[2][4] Its discovery followed a 10-year-long systematic search by an international team of scientists led by Luca Bindi and Paul J. Steinhardt to find the first natural quasicrystal.

[5] It occurs as tiny grains in a small sample labelled "khatyrkite" (catalog number 46407/G, housed in The Museum of Natural History, University of Florence, Italy), collected from an outcrop of weathered serpentinite in the Khatyrka ultramafic zone of the Koryak-Kamchatka area, Koryak Mountains, Russia.

The rock sample also contains spinel, diopside, forsterite, nepheline, sodalite, corundum, stishovite, khatyrkite, cupalite and an unnamed AlCuFe alloy.

Evidence shows that the sample is actually extraterrestrial in origin, delivered to the Earth by a CV3 carbonaceous chondrite asteroid that dates back 4.5 Gya.

[6][5] A geological expedition has identified the exact place of the original discovery and found more specimens of the meteorite.