Natural Resources of Azerbaijan composed of pyrite and chalcopyrite. Copper-porphyry formations’ ores consist of molybdenum and small amount of noble metals. There are many copper-porphyry formation’s ore in this region except Garadagh and Xarxar deposits (Gedebey ore region). There are copper-porphyte in the Mehmana ore-bearing region (Demirli and Xançincay). Copper-porphyry ore-bearing in the Nakhchivan Autonomous Republic, is mainly located on the Mehri-Ordubad granitoid batholite's exo and endocontact zones (Diakhchay, Goygol, Goydagh etc.). In addition, Halhal copper-pyrite, Goygol, Agridağ copper, Nashirvaz, Kilit-Katam copper-cobalt, Nergirvaz copper-polymetallic are known in this region. Molybdenum field are found in Dalidagh (Teymuruchandagh, Baghırsag, etc.) and Ordubad ore regions (Paraghachay Diachchay).
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