Precious metal ores and concentrates
HS v2022 Code: 2616
About precious metal ores and concentrates
HS code 2616 covers the classification of precious metal ores and concentrates. This industry is of critical importance to the global economy, as it provides the raw materials necessary for the production of a wide range of precious metal-based products, from jewelry and electronics to industrial and medical applications. The extraction and processing of these ores are essential activities that support numerous downstream industries and contribute significantly to international trade.
Production process
The production of precious metal ores and concentrates typically involves a multi-stage process. First, the ore is extracted from the earth through mining operations, which can include both surface and underground mining techniques. The extracted ore is then crushed, ground, and subjected to various physical and chemical separation processes to concentrate the desired precious metal content. This may involve techniques such as gravity separation, flotation, and leaching, among others, depending on the specific characteristics of the ore.
Production inputs
The main inputs required for the production of precious metal ores and concentrates include the raw ore deposits, which are typically found in specific geological formations. Additionally, the industry relies on specialized mining and processing equipment, such as excavators, crushers, and separation equipment. Energy sources, such as electricity and fuel, are also crucial inputs, as are various chemical reagents used in the concentration and purification processes.
Production outputs
The primary outputs of the precious metal ores and concentrates industry are the concentrated ores and concentrates containing high levels of precious metals, such as gold, silver, platinum, and palladium. These outputs are then typically consumed by 2843 Precious metals in colloidal form, 7108 Gold, 7110 Platinum, palladium, rhodium, iridium, osmium, ruthenium, and other related industries that further process and refine the precious metals for various applications.
Family tree for precious metal ores and concentrates
graph LR
A["<a href='/classifications/hs/v2022/26'>26: Ores, slag and ash</a>"]
A --> B["<a href='/classifications/hs/v2022/2616'>2616: Precious metal ores and concentrates</a>"]
A --> C["<a href='/classifications/hs/v2022/2601'>2601: Iron ores and concentrates; including roasted iron pyrites</a>"]
A --> D["<a href='/classifications/hs/v2022/2602'>2602: Manganese ores and concentrates, including ferruginous manganese ores and concentrates with a manganese content of 20% or more, calculated on the dry weight</a>"]
A --> E["<a href='/classifications/hs/v2022/2603'>2603: Copper ores and concentrates</a>"]
A --> F["<a href='/classifications/hs/v2022/2604'>2604: Nickel ores and concentrates</a>"]
A --> G["<a href='/classifications/hs/v2022/2605'>2605: Cobalt ores and concentrates</a>"]
A --> H["<a href='/classifications/hs/v2022/2606'>2606: Aluminium ores and concentrates</a>"]
A --> I["<a href='/classifications/hs/v2022/2607'>2607: Lead ores and concentrates</a>"]
A --> J["<a href='/classifications/hs/v2022/2608'>2608: Zinc ores and concentrates</a>"]
A --> K["<a href='/classifications/hs/v2022/2609'>2609: Tin ores and concentrates</a>"]
A --> L["<a href='/classifications/hs/v2022/2610'>2610: Chromium ores and concentrates</a>"]
A --> M["<a href='/classifications/hs/v2022/2611'>2611: Tungsten ores and concentrates</a>"]
A --> N["<a href='/classifications/hs/v2022/2612'>2612: Uranium or thorium ores and concentrates</a>"]
A --> O["<a href='/classifications/hs/v2022/2613'>2613: Molybdenum ores and concentrates</a>"]
A --> P["<a href='/classifications/hs/v2022/2614'>2614: Titanium ores and concentrates</a>"]
A --> Q["<a href='/classifications/hs/v2022/2615'>2615: Niobium, tantalum, vanadium or zirconium ores and concentrates</a>"]
A --> R["<a href='/classifications/hs/v2022/2617'>2617: Ores and concentrates; n.e.c. in heading no. 2601</a>"]
A --> S["<a href='/classifications/hs/v2022/2618'>2618: Granulated slag (slag sand) from the manufacture of iron or steel</a>"]
A --> T["<a href='/classifications/hs/v2022/2619'>2619: Slag, dross; (other than granulated slag), scalings and other waste from the manufacture of iron or steel</a>"]
A --> U["<a href='/classifications/hs/v2022/2620'>2620: Slag, ash and residues; (not from the manufacture of iron or steel) containing metals, arsenic or their compounds</a>"]
A --> V["<a href='/classifications/hs/v2022/2621'>2621: Slag and ash n.e.c. in chapter 26; including seaweed ash (kelp) and ash and residues from the incineration of municipal waste</a>"]
B --> W["<a href='/classifications/hs/v2022/261610'>261610: Silver ores and concentrates</a>"]
B --> X["<a href='/classifications/hs/v2022/261690'>261690: Precious metal ores and concentrates; (excluding silver)</a>"]
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class D level4
class E level4
class F level4
class G level4
class H level4
class I level4
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class K level4
class L level4
class M level4
class N level4
class O level4
class P level4
class Q level4
class R level4
class S level4
class T level4
class U level4
class V level4
class W level6
class X level6
class B highlight
%% class A level1
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