The Crater was made after a fragment of 99942 Apophis crashed into Earth. The remains of Apophis are gigantic sharp rocks that cover the area. Because Apophis contained rich deposits of Feltrite, a mining operation has been started by the Shrouded Clan.
The location contains little other than a drilling rig relevant to the quest "Feltrite Crater", the Shrouded Minigun Collector Card, some minor loot and a Stanley Express Mailbox. Despite containing a lot of pure Feltrite, this location has no Feltrite Crystals available to the protagonist.