Base Metal

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Base Metal

A metal other than a precious metal; iron is often excluded as well. Common examples include aluminum, tin and copper. Base metals may be traded as commodities and have a variety of uses. As currencies have increasingly gone to fiat money systems, coins are usually made out of a base metal such as zinc.
References in periodicals archive ?
Nonetheless, base metals producers' earnings performance overall will remain under pressure next year.
The bank has also hired Dylan Morgan to be co-head of base metal trading alongside Tom Parkin, from UBS AG (NYSE: UBS).
ScotiaMocatta, the precious and base metals division of the Scotiabank Group, is a global leader in metals trading and finance, with roots dating back to 1671.
Our estimates of speculative positioning are already widely followed in the base metals market but this is the first time we have formalised them in a weekly report.
The Thomson Reuters Metals Insider community has free access to a base metals news archive as well as research, market reports, prices and data.
The company claims their Izok project is one of the world's highest-grade, undeveloped base metal deposits.
6, 2001 - A lake-sediment survey in the Fort Hope region of northwestern Ontario identified more than 40 areas with potential for precious and base metals, enhanced levels of palladium, platinum, copper and nickel and many areas open for claim staking.
What factors are affecting the strength of competition in the United States base metals market?
It is expected that in the next five years, the demand for base metals will keep growing in China.
The 'Base Metals Mining in India to 2020' report comprehensively covers the country's historical and forecast data on base metals (copper, zinc and lead) production, reserves, consumption and trade to 2020.