Spending in this NAICS is dominated by the United States Mint, which accounted for $1.24 billion of the $1.26 billion obligated in the period. Award activity was also concentrated among a small set of vendors, led by STONEX FINANCIAL LTD and INTL FCSTONE LTD, both tied to CAGE code U1MU4.
NAICS Industry
NAICS 331410 Federal Contract Obligations (Last Year)
Federal procurement awards for NAICS 331410, Nonferrous Metal (Except Aluminum) Smelting and Refining, totaled $1.26 billion across 358 actions in the last full year.
Totals reflect obligated amounts for the last full year and include the reported negative obligation in the agency rollup.
NAICS Code
331410
Industry
NONFERROUS METAL (EXCEPT ALUMINUM) SMELTING AND REFINING
Total Obligated
1.26 billion
1,255,516,437.67
Award Actions
358
Average Action Value
3,507,029.15
About NAICS 331410 federal contract activity
FPDS records for NAICS 331410, Nonferrous Metal (Except Aluminum) Smelting and Refining, show 1.26 billion in obligated dollars across 358 awards during the last full year, with an average award value of 3.51 million. The activity level is concentrated in a relatively small number of transactions, indicating a market driven by high-value procurement actions rather than broad award dispersion.
Agency demand and leading federal buyers
The United States Mint dominated obligations in this NAICS, accounting for 1.24 billion across 286 awards and representing the clear center of federal demand. The Defense Logistics Agency and the Department of the Navy were distant secondary buyers at 13.82 million and 2.83 million respectively, while NASA posted a single 78.90 thousand award and the Department of the Army showed a small negative obligation of 5.84 thousand.
Vendor concentration and leading contractors
Vendor spending was heavily concentrated in two related names sharing the same CAGE code: STONEX FINANCIAL LTD at 592.83 million across 34 awards and INTL FCSTONE LTD at 587.56 million across 247 awards. The remaining top vendors were far smaller by comparison, led by Toronto-Dominion Bank, The at 40.65 million, A-Mark Precious Metals, Inc. at 17.75 million, and Global Advanced Metals USA Inc at 13.82 million.
Annual contract trend over the analysis window
The annual trend shows all recorded activity in 2025, with 1.26 billion obligated over 358 awards in the last full year. Because only one year is present in the analysis window, this page reflects a snapshot of annual volume rather than a multi-year trend line.
How to interpret this page
This summary is based on FPDS obligations mapped to NAICS 331410 for the last full year. Totals, award counts, and averages are taken directly from the provided query outputs; negative obligations are retained as reported and should be interpreted as deobligations or adjustments within the dataset.
Top Agencies
SELECT
agency_id,
agency_name,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
content__award__purchaserInformation__contractingOfficeAgencyID AS agency_id,
anyHeavy(content__award__purchaserInformation__contractingOfficeAgencyID__name) AS agency_name,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__productOrServiceInformation__principalNAICSCode = '331410'
AND content__award__purchaserInformation__contractingOfficeAgencyID IS NOT NULL
AND content__award__purchaserInformation__contractingOfficeAgencyID != ''
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 1 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY agency_id
)
ORDER BY total_obligated DESC
LIMIT 10| Agency ID | Agency Name | Total Obligated | Readable | Award Actions |
|---|---|---|---|---|
| 2044 | UNITED STATES MINT | 1,238,788,483.55 | 1.24 billion | 286 |
| 97AS | DEFENSE LOGISTICS AGENCY | 13,820,773.96 | 13.82 million | 7 |
| 1700 | DEPT OF THE NAVY | 2,834,121.16 | 2.83 million | 63 |
| 8000 | NATIONAL AERONAUTICS AND SPACE ADMINISTRATION | 78,900.00 | 78.90 thousand | 1 |
| 2100 | DEPT OF THE ARMY | -5,841.00 | -5.84 thousand | 1 |
Insight
Obligations under NAICS 331410 were highly concentrated in the United States Mint, which accounted for $1.24 billion of the $1.26 billion total obligated in the last full year, across 286 of 358 awards. The Defense Logistics Agency and Department of the Navy were distant secondary obligors at $13.82 million and $2.83 million, respectively, indicating a steep drop-off after the dominant buyer. NASA obligated a nominal $78.9 thousand, while the Department of the Army recorded a small negative obligation of $5.84 thousand, showing limited activity outside the top three agencies.
Top Vendors
SELECT
vendor_name,
cage_code,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
content__award__vendor__vendorHeader__vendorName AS vendor_name,
anyHeavy(content__award__vendor__vendorSiteDetails__entityIdentifiers__cageCode) AS cage_code,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__productOrServiceInformation__principalNAICSCode = '331410'
AND content__award__vendor__vendorHeader__vendorName IS NOT NULL
AND content__award__vendor__vendorHeader__vendorName != ''
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 1 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY vendor_name
)
ORDER BY total_obligated DESC
LIMIT 10| Vendor | CAGE Code | Total Obligated | Readable | Award Actions |
|---|---|---|---|---|
| STONEX FINANCIAL LTD | U1MU4 | 592,828,721.15 | 592.83 million | 34 |
| INTL FCSTONE LTD | U1MU4 | 587,560,343.36 | 587.56 million | 247 |
| TORONTO-DOMINION BANK, THE | L03P3 | 40,648,673.24 | 40.65 million | 3 |
| A-MARK PRECIOUS METALS, INC. | 3DXE7 | 17,750,745.83 | 17.75 million | 1 |
| GLOBAL ADVANCED METALS USA INC | 7MNJ3 | 13,816,800.00 | 13.82 million | 5 |
| AVION ALLOYS INC | 63CR9 | 898,628.12 | 898.63 thousand | 13 |
| B & H INTERNATIONAL LLC | 768R4 | 723,977.97 | 723.98 thousand | 7 |
| FEDERAL METAL CO | 5B438 | 518,800.00 | 518.80 thousand | 3 |
| UNITED GLOBAL SOLUTIONS LLC | 9TX63 | 190,478.57 | 190.48 thousand | 7 |
| TRITON ALLOYS CORP | 4NMK8 | 180,701.50 | 180.70 thousand | 9 |
Insight
NAICS 331410 obligations totaled $1.26 billion across 358 awards in the last full year, with an average award value of $3.51 million. Spending is highly concentrated: STONEX FINANCIAL LTD and INTL FCSTONE LTD, both tied to CAGE U1MU4, accounted for about $1.18 billion combined, or roughly 94% of total obligations. The remaining vendors were far smaller, led by THE TORONTO-DOMINION BANK, THE at $40.65 million, indicating a steep drop-off after the top two suppliers.
Annual Trend
SELECT
year,
total_obligated,
award_count,
formatReadableQuantity(total_obligated) AS total_obligated_readable
FROM
(
SELECT
toYear(parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate)) AS year,
sum(content__award__dollarValues__obligatedAmount) AS total_obligated,
count() AS award_count
FROM fpds.data
WHERE
contract_type = 1
AND content__award__productOrServiceInformation__principalNAICSCode = '331410'
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) >= toStartOfYear(now()) - INTERVAL 1 YEAR
AND parseDateTimeBestEffortOrNull(content__award__relevantContractDates__signedDate) < toStartOfYear(now())
GROUP BY year
)
ORDER BY year DESC| Year | Total Obligated | Readable | Award Actions |
|---|---|---|---|
| 2025 | 1,255,516,437.67 | 1.26 billion | 358 |
Insight
For the last full year, NAICS 331410 recorded $1.26 billion in obligated dollars across 358 awards, indicating a meaningful level of contracting activity in nonferrous metal smelting and refining. The average award value was about $3.51 million, suggesting a moderate concentration of obligations across a relatively limited number of awards. With only one annual data point provided, no year-over-year trend can be assessed in this window.
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