$6.0bn
$XXX.Xm
3,734
14
$XXX.Xm
Revenue for the Silver, Lead and Zinc Ore Mining industry has recently been highly volatile. This has been due to fluctuations in prices of lead, silver and zinc, driven by economic events like the COVID-19 pandemic and the Russia-Ukraine crisis. Revenue is expected to increase at an annualised 2.8% over the five years through 2023-24, to $6.0 billion. This trend includes an expected 6.8% plunge in 2023-24, reflecting the normalisation of zinc, silver and lead prices.
Industry revenue has grown at a CAGR of 2.8 % over the past five years, to reach an estimated $6.0bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
South32 | 855.0 | |
Glencore | 637.2 | |
MMG | 583.9 |
To view the market share and analysis for all 7 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Zinc ore and concentrate, Lead ore and concentrate and Silver ore and concentrate. Zinc ore and concentrate is the largest segment of the Silver, Lead and Zinc Ore Mining in Australia.
Various industry-specific and macroeconomic challenges diminish zinc's share of revenue
Industry firms mainly mine silver, lead or zinc ores. Firms also carry out beneficiation, which involves processing ores into ore concentrate.
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ANZSIC 0807 - Silver, Lead and Zinc Ore Mining in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Significant economic events have spurred commodity price surges, benefiting Australian silver, lead and zinc ore miners. These pricing increases stem from COVID-19 pandemic-r...
Learn about an industry's products and services, markets and trends in international trade.
Demand from foreign downstream markets like foreign smelting and refining companies have declined. This is largely driven by the appreciation of Aussie dollar in recent years...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Queensland serves as a significant hub for the mining of silver, lead, and zinc ores in Australia. With vast deposits and well-developed infrastructure like the Port of Karum...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
High barriers to entry in the industry boost market share concentration. High initial capital investments and ongoing operating costs limit the entry of new companies, thus c...
Learn about the performance of the top companies in the industry.
Weather-related disruptions have severely impacted Australian silver, lead and zinc ore miners. Heavy rainfalls and floods have led to the temporary suspension of several min...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Environmental Protection and Biodiversity Conservation Act (1999) and Water Management Act (2000) are key regulations governing mining in Australia. These aim to ensure t...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Favourable currency rates and improved efficiency have lowered purchase costs. The appreciation of the Australian dollar has reduced import costs and procurement expenses, an...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Silver, Lead and Zinc Ore Mining industry in Australia is $6.0bn in 2024.
There are 14 businesses in the Silver, Lead and Zinc Ore Mining industry in Australia, which has declined at a CAGR of 7.8 % between 2018 and 2023.
The market size of the Silver, Lead and Zinc Ore Mining industry in Australia has been growing at a CAGR of 2.8 % between 2018 and 2023.
Over the next five years, the Silver, Lead and Zinc Ore Mining industry in Australia is expected to grow.
The biggest companies operating in the Silver, Lead and Zinc Ore Mining market in Australia are South32, Glencore and MMG
Zinc ore and concentrate and Lead ore and concentrate are part of the Silver, Lead and Zinc Ore Mining industry.
The company holding the most market share in Australia is South32.
The level of competition is low and steady in the Silver, Lead and Zinc Ore Mining industry in Australia.