Metal Ore Mining Industry - Market Size, Trends, and Growth - 2025-2030
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: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Metal Ore Mining industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| Historical | Forecasted |
|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|
| Market Size (Total Revenue) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
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.
Metal Ore Mining Revenue by State
Distribution by Company Size
| Company Size | All Industries | Metal Ore Mining |
|---|
| Small Business (< 5 Employees) | Included |
| 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 are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| 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 |
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
| Financial Ratio | Industry Average |
|---|
| Profitability Ratios | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Salary information for employees working in the Metal Ore Mining industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 3% | Included |
| 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) |
|---|
Included |
