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Production, refining and reserves

CommodityMetricValueWorld rank · shareSource
Rare earthsReserves 2025830,000 t REO#10 · 1%USGS MCS 2026
CobaltMine production 20253,500 t Co content#7 · 1%USGS MCS 2026
CobaltRefinery production 20256,399 t Co content—IEA Global Critical Minerals Outlook 2026 (Critical Minerals Dataset, July 2026)
CobaltReserves 2025220,000 t Co content#7 · 2%USGS MCS 2026
LithiumMine production 20255,600 t Li content#8 · 2%USGS MCS 2026
LithiumReserves 20251.6 million t Li content#6 · 4%USGS MCS 2026
CopperMine production 2025500,000 t Cu content#12 · 2%USGS MCS 2026
CopperRefinery production 2025320,000 t Cu content#16 · 1%USGS MCS 2026
CopperReserves 20257 million t Cu content#13 · 0.7%USGS MCS 2026
NickelMine production 2025140,000 t Ni content#4 · 4%USGS MCS 2026
NickelRefinery production 2025124,900 t Ni content—IEA Global Critical Minerals Outlook 2026 (Critical Minerals Dataset, July 2026)
NickelReserves 20252.2 million t Ni content#8 · 2%USGS MCS 2026
Graphite (natural)Mine production 20258,000 t natural graphite#8 · 0.4%USGS MCS 2026
Graphite (natural)Reserves 20255.9 million t natural graphite#10 · 2%USGS MCS 2026
AntimonyMine production 20232 t Sb content—USGS MCS 2024
AntimonyReserves 202578,000 t Sb content#8 · 4%USGS MCS 2026
FluorsparMine production 202218,000 t fluorspar—USGS MCS 2023
MagnesiteMine production 2025230,000 t gross weight magnesite#9 · 1%USGS MCS 2026
PlatinumMine production 20255,000 kg Pt content#4 · 3%USGS MCS 2026
PalladiumMine production 202516,000 kg Pd content#3 · 8%USGS MCS 2026
TungstenMine production 20151,680 t W content#4 · 2%USGS MCS 2017
TungstenReserves 2016290,000 t W content#2 · 9%USGS MCS 2017
ZincMine production 2023120,000 t Zn content#16 · 1%USGS Minerals Yearbook 2023 (zinc, tables-only release), table 16
ZincReserves 20221.8 million t Zn content#10 · 0.9%USGS MCS 2023
AluminaRefinery production 20251.5 million t alumina (calcined equivalent weight)#9 · 1%USGS MCS 2026
AluminiumRefinery production 20253.3 million t primary aluminium (smelter production)#4 · 4%USGS MCS 2026
Titanium (ilmenite)Mine production 2025360,000 t TiO2 content#7 · 4%USGS MCS 2026
Titanium (ilmenite)Reserves 202550 million t TiO2 content#3 · 10%USGS MCS 2026
NiobiumMine production 20256,000 t Nb content#2 · 5%USGS MCS 2026
NiobiumReserves 2025640,000 t Nb content#3 · 3%USGS MCS 2026
TantalumMine production 20135 t Ta content#9 · 0.4%USGS MCS 2015
TantalumReserves 20124,000 t Ta content#3 · 3%USGS MCS 2013
Phosphate rockMine production 2013400,000 t marketable phosphate rock (gross weight)#22 · 0.2%USGS MCS 2015
Phosphate rockReserves 201476 million t marketable phosphate rock (gross weight)#18 · 0.1%USGS MCS 2015
SiliconRefinery production 202523,000 t Si content (ferrosilicon)#12 · 0.5%USGS MCS 2026
MolybdenumMine production 20252,200 t Mo content#10 · 0.8%USGS MCS 2026
MolybdenumReserves 202564,000 t Mo content#10 · 0.4%USGS MCS 2026
LeadMine production 20144,000 t Pb content—USGS MCS 2015
LeadReserves 2014247,000 t Pb content#13 · 0.3%USGS MCS 2015
ThoriumReserves 2013100,000 t ThO2#4 · 7%USGS MCS 2014
UraniumMine production 202310,986 t U content#2 · 20%NEA/IAEA Red Book 2024 (Uranium 2024), Table 1.18
UraniumResources 2023852,200 t U content#3 · 11%NEA/IAEA Red Book 2024 (Uranium 2024), Table 1.2a, <USD 260/kgU
CesiumReserves 2019120,000 t Cs2O#1 · 55%USGS MCS 2020
RubidiumReserves 201912,000 t Rb2O#3 · 12%USGS MCS 2020
BismuthRefinery production 202250 t Bi (refined metal)—USGS MCS 2023
BismuthReserves 20165,000 t Bi content#5 · 1%USGS MCS 2017
IndiumRefinery production 202540 t In (refined)#4 · 4%USGS MCS 2026
IndiumReserves 2007150 t In content#4 · 1%USGS MCS 2008
TelluriumRefinery production 202528 t Te content (refined)#4 · 3%USGS MCS 2026
TelluriumReserves 2024900 t Te content#4 · 3%USGS MCS 2025
RheniumMine production 20111,200 kg Re content—USGS MCS 2012
RheniumReserves 202032,000 kg Re content#7 · 1%USGS MCS 2021
SeleniumRefinery production 2025130 t Se content (refined)#5 · 3%USGS MCS 2026
SeleniumReserves 20246,500 t Se content#4 · 7%USGS MCS 2025
Platinum-group metalsReserves 2025310,000 kg PGM content#5 · 0.4%USGS MCS 2026
Magnesium metalRefinery production 200716,000 t primary magnesium metal (smelter production)#6 · 2%USGS MCS 2009
Iron oreMine production 202569 million t usable iron ore#7 · 3%USGS MCS 2026
Iron oreReserves 20256,000 million t crude ore#7 · 3%USGS MCS 2026
HeliumMine production 20256 million m3 helium#5 · 3%USGS MCS 2026
HeliumResources 20082,000 million m3 helium#5 · 4%USGS MCS 2009
CadmiumRefinery production 20251,300 t Cd metal#3 · 6%USGS MCS 2026
CadmiumReserves 201323,000 t Cd content#8 · 5%USGS MCS 2014
SilverMine production 2025400 t Ag content#13 · 2%USGS MCS 2026
SilverReserves 20254,900 t Ag content#12 · 0.8%USGS MCS 2026
PotashMine production 202515 million t K2O equivalent#1 · 31%USGS MCS 2026
PotashReserves 20251,100 million t K2O equivalent#2 · 19%USGS MCS 2026
SulfurRefinery production 20255 million t S content#6 · 6%USGS MCS 2026
LimeRefinery production 20251.6 million t lime#15 · 0.4%USGS MCS 2026
GoldMine production 2025200 t Au content#4 · 6%USGS MCS 2026
GoldReserves 20253,200 t Au content#5 · 5%USGS MCS 2026
Nitrogen (ammonia)Refinery production 20253.8 million t N content (ammonia)#9 · 2%USGS MCS 2026
AsbestosMine production 201150,000 t asbestos#5 · 2%USGS MCS 2013
GypsumMine production 20253.6 million t gypsum#16 · 2%USGS MCS 2026
GypsumReserves 2025450 million t gypsum—USGS MCS 2026
Mica (scrap and flake)Mine production 202514,000 t scrap and flake mica#6 · 4%USGS MCS 2026
PeatMine production 20252 million t peat#2 · 12%USGS MCS 2026
PeatReserves 2025720 million t peat#4 · 6%USGS MCS 2026
SaltMine production 202513 million t salt#5 · 5%USGS MCS 2026
Sand and gravel (industrial)Mine production 20253.8 million t industrial sand and gravel#17 · 0.9%USGS MCS 2026
Talc and pyrophylliteMine production 2025150,000 t talc and pyrophyllite#13 · 2%USGS MCS 2026
WollastoniteMine production 202530,000 t wollastonite#4 · 3%USGS MCS 2026

Policies and export measures

Policy tracker →
  • 2022-11-02 · trade measure

    Divestiture orders against three foreign investors in Canadian lithium companies

    On 2 November 2022, Canada ordered three foreign companies to divest their holdings in Canadian critical-minerals companies: Sinomine (Hong Kong) Rare Metals Resources from Power Metals Corp., Chengze Lithium International from Lithium Chile Inc., and Zangge Mining Investment (Chengdu) from Ultra Lithium Inc. The orders were made under the Investment Canada Act national-security review.

    Source: Innovation, Science and Economic Development Canada
  • 2022-10-28 · export control

    Investment Canada Act policy on state-owned enterprise investments in critical minerals

    Announced 28 October 2022. Foreign SOE acquisitions of control in Canadian critical-minerals businesses will be approved only on an exceptional basis. SOE participation in any critical-minerals investment, of any size, supports a finding of possible national-security injury. Classed as export_control as the closest type for an investment restriction.

    Source: Innovation, Science and Economic Development Canada
  • 2022-04-07 · incentive

    Critical Mineral Exploration Tax Credit (CMETC)

    A 30% tax credit for specified mineral exploration expenses in Canada that target listed critical minerals and are renounced under flow-through share agreements. These agreements must be made after Budget Day 2022 and on or before 31 March 2027. Eligible minerals include nickel, lithium, cobalt, graphite, copper, rare earths, vanadium, tellurium, gallium, scandium, titanium, magnesium, zinc, PGMs and uranium.

    Source: Department of Finance Canada
  • 2021-06-15 · agreement

    Canada–EU Strategic Partnership on Raw Materials

    A framework for integrating Canada–EU raw-material value chains, with cooperation on science, technology and innovation and on ESG standards. It includes 2021–2022 actions such as developing at least one critical raw material project. The Commission says it was adopted after 15 June 2021; the date used here is 15 June 2021.

    Source: European Commission, DG GROW

Trade in critical minerals

Exports 2024$28 bn

  1. Aluminium$9.5 bnto United States of America 88%, Mexico 2%, Netherlands 2% · 49 more
  2. Potash$6.5 bnto United States of America 46%, Brazil 16%, China 6% · 60 more
  3. Copper$5.8 bnto China 30%, United States of America 28%, Japan 14% · 45 more
  4. Nickel$3.2 bnto Norway 34%, United States of America 26%, Netherlands 7% · 42 more
  5. Zinc$1.3 bnto United States of America 88%, France 3%, Switzerland 3% · 26 more
  6. Niobium$338 mto United States of America 34%, Netherlands 27%, China 10% · 28 more
  7. Lead$269 mto United States of America 95%, India 4%, Japan 1% · 8 more
  8. Cobalt*$263 mto United States of America 21%, Norway 15%, China 14% · 47 more

and 37 more commodities

Imports 2024$10 bn

  1. Copper$3.1 bnfrom United States of America 52%, Sweden 26%, Chile 11% · 44 more
  2. Alumina$2.2 bnfrom Brazil 73%, Australia 23%, Jamaica 2% · 30 more
  3. Nickel$959 mfrom Zambia 27%, United States of America 25%, Finland 18% · 30 more
  4. Zinc$786 mfrom United States of America 55%, Australia 19%, Peru 14% · 16 more
  5. Aluminium$653 mfrom United States of America 74%, India 8%, Qatar 5% · 42 more
  6. Palladium$573 mfrom South Africa 50%, United States of America 41%, South Korea 4% · 6 more
  7. Lead$293 mfrom United States of America 99%, South Korea 1%, Kazakhstan 0% · 9 more
  8. Platinum-group metals$221 mfrom South Africa 58%, United States of America 26%, Belgium 11% · 6 more

and 39 more commodities

Trade values in current US dollars (ores, concentrates, intermediates, chemicals and refined metal), not prices. * Includes HS codes that also cover other products. Source: CEPII BACI (HS22), Etalab Open Licence 2.0 — details.

Fiscal regime for mining

InstrumentApplies toRateLegal basis
RoyaltyAll mineralsProvince: Québec. Minimum mining tax: 1% on mine-mouth output value up to the reduced-rate taxable amount (CAD 80 million for a non-associated operator, shared within an associated group, s. 30.2) and 4% above; payable only when greater than the profit-based tax, with a later credit against profit-based tax (s. 31.3)1-4 sliding scalemine-mouth output value of each mineMining Tax Act, CQLR c. I-0.4 (Québec), consolidated text updated to 27 May 2025 · ss. 5, 30.1-30.2in force 2014-01-01
RoyaltyAll mineralsProvince: British Columbia. 2% of net current proceeds from each mine every fiscal year (minimum tax, creditable against the 13% net-revenue tax)2%net current proceeds (gross revenue less current operating costs)Mineral Tax Act, RSBC 1996, c. 291 · s. 2(1)(b)in force 1996-01-01
Corporate income tax (mining)All mineralsFederal net rate for general corporations: 38% basic rate (s. 123(1)(a)) less 10% provincial abatement (s. 124(1)) less 13% general rate reduction (s. 123.4(2), full-rate taxable income, years after 2011). Provincial corporate tax and provincial mining taxes are additional15%taxable income earned in a provinceIncome Tax Act, R.S.C. 1985, c. 1 (5th Supp.) · ss. 123(1)(a), 123.4(1)-(2), 124(1)in force 2012-01-01
Windfall / resource-rent taxAll mineralsProvince: Québec. Progressive mining tax on annual profit by profit margin: 16% on the part of profit corresponding to a margin up to 35%, 22% on the margin slice 35-50%, 28% on the slice above 50% (marginal, s. 29.1). Duties payable = greater of this tax and the minimum mining tax (s. 5)16-28 sliding scaleannual profit of the operator (mining profit after allowances)Mining Tax Act, CQLR c. I-0.4 (Québec), consolidated text updated to 27 May 2025 · ss. 5, 29.1in force 2014-01-01
Windfall / resource-rent taxAll mineralsProvince: Ontario. Mining tax = (profit from non-remote mines - exempt amount) x tax rate C, where C phases down to 10% for days after 31 Dec 2003; plus 5% of profit from certified remote mines (after their exempt amount)10%operator's mining profit from all non-remote mines (after exempt amount)Mining Tax Act, R.S.O. 1990, c. M.15 · s. 3(1), 3(3.1)-(3.2)in force 2004-01-01
Windfall / resource-rent taxAll mineralsProvince: British Columbia. Mineral tax = 13% of net revenue to the extent it exceeds the cumulative tax credit account balance, imputed interest and the 2% tax, PLUS 2% of net current proceeds each year (the 2% is creditable against the later 13% tax)13%net revenue of the operator from the mine (after recovery of costs), less cumulative tax credit and imputed interestMineral Tax Act, RSBC 1996, c. 291 · s. 2(1)(a)in force 1996-01-01
OtherLithium, Cobalt, Nickel, Copper, Graphite (natural), Rare earths, Uranium, Vanadium, Zinc, Molybdenum, TelluriumFederal: Critical Mineral Exploration Tax Credit, a 30% investment tax credit for individuals on flow-through critical mineral mining expenditures renounced under agreements made after 7 Apr 2022 and on or before 31 Mar 2027 (general flow-through mining credit 15%). Canada levies no federal mining royalty; royalties/mining taxes are provincial30%flow-through critical mineral mining expenditures renounced to an individual investorIncome Tax Act (R.S.C. 1985, c. 1 (5th Supp.)), current to 2026-09-21 · s. 127(9) 'investment tax credit' (a.21) and 'flow-through critical mineral mining expenditure'in force 2022-04-07

Rates and terms as set in the cited law or regulation; agreements with individual projects can differ. Not legal or tax advice.

Deals and financing (39)

  1. 2026-08-21 · Offtake · signed

    Mangrove Lithium → Elevra Lithium · North American Lithium

    Elevra signed a binding long-term supply agreement with Mangrove Lithium for spodumene concentrate from North American Lithium to feed Mangrove's planned 20,000 tpa LCE converter in eastern Canada, with a price floor.

    official release

  2. 2026-05-19 · Project finance · announced

    Export Development Canada; KfW IPEX-Bank; another Canadian government financial institution → PMET Resources (formerly Patriot Battery Metals) · Shaakichiuwaanaan Lithium Project

    PMET received non-binding letters of support from EDC, KfW IPEX-Bank and another Canadian government lender for financing the Shaakichiuwaanaan lithium project in Québec.

    official release

  3. 2026-05-12 · Offtake · terminated

    Waratah Capital Advisors (managed vehicle) → Elevra Lithium · Moblan lithium project (Québec)

    Elevra bought back and terminated the Moblan spodumene offtake held by a Waratah Capital vehicle, mainly for Elevra shares, regaining 100% of its pro-rata offtake from the project it owns 60:40 with Investissement Québec.

    official release

  4. 2026-03-02 · Government grant · announced · CAD 36.5

    Natural Resources Canada → E3 Lithium Ltd. · Clearwater lithium project (Alberta)

    NRCan conditionally committed up to CAD 36.5 million to E3 Lithium's Clearwater brine lithium project near Olds, Alberta.

    official release

  5. 2026-03-02 · Government grant · announced · CAD 18.9

    Natural Resources Canada → Rio Tinto · Gallium extraction R&D, Saguenay-Lac-Saint-Jean

    NRCan conditionally committed CAD 18.9 million to Rio Tinto's gallium extraction research and development in Québec's Saguenay-Lac-Saint-Jean region.

    official release

  6. 2026-03-02 · Offtake · announced

    Panasonic Energy → Frontier Lithium · Thunder Bay lithium processing facility / PAK project

    Frontier Lithium and Panasonic Energy signed a memorandum of understanding toward future lithium offtake; NRCan also conditionally committed CAD 2.3 million to Frontier's Thunder Bay processing facility.

    official release

  7. 2025-12-23 · Joint venture · signed · CAD 6

    JOGMEC → Hudbay Minerals Inc.; Marubeni Corporation · Flin Flon area copper exploration (Manitoba)

    JOGMEC joined a joint exploration agreement with Hudbay Minerals and Marubeni near Flin Flon, Manitoba, earning an option on a 10% interest by funding CAD 6 million of exploration over about three years.

    official release

  8. 2025-10-31 · Offtake · announced

    Alkeemia → Northern Graphite · Lac des Îles graphite project (Québec)

    Italy's Alkeemia agreed offtake and toll-processing arrangements with Northern Graphite for natural graphite from its Lac des Îles project in Québec.

    official release

  9. 2025-10-31 · Offtake · announced

    Carester → Torngat Metals Ltd. · Strange Lake rare earths project

    Torngat Metals and France's Carester agreed offtake and technology collaboration for rare earths from the Strange Lake project in Québec.

    official release

  10. 2025-10-31 · Royalty · signed · CAD 25

    Canada Growth Fund → Rio Tinto (Rio Tinto Fer et Titane) · Scandium production plant, Sorel-Tracy

    Canada Growth Fund made an equity-like royalty investment of about CAD 25 million in Rio Tinto's Sorel-Tracy scandium plant, and the Government of Canada agreed an offtake arrangement, to expand it to commercial scale.

    official release

and 29 earlier deals

Mines and facilities (78)

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