Ore study of economic geology, or ore genesis. The classifications below are typical. The basic extraction of ore deposits follows these steps: Ores (metals) are traded internationally and comprise a sizeable portion of international trade in raw materials both in value and volume. This is because the worldwide distribution of ores is unequal and dislocated from locations of peak demand and from smelting infrastructure. Most base metals (copper, lead, zinc, nickel) are traded internationally on the London Metal Exchange, with smaller stockpiles and metals exchanges monitored by the COMEX and NYMEX exchanges in the United States and the Shanghai Futures Exchange
Metal U.S. rose from 73g to 238g per person. Metals are inherently recyclable, so in principle, can be used over and over again, minimizing these negative environmental impacts and saving energy. For example, 95% of the energy used to make aluminium from bauxite ore is saved by using recycled material. Globally, metal recycling is generally low. In 2010, the International Resource Panel, hosted by the United Nations Environment Programme published reports on metal stocks that exist within society and their recycling rates. The authors of the report observed that the metal stocks in society can serve as huge mines above ground.