2025 Metal Ore Mining Industry Report

Industry Overview

This industry group comprises establishments primarily engaged in developing mine sites or mining metallic minerals, and establishments primarily engaged in ore dressing and beneficiating (i.e., preparing) operations, such as crushing, grinding, washing, drying, sintering, concentrating, calcining, and leaching. Beneficiating may be performed at mills operated in conjunction with the mines served or at mills, such as custom mills, operated separately.
Source: US Census Bureau

Market Size and Industry Forecast

The Metal Ore Mining industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Metal Ore Mining industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Metal Ore Mining companies in the United States.

Distribution by Company Size

Company Size	All Industries	Metal Ore Mining
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Metal Ore Mining Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Metal Ore Mining Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%
General and Operations Managers	1%
Architecture and Engineering Occupations	6%
Construction and Extraction Occupations	32%
Construction Trades Workers	7%
Extraction Workers	22%
Mining Machine Operators	17%
Continuous Mining Machine Operators	10%
Installation, Maintenance, and Repair Occupations	22%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers	7%
Heavy Vehicle and Mobile Equipment Service Technicians and Mechanics	6%
Mobile Heavy Equipment Mechanics, Except Engines	6%
Other Installation, Maintenance, and Repair Occupations	13%
Industrial Machinery Installation, Repair, and Maintenance Workers	8%
Industrial Machinery Mechanics	6%
Production Occupations	14%
Other Production Occupations	7%
Transportation and Material Moving Occupations	12%
Motor Vehicle Operators	7%
Driver/Sales Workers and Truck Drivers	7%
Heavy and Tractor-Trailer Truck Drivers	7%

Government Contracts

The federal government spent an annual total of $19,224 on the metal ore mining industry. It has awarded 2 contracts to 2 companies, with an average value of $9,612 per company.

Top Companies in Metal Ore Mining and Adjacent Industries

Company	Address	Revenue ($ Millions)