2025 Copper & Nonferrous Metal Smelting & Refining Industry Report

Industry Overview

This industry comprises establishments primarily engaged in (1) smelting ores into nonferrous metals and/or (2) the primary refining of nonferrous metals (except aluminum) by electrolytic methods or other processes.
Source: U.S. Census Bureau

Market Size and Industry Forecast

The Copper and Nonferrous Metal Smelting and Refining 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 Copper & Nonferrous Metal Smelting & Refining 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 Copper & Nonferrous Metal Smelting & Refining companies in the United States.

Distribution by Company Size

Company Size	All Industries	Copper & Nonferrous Metal Smelting & Refining
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Copper & Nonferrous Metal Smelting & Refining 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

Copper & Nonferrous Metal Smelting & Refining Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Primary smelting and refining of copper
Refined primary Cu/Cu-base alloy/primary Cu smelter products
Primary nonferrous metal, except Cu and Al
Primary smelting and refining of zinc
Refined primary unalloyed zinc slab/zinc-base alloy
Refined primary unalloyed zinc, incl. all ASTM spec. zinc
Refined primary zinc-base alloys
Primary smelting and refining of zinc, nsk
Primary precious metals and precious metal alloys
Primary gold and gold alloys

Copper & Nonferrous Metal Smelting & Refining Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	6%
Chief Executives	0%
General and Operations Managers	2%
Architecture and Engineering Occupations	5%
Office and Administrative Support Occupations	8%
Installation, Maintenance, and Repair Occupations	9%
Other Installation, Maintenance, and Repair Occupations	8%
Production Occupations	56%
Metal Workers and Plastic Workers	37%
Forming Machine Setters, Operators, and Tenders, Metal and Plastic	12%
Extruding and Drawing Machine Setters, Operators, and Tenders, Metal and Plastic	10%
Metal Furnace Operators, Tenders, Pourers, and Casters	8%
Metal-Refining Furnace Operators and Tenders	6%
Other Production Occupations	12%
Miscellaneous Production Workers	5%
Transportation and Material Moving Occupations	6%

Government Contracts

The federal government spent an annual total of $323,936,661 on the copper & nonferrous metal smelting & refining industry. It has awarded 54 contracts to 14 companies, with an average value of $23,138,333 per company.

Top Companies in Copper & Nonferrous Metal Smelting & Refining and Adjacent Industries

Company	Address	Revenue ($ Millions)