All that glitters is not gold: Higher zinc and lead prices have reinforced revenue

Revenue for the Silver, Lead and Zinc Ore Mining industry has grown at a moderate rate over the past five years, due to lower production volumes offsetting higher prices for zinc and lead. Industry revenue is expected to increase at an annualised 2.3% over the five years through 2018-19, to $5.0 billion. This includes expected growth of 14.4% in the current year, reflecting higher zinc and lead prices due to greater global and domestic demand. Much of the industry's zinc output is exported as a concentrate, while a substantial proportion of lead output is refined locally.Over the past five years, the industry's largest product segment, zinc ore and concentrate, has increased as a share of industry revenue due to strong pricing growth and despite falling output...read more.

Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 14-19
2.3%
Forecast Growth 19-24
Profit
Employment
4,110
Businesses
29

Industry Threats & Opportunities

  • Higher zinc prices have offset declines in production volumes over the past five years
  • South Korea and China have remained the major destinations for exported ore and concentrate
  • Demand for zinc from China and South Korea is anticipated to continue rising
  • Industry Report - Industry Locations Chapter

    Silver, lead and zinc production is heavily concentrated in Queensland, followed by Western Australia, New South Wales and Tasmania. The industry's geographic spread reflects the location of metal ore resources. Typically, lower cost resources are developed first. Queensland has grown in industry importance, reflecting continued mine expansions there and the closure of some operations in Western Australia and other parts of Australia over the past five years. Queensland is projected to account for 39.2% of industry enterprises and 58.5% of revenue in the current year.Major mines in Queensland include Glencore's Mount Isa operations and South32's Cannington mine, both of which produce lead, silver and zinc in varying proportions. Sev...purchase to read more.

    Additional Insights for the Silver, Lead and Zinc Ore Mining Industry

    IBISWorld has determined the most important Key Success Factors for the Silver, Lead and Zinc Ore Mining are:

  • Availability of resource
  • Having contacts within key markets
  • Output is sold under contract - incorporate long-term sales contracts
  • IBISWorld analysts also discuss how external factors such as Demand from copper, silver, lead and zinc smelting and refining and World price of zinc in the Silver, Lead and Zinc Ore Mining industry impact industry performance..

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    What's in this report

    What is the Silver, Lead and Zinc Ore Mining Industry?

    Industry firms mainly mine silver, lead or zinc ores. Firms also carry out beneficiation, which involves processing ores into ore concentrate.

    Industry Products
  • Zinc ore and concentrate
  • Lead ore and concentrate
  • Silver ore and concentrate
  • Industry Activities
  • Lead ore mining
  • Silver ore mining
  • Zinc ore mining
  • Silver, lead and zinc ore beneficiation processes
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from copper, silver, lead and zinc smelting and refining
  • World price of zinc
  • US dollars per Australian dollar
  • Demand from metal and mineral wholesaling
  • World price of lead
  • World price of silver

  • Current Performance
  • Volatile industry
  • Employment and production
  • International trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry expansion
  • Demand drivers
  • Local production
  • Export growth
  • Table: Silver, Lead and Zinc Ore Mining Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Silver, Lead and Zinc Ore Mining Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Copper, Silver, Lead and Zinc Smelting and Refining

  • Key Selling Industries
  • Contract Mining Services
  • Mineral Exploration
  • Mining and Industrial Machinery Wholesaling
  • Petroleum Product Wholesaling

  • Products & Services
  • Zinc ore and concentrate
  • Silver ore and concentrate
  • Lead ore and concentrate
  • Chart: Silver, Lead and Zinc Ore Mining Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Domestic smelting and refining firms
  • South Korea
  • China
  • Other export markets
  • Japan
  • Chart: Major Market Segmentation for the Silver, Lead and Zinc Ore Mining Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Silver, Lead and Zinc Ore Mining

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Silver, Lead and Zinc Ore Mining Industry

  • Industry Globalization
    Glencore Holdings Pty Limited, MMG Limited, South32 Limited, Perilya Limited, CBH Resources Limited,
  • Table: Glencore Holdings Pty Limited - financial performance
  • Table: MMG Limited - financial performance
  • Table: South32 Limited - financial performance
  • Table: Perilya Limited - financial performance
  • Table: CBH Resources Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Silver, Lead and Zinc Ore Mining Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Silver, Lead and Zinc Ore Mining Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Zinc Ore and Concentrate (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Beneficiation
  • A basic process that improves the ore content prior to additional refining and smelting processes.
  • Concentrate
  • An extremely fine, powder-like product containing the valuable ore mineral from which some of the waste mineral has been eliminated.
  • Underground Mining
  • Ore extraction via a series of tunnels. Crushing facilities may also be located underground.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Silver, Lead and Zinc Ore Mining market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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    This report on Silver, Lead and Zinc Ore Mining:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Silver, Lead and Zinc Ore Mining market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Silver, Lead and Zinc Ore Mining, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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