Mineral Many sulfide minerals are economically important as metal ores; examples include sphalerite (ZnS), an ore of zinc, galena (PbS), an ore of lead, cinnabar (HgS), an ore of mercury, and molybdenite (MoS, an ore of molybdenum. Pyrite (FeS), is the most commonly occurring sulfide, and can be found in most geological environments. It is not, however, an ore of iron, but can be instead oxidized to produce sulfuric acid. Related to the sulfides are the rare sulfosalts, in which a metallic element is bonded to sulfur and a semimetal such as antimony, arsenic, or bismuth. Like the sulfides, sulfosalts are
Iron ore addition to swaps. The CME group has been the venue most utilised for clearing of options written against TSI, with open interest at over 12,000 lots in August 2012. Singapore Mercantile Exchange (SMX) has launched the world first global iron ore futures contract, based on the Metal Bulletin Iron Ore Index (MBIOI) which utilizes daily price data from a broad spectrum of industry participants and independent Chinese steel consultancy and data provider Shanghai Steelhome's widespread contact base of steel producers and iron ore traders across China. The futures contract has seen monthly volumes over 1.5 million tonnes after eight months