8. Base and Precious Metals Flashcards
1
Q
What’s are the three main derivatives exchanges for base a precious metals?
A
- Chicago Mercantile Exchange
- London Metals Exchange
- Shanghai Futures Exchange
2
Q
Name three base metals?
A
Copper, iron, and aluminium
3
Q
Name three precious metals
A
Gold, silver and platinum
4
Q
What is it important to note with base and precious metals.
A
There is a finite supply that can be extracted
5
Q
What are important environmental considerations concerning base and precious metals?
A
Extraction can have high environmental disruption, which comes at an environmental cost.
6
Q
What are substitutes for base metals
A
Plastic