Group 12 element by mass, and even the leanest concentrated deposits are at least 0.1% mercury (12,000 times average crustal abundance). It is found either as a native metal (rare) or in cinnabar (HgS), corderoite, livingstonite and other minerals, with cinnabar being the most common ore. While mercury and zinc minerals are found in large enough quantities to be mined, cadmium is too similar to zinc and therefore is always present in small quantities in zinc ores from where it is recovered. Identified world zinc resources total about 1.9 billion tonnes. Large deposits are in Australia, Canada and the United States with the
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