If you compare that illustration:
with what we're seeing here:
Then you can see that the pocket that takes the core slug, where the curie effect magic happens, extends at least as far, possibly further than, the raised ring on the actual tip.
On a tip I've got here (2.3mm wedge) that ring is only 9.5 mm away from the most distal part of the tip. The part of actual face where most of the soldering goes on is perhaps 8mm away. Don't forget that the tip is, as you can see, solid copper under the plating.