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Iridium is a stable metal that chemically unreactive, like platinum and gold. Iridium is the most resistant to oxidation of all metals. It can be used is as a hardening agent in alloys with Platinum and Osmium. Sometimes used in medical therapies e.g. treating prostate cancer by radiation therapy.
Iridium is the most corrosion-resistant material known. It is used in special alloys and forms an alloy with osmium, which is used for pen tips and compass bearings. It was used in making the standard metre bar, which is an alloy of 90% platinum and 10% iridium.