MINOR METALS

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MINOR METALS OVERVIEW CHARLES SWINDON,
CHAIRMAN MINOR METALS TRADE ASSOCIATION (MMTA)
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HISTORY of the MMTA

• The Minor Metals Trade Association (MMTA) was
  founded in 1973 when by-product metals were
  just starting to be used in mass applications.
• The MMTA began with just 7 metals Antimony,
  Magnesium, Nickel, Cadmium, Bismuth, Selenium
  Mercury. The MMTA now has Contract
  Specifications for 59 Minor Metals, 13 Ferro
  Alloys 9 Rare Earths.
• Necessary to establish clear trading rules in
  those early days.
• Minor Metals trade activity has increased
  dramatically.
• Industries that have led the application of
  minor metals include super-alloys,
  master-alloys, optics, electronics, catalysts,
  electronic pastes and many other applications
  that are central to the quality of life enjoyed
  today.

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GEOGRAPHY OF MMTA
Indicating the Location of Members Head Offices
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OBJECTIVES of the MMTA

• To Develop New Markets (with a Continued Emphasis
  on Tight Contracts) and Business Opportunities
  for Members.
• To Improve Members Expertise and Technical
  Knowledge in the Field of Minor Metals.
• To Assist With REACH Co-ordination.
• To Promote Minor Metals in Trade and Business
  Press.
• To Educate International Organisations (UN,
  OECD, EU..) about Minor Metals and the Vital
  Role they Play in Modern Life.
• To Provide Mediation or Arbitration Services
  Should They be Required by Members.

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MINOR METALS CONTRACTS
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MINOR METALS CONTRACTS
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MMTA Registered Warehouses
The MMTA maintains a global network of warehouses
who are registered to handle minor metals with
due care and attention. Registered warehouses are
required to take out insurance against
unexplained losses of USD1.25M and waive their
liability with regard to Minor Metals owned by
MMTA members. The current list of registered
warehouses is
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MMTA Members

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WHAT ARE THE MINOR METALS?
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WHAT ARE THE MINOR METALS?
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MINOR?

• MINOR METALS PLAY A VITAL ROLE IN TODAYS
  ECONOMY

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MINOR?

• Titanium (Ti)
• Cobalt (Co)
• Chromium (Cr)
• Hafnium (Hf)
• Niobium (Nb)
• Rhenium (Re)
• Tantalum (Ta)
• Tungsten (W)
• Silicon (Si)
• Antimony (Sb)
• Indium (In)
• Lithium (Li)

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MINOR METALS MARKET

• Many Minor Metals are Recovered as a Result of
  Mining and Production of Base Metals such as
  Copper and Nickel.
• Minor Metals Unevenly Distributed Throughout the
  World.
• Market Dependence on Certain Countries can lead
  to Supply Shocks and Concerns Regarding
  Security of Supply.

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UNEVEN DISTRIBUTION
Antimony Mine Production 2007 Total Mine
Production 170,000MT
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UNEVEN DISTRIBUTION
Bismuth Mine Production 2007 Total Mine
Production 5720
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MINOR METALS TRADING

• Sometimes Opaque.
• Prices for many Minor Metals Quoted by
  Publications such as Minormetals.com, Metal
  Bulletin and Reuters.
• Price Drivers
• Supply
• Demand
• Cost of Resources
• Cost of Energy
• Supply Shocks
• Currency

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MINOR METALS PRICES
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MINOR METALS PRICES
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MINOR METALS PRICES
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MINOR METALS FUTURE

• Growth Areas for Existing Applications
• Growth Areas for New Applications
• Restricting Trade Barriers
• Government Stockpiling
• The Importance of New Production Streams
• The Importance of Recycling

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Future Growth of the MMTA

• Membership Numbers Doubled in the last 2 3
  Years
• Increase in Number of Minor Metals Rare Earths
  Contracts
• Increase Diversification of Global Membership
• Build upon Knowledge, Professionalism
  Experience
• REACH
• Conferences
• Minor Metals Empire Building

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MMTAs INTERNATIONAL MINOR METALS CONFERENCE 2009

• Want to Know More About Minor Metals?
• Join 200 Industry Professionals in Istanbul,
  Turkey, on 26th 28th April 2009 for the
  Highlight of the Minor Metals Calendar.
• Speakers Include Johnson Matthey, Criterion
  Catalysts, Credit Suisse, Talison Minerals, LME
  Sidech SA.
• For More Information Visit www.mmta.eu

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CHARLES SWINDON

Chairman Managing Director MMTA RJH Trading
Ltd 326A City Road 10/11 Dacre
Street London London EC1V 2PT SW1H 0DJ Tel.
44 (0)20 7833 0237 Tel. [phone]
4488 Fax. [phone] Fax.44 (0)20
7233 2633 chairman_at_mmta.co.uk charles_at_rjh-tradin
g.biz www.mmta.eu www.rjh-trading.com