Dig deep: A decreasing world price of copper and nickel will hinder industry growth

The Copper, Nickel, Lead and Zinc Mining industry in Canada is heavily reliant on the market prices of the metals it produces. Canada is a top-three producer of nickel worldwide and a top-10 producer of copper. As these are the industry's two most valuable metals, their prices have a heavy influence on the industry's performance. Though the industry supplies important metals for infrastructure construction and other vital markets and services, the recyclability of copper ensures that there is a strong secondary market for the industry's products...read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Threats & Opportunities

  • The recyclability of copper, most notably, ensures that there is a strong secondary market for the industry’s products
  • Market prices of industry metals have a major influence on profit
  • As the global economy improves, demand from construction and manufacturing industries will increase
  • Industry Report - Industry Analysis Chapter

    The Copper, Nickel, Lead and Zinc Mining industry in Canada has experienced volatile conditions over the five years to 2018. Industry performance is predominantly guided by copper and nickel output and prices and, to a lesser extent, zinc and lead output and prices. The prices of all of the industry’s underlying metals have fluctuated wildly, mostly in response to shifting global supply levels and demand conditions. In particular, demand from emerging markets has a huge effect on the prices of these metals and by extension industry revenue. For example, China is responsible for about half of the global nickel and copper consumption, and nickel is by far the industry’s most highly priced commodity. Cop...purchase to read more.

    Additional Insights for the Copper, Nickel, Lead & Zinc Mining Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Copper, Nickel, Lead & Zinc Mining Industry are

  • Ability to accommodate environmental requirements
  • Availability of resource
  • Ability to find new resource deposits
  • IBISWorld analysts also discuss how external factors such as World price of copper and World price of nickel in the Copper, Nickel, Lead & Zinc Mining industry impact industry performance..

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    What's in this report

    What is the Copper, Nickel, Lead & Zinc Mining Industry?

    Operators within this industry primarily mine ores valued for their copper, nickel, lead or zinc content. Companies may also covert mined ore into concentrates for further downstream processing.

    Industry Products
  • Copper ore
  • Zinc ore
  • Nickel ore
  • Lead ore
  • Industry Activities
  • Copper ore mining and beneficiating
  • Nickel ore mining and beneficiating
  • Lead ore mining and beneficiating
  • Zinc ore mining and beneficiating
  • Recovering copper concentrates
  • Exploring for and developing mine sites
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • World price of copper
  • World price of nickel
  • World price of zinc
  • Canadian effective exchange rate index
  • World price of lead

  • Current Performance
  • Losing lustre
  • Industry structure
  • International trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Supply and demand
  • Favourable technology trends
  • Global marketplace
  • Industry infrastructure
  • Table: Copper, Nickel, Lead & Zinc Mining Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Copper, Nickel, Lead & Zinc Mining Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Iron & Steel Manufacturing in Canada
  • Nonferrous Metal Rolling & Alloying in Canada
  • Battery Manufacturing in Canada
  • Wire & Cable Manufacturing in Canada

  • Key Selling Industries
  • Chemical Wholesaling in Canada
  • Gasoline & Petroleum Wholesaling in Canada
  • Inorganic Chemical Manufacturing in Canada
  • Mining, Oil & Gas Machinery Manufacturing in Canada

  • Products & Services
  • Copper ore
  • Nickel ore
  • Zinc ore
  • Lead ore
  • Chart: Copper, Nickel, Lead & Zinc Mining Industry Products and Services Segmentation

  • Demand Determinants
  • Copper
  • Zinc
  • Nickel
  • Lead

  • Major Markets
  • Exports
  • Metal manufacturers
  • All other including automobile equipment manufacturers
  • Construction
  • Electronic product manufacturers
  • Chart: Major Market Segmentation for the Copper, Nickel, Lead & Zinc Mining Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesDepreciationWagesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Copper, Nickel, Lead & Zinc Mining

  • Basis of Competition
  • Internal Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Copper, Nickel, Lead & Zinc Mining Industry

  • Industry Globalization
    Teck Resources Ltd., Glencore PLC, Vale Canada Limited,
  • Table: Teck Resources Ltd. - financial performance
  • Table: Glencore PLC - financial performance
  • Table: Vale Canada Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Copper, Nickel, Lead & Zinc 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 Copper, Nickel, Lead & Zinc Mining Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • World price of copper (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • The electrode where electrons enter, or current leaves, an operating system, such as a battery, an electrolytic cell, an X-ray tube, or a vacuum tube.
  • Concentrate
  • A very fine, powder-like product containing the valuable ore mineral from which some of the waste mineral has been eliminated.
  • Electrowinning
  • An electrochemical process in which a metal dissolved within an electrolyte is plated onto an electrode. Used to recover metals such as copper from solution in the leaching of ores, concentrates, etc.
  • Ore
  • A rock that contains minerals with elements, including metals.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Copper, Nickel, Lead & Zinc Mining market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Copper, Nickel, Lead & Zinc 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 Copper, Nickel, Lead & Zinc 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 Copper, Nickel, Lead & Zinc Mining, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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