Base Metals Handbook
Edited by Martin Thompson
WOODHEAD PUBLISHING LIMITED
"Information by
which you can guide your business a bit (or a lot) better....an absolute must."
- American Metal Market
"Admirably complete
in its coverage" Tin International
Base Metals Handbook is a
practical reference work which should be on the shelves of anyone concerned with the base
metals industries.
It provides a detailed yet
concise examination of the aluminium, copper, lead, nickel, tin and zinc industries
worldwide. Its coverage includes mineral reserves, production processes, end-use market
consumption trends and trade patterns. The handbook contains comprehensive tables of
production, consumption, imports, exports and stocks, as well as lists of mines, smelters
and refineries throughout the world.
Who should use this handbook?
Base Metals Handbook is a
practical reference work for everyone concerned with these industries, including:
Producers
Consumers
Brokers
Traders
Analysts
Financial advisors
Investors
Mining engineers
Metallurgists
Keep pace with change
The structure and workings of
the world's metals industries change all the time, making it difficult to remain
up-to-date. Base Metals Handbook provides a practical solution, with regular supplements
which you can quickly incorporate into your looseleaf handbook.
Sources and methodology
This handbook is the result
of an extensive programme of research. The authors have compiled and analyses data from a
wide range of sources, including the London Metal Exchange, CRU, World Bureau of Metal
Statistics, Brook Hunt, International Aluminium Association, Aluminium Association,
European Aluminium Association, Japanese Aluminium Federatio, Car Manufacturers'
Institute, International Copper Study Group, International Wrought Copper Council,
International Tin Research Institute, International Tin Council, International Lead Zinc
Study Group, US Geological Survey, International Nickel Study Group, Inco World Stainless
Steel Statistics and Billiton Nickel. Information was also provided by a variety of
individual companies, and gathered from trade and technical journals.
Base Metals Handbook will
enable you to:
Gain a clear picture of each
global market
Stay up-to-date with
twice-yearly supplements
Identify key trends and
assess the impact of recent developments
Gather intelligence on the
major players worldwide
Work with reliable
statistics, researched from the world's most authoritative sources
Save time gathering data -
concentrate on using it instead
About the editor
Martin Thompson retired as
Commercial Adviser for Rio Tinto plc in 1999, having joined the company in 1968. From 1976
onwards he dealt mainly with base metals, specialising in copper. He is a regular writer
on the metal and has undertaken an examination of an international trade dispute on behalf
of GATT. He was Chairman of the British Copper Development Association, Vice-Chairman of
the European Copper Institute, and Chairman of the Statistical Committee of the
International Copper Study Group. Previously he worked for Consolidated Tin Smelters Ltd
and for the merchant bank NM Rothschild and Sons, in London and Rhodesia.
The contributors
Christopher Green, former
Chairman of the London Metals Exchange Ltd and of Barclays Metals Group
Angus MacMillan, Senior
Consultant with independent consultancy Brook Hunt
Philip Crowson, former Chief
Economist of Rio Tinto and Director of the LME
Peter Cranfield, Market
Research Manager of the Stainless Steel Materials Group of BHP Billiton
Contents
Editor's introduction
The contributors
Sources of data
Index
Chapter 1: The base metals
markets
Christopher Green
History and background
Early origins
Early metal trading
The not quite so Dark Ages
The industrial revolution
The merchants
The LME: development and
structure
Development
Price determination and
control
The structure of the LME
Contracts
* LME warehousing policy
The current position and the
future
Contangos and backwardations
Options Long-term price stability - a more assured future?
Chapter 2: Aluminium
Angus MacMillan
Resources and extraction
Bauxite
Alumina
Aluminium
Recent developments in
Western production
Consumption
Background and history
Major end-use markets
The Market
The aluminium industry of the
former Soviet Union
The aluminium industry of
China
Recent developments
Appendix
Global alumina refinery
capacity
Global aluminium smelting
capacity
World primary aluminium
consumption
World primary aluminium
production
World alumina production
Chapter 3: Copper
Martin Thompson
Resources and extraction
Origins of copper
Types of deposit
Geographical distribution of
deposits
History of mining
Geographical distribution and
recent trends in mine production
International trade in mine
production
Extraction and processing of
copper
Secondary production
Secondary production
Geographical distribution and
recent trends in refined production
International trade in
blister
International trade in
refined copper
Costs of production
Prospects for production
growth
Consumption
Properties
Alloys
Applications
Survey of current consumption
Rival materials
Miniaturisation
Prospects for consumption
growth
The Market
Supply/demand balance of
refined copper
Pricing of copper
Metal exchanges
Appendix
The world's major copper
mines
The world's major copper
smelters
The world's major copper
refineries
Chapter 4: Lead
Philip Crowson
Resources and extraction
Resources and reserves
Mining and concentrating
Smelting
Refining
Mine production
Secondary production
Refined production
Consumption
Overall trends
End-uses
Regional trends in
consumption
The Market
Ores and concentrates
The pricing of lead metal
Lead metal supply and demand
Stocks of lead metal and
prices
Appendix
The world's lead mines, 2000
The world's primary lead
smelters, 2000
The world's lead refineries,
2000
Chapter 5: Zinc
Philip Crowson
Resources and extraction
Resources and extraction
Mining and concentrating
Smelting and refining
Mine production
Secondary production
Refined production
Production of refined zinc
Consumption
Overall trends
End-uses
Regional trends in
consumption of refined zinc
The Market
Ores and concentrates
The pricing of zinc metal
zinc metal supply and demand
Stocks of zinc metal and
prices
Appendix
The world's zinc mines, 2000
The world's zinc smelters,
2000
Chapter 6: Nickel
Peter Cranfield
Resources and extraction
Resources and extraction
Origins of nickel
Types of deposit
Geographical distribution of
reserves and mine production
International trade in mine
production
Extraction by
pyrometallurgical processes
Extraction by
hydrometallurgical processes
Secondary production
Geographical distribution of
smelter and refinery production
International trade in
smelter matte
International trade in
refined nickel
Costs of production
Prospects for production
growth
Consumption
Properties of nickel and
sustainable development
Nickel consumption by end-use
Historical trends in
consumption
Geographical distribution of
consumption
Substitution
Prospects for growth in
nickel use
The Market
Supply/demand balance of
refined nickel
The secondary nickel market
Inventories
Prices
London Metal Exchange
Appendix
Nickel companies
Chapter 7: Tin
Philip Crowson
Resources and extraction
Resources and extraction
Resources and extraction
Mining methods
Tin smelting
Consumption
Properties and uses
End-use markets
Regional trends in demand
The Market
International control of tin
Market trends
400 pages