A commodities exchange is a legal institution that sets and executes trading rules for regulated commodity contracts and related financial derivatives. There are physical and online institutions around the world. The most common ones are in the United States (CME and NYMEX). On the other hand, ICE belongs to Europe…
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Rhodium is the rarest and most valuable precious metal in the world. It is found in platinum or nickel ores and it was discovered in 1803 by William Hyde Wollaston. It’s a very rare silvery-white transition metal that’s robust, corrosion-resistant, and chemically inert. The worldwide supply of rhodium is estimated…
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Cobalt is found exclusively mixed in the Earth’s crust, with the exception of small amounts found in natural iron alloys. After all, cobalt is a silver-white, hard, glossy, and crumbly hard magnetic element. Because of its physical characteristics, it’s similar to iron and nickel. Although Cobalt is stable in air…
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Cooper is a ductile, malleable metal with excellent thermal and electrical conductivity. A freshly exposed pure copper surface is pinkish-orange in hue. Uses Also, Copper is utilized extensively in electrical equipment such as lines and motors. This is because it can be dragged into wires and efficiently conducts heat and…
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Copper is a metal soft, malleable and ductile that is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys. Native copper can be found at many locations as a primary mineral in basaltic lavas and as reduced from copper…
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Aluminum is a chemical element that occupies position number 13 in the periodic table, with the symbol Al. It has a density lower than most other common metals and it has a significant affinity for oxygen and forms a protective layer of oxide on the surface when exposed to air. …
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Mo, also known as Molybdenum, has the atomic number 42 and was discovered in 1778. Molybdenum is a silvery-gray metal that is typically obtained as a consequence of copper and tungsten processing. Molybdenum has a wide range of applications due to its unique characteristics. As a result of its high…
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Located in Western Asia and with a population of approximately 10 million people, Jordan holds today the 4th strongest currency in the world. It is called Jordanian Dinar (JOD) and became the official currency of the country in 1950, after replacing the Palestinian pound. At the moment, 1 US Dollar…
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With the Cr symbol and atomical number 24, this shiny base metal is one of the 21st most common elements on Earth. Every year, roughly 20,000 tons of chromium metal are generated, with about a billion tons of huge reserves that aren’t unexploited yet. It’s a steely-grey transition metal that’s…
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If you’re interested in economics and international commerce, you probably know that currently the Kuwaiti Dinar it’s the strongest currency in the world. It was introduced in 1960 and, initially, it was equal to one pound sterling. At the moment, 1 Kuwaiti Dinar is equal to 3.32 US dollars. This…
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