Scientists used stereo images from NASA's MESSENGER spacecraft to create a high-resolution topo map that showed the broad valley - more than 1,000 kilometres long - extending into the Rembrandt basin, one of the largest and youngest impact basins on Mercury.
About 400 kilometres wide and three kilometres deep, Mercury's great valley is smaller than Mars' Valles Marineris, but larger than North America's Grand Canyon and wider and deeper than the Great Rift Valley in East Africa.
Mercury's great valley is bound by two large fault scarps - cliff-like landforms that resemble stair steps. The scarps formed as Mercury's interior cooled; the planet's shrinking was accommodated by the crustal rocks being pushed together, thrusting them upward along fault lines.
However, the valley is not only the product of two large, parallel, fault scarps - the elevation of the valley floor is below that of the surrounding terrain, suggesting that another process may be at work.
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Cooling of Mercury's interior caused the planet's single outer crust plate to contract and bend. Crustal rocks were thrust upward while the emerging valley floor sagged downward. The sagging valley floor lowered part of the rim of the Rembrandt basin as well.
"There are similar examples of this on Earth involving both oceanic and continental plates, but this may be the first evidence of this geological process on Mercury," Watters said.
The research was published in the journal Geophysical Research Letters.
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