Chalcopyrite Chalcopyrite Chalcopyrite ( ) is a copper iron sulfide mineral that crystallizes in the tetragonal system. It has the chemical formula CuFeS. It has a brassy to golden yellow color and a hardness of 3.5 to 4 on the Mohs scale. Its streak is diagnostic as green tinged black. On exposure to air, chalcopyrite oxidises to a variety of oxides, hydroxides and sulfates. Associated copper minerals include the sulfides bornite (CuFeS), chalcocite (CuS), covellite (CuS), digenite (CuS); carbonates such as malachite and azurite, and rarely oxides such as cuprite (CuO). Chalcopyrite is rarely found in association with native copper. Natural
Iron ore largest steel producing country. It is also the largest importer, buying 52% of the seaborne trade in iron ore in 2004. China is followed by Japan and Korea, which consume a significant amount of raw iron ore and metallurgical coal. In 2006, China produced 588 million tons of iron ore, with an annual growth of 38%. Over the last 40 years, iron ore prices have been decided in closed-door negotiations between the small handful of miners and steelmakers which dominate both spot and contract markets. Traditionally, the first deal reached between these two groups sets a "benchmark" to be followed