Country report

Global zinc and lead mine cost summary

This report is currently unavailable

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

The global average C1 composite cost for zinc mines was 55.4c/lb Zn in 2017. This was a small increase compared with the 2016 C1 cost at 54.6c/lb, due to the lower TC's in 2017 as well as higher by-product credits which offset an increase in cost to concentrate costs. The breakeven for 2017 C1 cost curve is at the 99.6th percentile at our forecast annual zinc price of 134c/lb (US$2952$/t). The breakeven for the total cash cost plus sustaining (TCPS) curve is at the 99th percentile.

What's included

This report contains

  • Document

    Global zinc and lead mine cost summary

    PDF 2.20 MB

Table of contents

    • Zinc and lead mine cost summary
    • Cost Dollars
      • Variance analysis of zinc mine C1 cost components, 2016 versus 2017
      • Zinc mine composite C1 cost trends
      • Lead mine composite C1 cost trends
      • Realisation costs
      • By-product credits
      • Regional minesite costs by process
      • Minesite costs by element
    • Margins and revenues expected to rise at high forecast zinc prices
    • Zinc mine breakeven percentiles and cost price relationship
    • Cash flow for zinc producing mines
    • LME zinc price and expansion capital investment
    • Required new mine capability
    • 2022 C1 cash cost curve – highlighting all projects and labelling the largest 15 by paid zinc production
    • Zinc and lead mine production by country
      • Zinc mine production
      • Lead mine production
      • Production trends
      • Ore milled
      • Country Comparison
      • Concentrate grades
      • Recovery to zinc and lead concentrate

Tables and charts

This report includes 40 images and tables including:


  • Zinc industry revenues, cost and margins and capital expenditure relationship to zinc price
  • Global zinc C1 cash cost curve 2016 and variance analysis of C1 cost components
  • Top ten zinc mines in 2017 and position on the cost curve
  • Top ten zinc mine producers in 2017 and position on the company cost curve
  • Margins: Image 1
  • Margins: Image 2
  • Margins: Image 3
  • Margins: Image 4
  • Projects: Image 1
  • Projects: Image 2
  • Global zinc mine production 2017 (kt)
  • Global lead mine production 2017 (kt)
  • Chinese reserves operating mines (costed mines only) 2003 – 2015
  • Average reserve mine life – operating mines (World excluding China)
  • Contained zinc in reserves by deposit type, 2015
  • Contained lead in reserves by deposit type 2015
  • Costs: Image 1
  • Costs: Image 2
  • Costs: Image 3
  • Costs: Image 4
  • Costs: Image 5
  • Top ten zinc producing mines 2013 - 2018
  • Top ten lead producing mines 2013 - 2018
  • Ore milled and zinc head grade by mining method
  • Zinc head grades 2000-2025 Lead head grades 2000-2025
  • Ore milled and zinc head grade by country
  • Geology Type
  • Paid zinc by geology type
  • Paid lead by geology type
  • Zinc concentrate grades 2000-2025 Lead concentrate grades 2000-2025
  • Zinc recovery by mine type Lead recovery by mine type
  • Zinc recovery to zinc concentrate Lead recovery to lead concentrate
  • Geology: Image 1


  • Global Zinc and Lead Mine Production (Mt Zn and Pb in Concentrate)
  • Zinc and Lead Mine Production in the Cost Service (Mt Zn and Pb in Concentrate)
  • Zinc mines: average profit margins
  • Top fifteen zinc mines by contained reserve, 2015
  • Top fifteen lead mines by reserve, 2015
  • Lead reserves: Top ten companies by contained lead in reserve, 2015
  • Geology: Table 2

You may be interested in

Country report

Global steel cost summary


Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898