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Minor Metals Trade Association
The Minor Metals Trade Association (MMTA) is a world-wide industry association whose members are involved in over 49 metals that are not traded on exchanges. The MMTA membership includes around 150 companies from 30 countries that trade in excess of US$10 billion of minor metals annually. Function The MMTA serves to benefit and promote the interests of the international minor metals industry and the MMTA membership, comprising companies actively involved in all aspects of the international trade of these metals in all their various forms. The MMTA does not host a marketplace for minor metals or publish price information. History The Association was established by London-based metals traders including Peter Robbins in 1973. It is based in Central London on Whitehall Court. The MMTA was established to provide clear trading rules for minor metals and to guide and inform the nascent industry. Other metal associations * London Metal Exchange * London Bullion Market Association * Lon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minor Metals
Minor metals is a widely used term in the metal industry that generally refers to metals which are a by-product of smelting a base metal. Minor metals do not have a real exchange, and are not traded on the London Metal Exchange (LME). Characteristics Two characteristics are regularly associated with minor metals: (1) their global production is relatively small in comparison to base metals, and (2), they are predominantly extracted as by-products of base metals.Strategic Metal Report (April 2010) Defining Minor & Strategic Metals. Retrieved from: http://strategic-metal.typepad.com/strategic-metal-report/2010/04/defining-minor-strategic-metals.html#more However, due to the diversity of the metals often classified as minor metals, there is still much discussion about what exactly defines a minor metal.Lifton, J. (November 15, 2007) Minor Metals. ResourceInvestor.com. Retrieved from http://www.resourceinvestor.com/News/2007/11/Pages/Minor-Metals.aspx Minor metals have a wide variety of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter Robbins (British Author)
Peter Robbins (born 1946) is a British author whose published works include '' Stolen Fruit'' and a range of specialist books on related topics including precious metals markets, tropical commodity markets, trade sanctions, access to market information, and on support for rural communities. He was a commodities trader in the City of London for 30 years. He was able to retire from the business early and became a consultant to the United Nations on trade relations between African countries and multinational companies. He worked also as an advisor to the African National Congress on trade sanctions against apartheid. Since then he has worked for many development agencies on issues relating to agricultural trade policy and its impact on small scale farmers. In 1971 he brought together specialist British metal traders to form the Minor Metals Trade Association. He was a founder member and Chair of the World Gold Commission from 1988 to 1995. This anti-apartheid pressure group ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whitehall Court
Whitehall Court in the City of Westminster, England, is one contiguous building but consists of two separate constructions. The south end was designed by Thomas Archer and A. Green and constructed as a block of luxury residential apartments in 1884 while the north end, occupied by the National Liberal Club, was designed by Alfred Waterhouse and completed in 1887. The building was developed speculatively by the Liberal MP and property developer Jabez Balfour, through the Liberator Building Society which he controlled. In 1892 the Society collapsed, leaving thousands of investors penniless. Instead of advancing money to home buyers, the Society had advanced money to property companies to buy properties owned by Balfour, at a high price. Well-known residents have included William Gladstone, Lord Kitchener, Grand Duke Michael Alexandrovich of Russia, George Bernard Shaw and Hall Caine. The building was used as Secret Intelligence Service (MI6) headquarters until the end of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Metal Exchange
The London Metal Exchange (LME) is a futures and forwards exchange with the world's largest market in standarised forward contracts, futures contracts and options on base metals. The exchange also offers contracts on ferrous metals and precious metals. The company also allows for cash trading. It offers hedging, worldwide reference pricing, and the option of physical delivery to settle contracts. Overview Ring trading Trading Times are 11:40 to 17:00 GMT. The LME is the last exchange in Europe where open-outcry trading takes place.BBC Radio 4 ''Today'', broadcast 25 October 2011. The ring was temporarily closed in March 2020 due to the COVID-19 pandemic. In January 2021, LME proposed closing the ring, Europe’s last open-outcry trading floor, and moving permanently to an electronic system. In addition to the 9 companies that have exclusive rights to trade in the Ring, around 100 companies are involved in the LME in total. Precious metals The LME used, however, to provide t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Bullion Market Association
The London Bullion Market Association (now known simply as LBMA), established in 1987, is the international trade association representing the global Over The Counter (OTC) bullion market, and defines itself as "the global authority on precious metals". It has a membership of approximately 150 firms globally, including traders, refiners, producers, miners, fabricators, as well as those providing storage and secure carrier services. Functions LBMA's mission “is to add value to the global precious metals industry, by setting standards and developing market services, thereby ensuring the highest levels of integrity, transparency and trust.” LBMA drives governance and continuous improvement of the market, ensuring all market participants can operate with confidence. LBMA is the standard-setting organisation that defines how precious metals are refined as well as traded, demonstrating this through its management of the globally acknowledged London Good Delivery Lists and Respon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Platinum And Palladium Market
The London Platinum and Palladium Market (LPPM) is an over-the-counter trading centre for platinum and palladium and a commodity trading association. London has always been a centre for the research in and development of most of the platinum group metals. Trade was established in the early 20th century, typically by existing dealers of gold and silver. The LPPM has been involved in fixing the world market prices of platinum and palladium since 1989. History Trading on the London Platinum and Palladium Market has a much shorter history than the trading on the London Bullion Market, which is performed since the 17th century. London has been a historically important centre for platinum and palladium. The trading was initiated at the beginning of the 20th century, alongside the longer-established bullion metals. In 1973, metal dealers established "London Platinum and Palladium Quotation"—a forerunner of the fixings. The prices for platinum and palladium were settled twice a day on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organizations Established In 1973
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Associations Based In The United Kingdom
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
