Glossary - Commodities

Commodity
Description
Coal

A combustible, organoclastic, sedimentary rock containing >50% by weight of carboneceous material and moisture and composed mainly of lithified plant remains.

Diamond A naturally occurring, high-pressure form of Carbon, valued as an industrial mineral because of its hardness and as a gem.  Diamonds ultimately derive from kimberlite and lamproite and form placer deposits.
General The following glossary contains definitions of certain technical terms.
Gold A soft, yellow and corrossion-resistant element.  It is one of the most malleable and ductile metals occurring in veins and alluvial deposits.
Nickel A silver-white, hard, yet malleable metallic element capable of a high polish and resistant to corrosion that is chiefly used in alloys and as a catalyst.
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