Government Nonferrous Metal (except Aluminum) Smelting and Refining Contracts
NAICS 331410 · Nonferrous Metal (except Aluminum) Smelting and Refining
Government nonferrous metal (except aluminum) smelting and refining contracts totaled $4.1B across 997 awards from FY2024 to FY2026. Obligations were up 3.3% in FY2026 compared with FY2025, and the Department of the Treasury was the largest buyer, accounting for $4.1B (98% of the total).
Key figures
In FY2026, contract obligations were $1,534,463,748 across 435 awards with activity that year, a change of +3.3% from $1,485,771,784 in FY2025. From FY2024 to FY2026, obligations totaled $4,118,816,789 across 997 awards.
- Obligated in FY2026
- $1.5B
- Awards in FY2026
- 435
- Change vs FY2025
- +3.3%
- Total, FY2024 to FY2026
- $4.1B
Note: FY2026 ended on Sep 30, 2026. The Department of Defense publishes contract data with a 90-day delay, so FY2026 totals may still rise as late reports arrive.
Nonferrous Metal (except Aluminum) Smelting and Refining contract spending by year
Federal nonferrous metal (except aluminum) smelting and refining contracts per fiscal year (October to September), under NAICS 331410. The table below lists the same numbers.
| Fiscal year | Obligated | Awards | Change |
|---|---|---|---|
| FY2026 | $1,534,463,748 | 435 | +3.3% |
| FY2025 | $1,485,771,784 | 331 | +35.2% |
| FY2024 | $1,098,581,257 | 237 | n/a |
About government nonferrous metal (except aluminum) smelting and refining contracts
Federal spending on nonferrous metal (except aluminum) smelting and refining contracts rose 40% from FY2024 ($1.1B) to FY2026 ($1.5B). FY2026 closed recently, and Defense Department contracts are reported up to 90 days late, so its total may still rise.
Spending is highly concentrated: the top 3 contractors account for 91% of the total. A few large firms win most of this work, so subcontracting can be the easiest way in.
The Department of the Treasury spends the most on nonferrous metal (except aluminum) smelting and refining contracts (98%), followed by the Department of Defense. The states with the most of this work are California, Illinois and Massachusetts.
NAICS 331410 (Nonferrous Metal (except Aluminum) Smelting and Refining) is part of the Manufacturing sector.
Top nonferrous metal (except aluminum) smelting and refining government contractors
Companies ranked by contract dollars under NAICS 331410 (Nonferrous Metal (except Aluminum) Smelting and Refining).
| # | Contractor | Obligated | Share |
|---|---|---|---|
| 1 | Stonex Financial LTD | $3,325,091,840 | 80.7% |
| 2 | The Toronto-Dominion Bank | $245,669,435 | 6.0% |
| 3 | A-Mark Precious Metals, Inc. | $189,578,887 | 4.6% |
| 4 | Bank of Montreal | $143,443,442 | 3.5% |
| 5 | Coins 'N Things, Inc. | $112,539,107 | 2.7% |
| 6 | Global Advanced Metals USA Inc | $49,266,647 | 1.2% |
| 7 | J. Aron & Company LLC | $34,471,539 | 0.8% |
| 8 | Manfra, Tordella & Brookes, LLC | $5,361,692 | 0.1% |
| 9 | Avion Alloys Inc. | $3,519,505 | <0.1% |
| 10 | Atlantic Metals and Alloys, LLC | $2,181,955 | <0.1% |
Agencies buying nonferrous metal (except aluminum) smelting and refining
Federal agencies ranked by contract dollars under NAICS 331410.
| # | Agency | Obligated | Share |
|---|---|---|---|
| 1 | Department of the Treasury | $4,056,155,942 | 98.5% |
| 2 | Department of Defense | $62,428,687 | 1.5% |
| 3 | National Aeronautics and Space Administration | $232,160 | <0.1% |
Where nonferrous metal (except aluminum) smelting and refining contract work is performed
States ranked by contract dollars, using the place of performance on each award.
| # | State | Obligated | Share |
|---|---|---|---|
| 1 | California | $190,572,269 | 4.6% |
| 2 | Illinois | $136,327,662 | 3.3% |
| 3 | Massachusetts | $112,539,107 | 2.7% |
| 4 | Pennsylvania | $51,183,843 | 1.2% |
| 5 | New York | $41,109,330 | 1.0% |
| 6 | Utah | $37,877,396 | 0.9% |
| 7 | Florida | $3,589,258 | <0.1% |
| 8 | Nevada | $2,194,379 | <0.1% |
| 9 | Ohio | $1,428,495 | <0.1% |
| 10 | Arizona | $1,164,893 | <0.1% |
Recent nonferrous metal (except aluminum) smelting and refining contract awards
The latest nonferrous metal (except aluminum) smelting and refining contracts, newest first. Each award ID links to its record on USAspending.gov.
| Start date | Recipient | Agency and description | Amount | Record |
|---|---|---|---|---|
| Sep 24, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD BULLION | $3,239,458 | 2031JG26F51619 |
| Sep 24, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD BULLION | $3,238,431 | 2031JG26F51618 |
| Sep 24, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,492,153 | 2031JG26F51617 |
| Sep 24, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,491,283 | 2031JG26F51616 |
| Sep 24, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,490,414 | 2031JG26F51615 |
| Sep 24, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,489,544 | 2031JG26F51614 |
| Sep 24, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,488,675 | 2031JG26F51613 |
| Sep 23, 2026 | Manfra, Tordella & Brookes, LLC | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,361,692 | 2031JG26F73000 |
| Sep 22, 2026 | Stonex Financial LTD | Department of the TreasurySILVER RAW MATERIAL MINT MAC SILVER BULLION | $34,350,462 | 2031JG26F56092 |
| Sep 16, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,456,246 | 2031JG26F51612 |
| Sep 16, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,362,886 | 2031JG26F51611 |
| Sep 16, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,239,794 | 2031JG26F51610 |
| Sep 16, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,375,542 | 2031JG26F51609 |
| Sep 14, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD BULLION | $3,719,677 | 2031JG26F51608 |
| Sep 14, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD BULLION | $5,629,411 | 2031JG26F51607 |
| Sep 3, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $3,838,180 | 2031JG26F51606 |
| Sep 3, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,775,414 | 2031JG26F51605 |
| Sep 3, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,798,962 | 2031JG26F51604 |
| Sep 3, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,804,763 | 2031JG26F51603 |
| Sep 3, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $5,803,894 | 2031JG26F51602 |
| Sep 3, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD BULLION | $5,802,268 | 2031JG26F51601 |
| Sep 3, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD BULLION | $5,854,232 | 2031JG26F51600 |
| Sep 1, 2026 | Stonex Financial LTD | Department of the TreasurySILVER RAW MATERIAL MINT MAC SILVER BULLION | $44,968,992 | 2031JG26F56090 |
| Aug 28, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $3,478,447 | 2031JG26F51599 |
| Aug 28, 2026 | Stonex Financial LTD | Department of the TreasuryRAW GOLD BULLION MINT MAC GOLD PROOF | $3,477,923 | 2031JG26F51598 |
Open nonferrous metal (except aluminum) smelting and refining government bids
No open nonferrous metal (except aluminum) smelting and refining bids right now. Check the open bids page, which is updated daily from SAM.gov.
How to win government nonferrous metal (except aluminum) smelting and refining contracts
Federal nonferrous metal (except aluminum) smelting and refining contracts are posted on SAM.gov under NAICS 331410. Register your business free on SAM.gov with this code, watch for nonferrous metal (except aluminum) smelting and refining bids, and look for small business set-asides: many nonferrous metal (except aluminum) smelting and refining contracts for small business are reserved for small firms.
Explore government nonferrous metal (except aluminum) smelting and refining contracts by state, agency and contractor
- Department of the Treasury contracts
- Department of Defense contracts
- National Aeronautics and Space Administration contracts
- Government contracts in California
- Government contracts in Illinois
- Government contracts in Massachusetts
- Government contracts in Pennsylvania
- Government contracts in New York
- Stonex Financial government contracts
- A-Mark Precious Metals government contracts
Frequently asked questions
- What NAICS code is used for government nonferrous metal (except aluminum) smelting and refining contracts?
- Federal nonferrous metal (except aluminum) smelting and refining contracts use NAICS 331410 (Nonferrous Metal (except Aluminum) Smelting and Refining). List this code in your free SAM.gov registration to be found for these contracts.
- Who are the largest nonferrous metal (except aluminum) smelting and refining government contractors?
- By contract dollars under NAICS 331410 from FY2024 to FY2026, the largest were Stonex Financial LTD ($3.3B), The Toronto-Dominion Bank ($246M) and A-Mark Precious Metals, Inc. ($190M).
- Which agencies buy the most nonferrous metal (except aluminum) smelting and refining?
- From FY2024 to FY2026, the biggest buyers were the Department of the Treasury ($4.1B), the Department of Defense ($62.4M) and the National Aeronautics and Space Administration ($232K).
- Where are government nonferrous metal (except aluminum) smelting and refining contracts performed?
- By contract dollars, the most federal nonferrous metal (except aluminum) smelting and refining work is performed in California ($191M), Illinois ($136M) and Massachusetts ($113M).
- Is federal spending on nonferrous metal (except aluminum) smelting and refining contracts growing?
- Federal nonferrous metal (except aluminum) smelting and refining contract obligations rose 40% from FY2024 ($1.1B) to FY2026 ($1.5B). FY2026 closed recently, and Defense Department contracts are reported up to 90 days late, so its total may still rise.
- Do I qualify as a small business for nonferrous metal (except aluminum) smelting and refining contracts?
- It depends on the SBA size standard for NAICS 331410, which is set either by average annual revenue or by number of employees. Check the current table of size standards on sba.gov before you bid on small business set-asides.
- What do I need to bid on government nonferrous metal (except aluminum) smelting and refining contracts?
- An active SAM.gov registration (free) with NAICS 331410 listed, the licenses and insurance your state requires for nonferrous metal (except aluminum) smelting and refining work, and examples of similar past work. Some solicitations also ask for specific certifications or security clearances.