NEW YORK ( TheStreet) -- Minor metals are recovered as byproducts of base metals and find application in devices such as mobile phones, miniature motors, solar panels, solar cells and computer chips. Based on their primary end-uses, minor metals are categorized into four-groups: Electronic Metals (Gallium and Germanium), Power Metals (Molybdenum and Zirconium), Structural Metals (Chromium and Vanadium) and Performance Metals (Titanium and Rhenium).According to the London-based Minor Metals Trade Association (MMTA), its members alone account for over $10 billion in annual trade of minor metals. The MMTA includes 120 companies spread across 30 different countries. Recent statistics from the USGS show that China has the lion's share of these metals, accounting for approximately 34% of global production.
6 Minor Metal Stocks to Watch
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