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
Ore dock ore, in raw or taconite form. Ore docks are typically long, high structures, with a railway track or tracks along the top and a number of "pockets" into which ore is unloaded from railcars, typically by gravity. Each pocket has a chute that can be lowered to discharge the ore into the hold of a ship berthed alongside. The use of pockets and chutes allows the dock itself to be loaded with ore before it is transferred into the freighter. The docks' storage bins or pockets typically are wider at the top than the bottom, and they lead to movable