Top Treasury nonferrous metal (except aluminum) smelting and refining contractors
In the 12 months ending Oct 5, 2026, the Department of the Treasury obligated $1.5B in net prime contract dollars under NAICS 331410, up 3.0% from $1.4B in the preceding 12 months. 6 prime contractors received positive obligations, and 1 of them accounted for 80% of that spend.
Prime contracts funded by the Department of the Treasury. Latest 12 months: Oct 6, 2025 to Oct 5, 2026. Source: USAspending.gov.
Obligations by fiscal year
Net prime contract obligations by federal fiscal year (October to September).
Top Treasury contractors for NAICS 331410
Ranked by positive obligations in the latest 12 months. Share is of all positive obligations in this market.
| # | Contractor | Latest 12 mo | Prior 12 mo | Share | Rank change |
|---|---|---|---|---|---|
| 1 | Stonex Financial Ltd | $1.3B | $1.3B | 86.6% | — |
| 2 | Coins 'N Things, Inc. | $80.5M | $0 | 5.4% | New |
| 3 | The Toronto-Dominion Bank | $40.6M | $63.6M | 2.7% | ▼ 1 |
| 4 | A-Mark Precious Metals, Inc. | $39.7M | $55.0M | 2.7% | ▼ 1 |
| 5 | J. Aron & Company LLC | $34.5M | $0 | 2.3% | New |
| 6 | Manfra, Tordella & Brookes, LLC | $5.4M | $0 | 0.4% | New |
What changed in the last 12 months
Contractors with the largest change in reported obligations versus the preceding 12 months.
Largest gains
- Coins 'N Things, Inc.$0 → $80.5M (+$80.5M) · now #2
- J. Aron & Company LLC$0 → $34.5M (+$34.5M) · now #5
- Manfra, Tordella & Brookes, LLC$0 → $5.4M (+$5.4M) · now #6
Largest declines
- Stonex Financial Ltd$1.3B → $1.3B (−$38.8M) · now #1
- The Toronto-Dominion Bank$63.6M → $40.6M (−$23.0M) · now #3
- A-Mark Precious Metals, Inc.$55.0M → $39.7M (−$15.4M) · now #4
New to this market
2 contractors received their first obligations in this market (since FY2022) during the latest 12 months. The largest:
| Contractor | First obligation | Latest 12 mo |
|---|---|---|
| J. Aron & Company LLC | Jul 21, 2026 | $34.5M |
| Manfra, Tordella & Brookes, LLC | Sep 23, 2026 | $5.4M |
Where the money comes from
Funding sub-agencies within the Department of the Treasury, latest 12 months. The funding organization can differ from the office that runs the requirement.
| Funding sub-agency | Latest 12 mo | Prior 12 mo | Change |
|---|---|---|---|
| United States Mint | $1.5B | $1.4B | Up $43.2M (3.0%) |
Common questions
Who are the top Treasury contractors for NAICS 331410?
In the latest 12 months, Stonex Financial Ltd ($1.3B), Coins 'N Things, Inc. ($80.5M), The Toronto-Dominion Bank ($40.6M) received the most Treasury obligations for nonferrous metal (except aluminum) smelting and refining.
How concentrated is this market?
The eight largest primes held 100.0% of positive obligations, and Stonex Financial Ltd alone held 86.6%. 2 contractors won their first obligations in this market during the latest 12 months.
Related markets
NAICS 331410 across all agencies
DoD · NAICS 331410
$41.3MFigures are net obligations on prime contracts (award types A–D) from USAspending.gov, grouped by funding agency and the NAICS code on each award. Net obligations include deobligations and corrections, so they can differ from positive-obligation totals. See methodology.

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