Mineral Commodities are non-renewable resources classified as energy, metallic and non-metallic. Metallic commodities are categorized as precious and non-precious metals or ferrous and non-ferrous metals.
Manganese is a hard brittle silvery metal, often found in minerals in combination with iron. It’s a transition metal with a multifaceted array of industrial alloy uses, particularly in stainless steels. Manganese has no satisfactory substitute in its major applications in metallurgy. It improves strength, workability and resistance to wear. Its oxide is used as an oxidizing agent, as a rubber additive, in glass making, fertilizers and ceramics. Its sulfate can be used as a fungicide.
One of the world’s most widely used metals, iron is primarily used to make steel – often in conjunction with ferroalloys. Structural steel and steel reinforcing bar – known as rebar – are often used in buildings and bridges. Stainless steel, meanwhile, has countless uses, from construction and vehicles to cutlery, cookware and domestic appliances.
Copper has a vast range of household and industrial uses. Its superior electrical conductivity makes it ideal for electronics, such as wiring and computer connections and its ability to heat up and cool down quickly makes it ideal for heat exchange applications such as air conditioners. This metal is easily recycled, and also used in renewable energy technologies such as solar cells and electric vehicles – so it has a vital role to play in a sustainable future.
Lithium is a soft silvery metal and its most important use is in rechargeable batteries for mobile phones and other devices. It is also used in some non-rechargeable batteries and may be made into alloys improving their strength and making them lighter.
Niobium is a very corrosion resistant metal used in alloys to improve its strength, particularly in low temperatures. Alloys containing niobium are used in jet engines and rockets, beams and girders for buildings and oil rigs, and oil and gas pipelines. This element also has superconducting properties. It is used in superconducting magnets for particle accelerators, MRI scanners and NMR equipment.
In addition to the mineral commodities above, NETZ trades alloys, tin, nickel, zinc, aluminium, titanium, lead, tantalite and more.
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