Production, refining and reserves
| Commodity | Metric | Value | World rank · share | Source |
|---|---|---|---|---|
| Lithium | Mine production 2025 | 380 t Li content | #9 · 0.1% | USGS MCS 2026 |
| Lithium | Reserves 2025 | 60,000 t Li content | #10 · 0.2% | USGS MCS 2026 |
| Copper | Mine production 2022 | 32,000 t Cu content | #33 · 0.1% | USGS Minerals Yearbook 2022 (copper), table 20 |
| Tin | Mine production 2023 | 90 t Sn content | #21 · 0% | USGS Minerals Yearbook 2023 (tin, tables-only release), table 9 |
| Tin | Reserves 2011 | 70,000 t Sn content | #10 · 1% | USGS MCS 2012 |
| Tungsten | Mine production 2025 | 700 t W content | #11 · 0.8% | USGS MCS 2026 |
| Tungsten | Reserves 2025 | 3,400 t W content | #8 · 0.1% | USGS MCS 2026 |
| Zinc | Mine production 2023 | 180,000 t Zn content | #13 · 1% | USGS Minerals Yearbook 2023 (zinc, tables-only release), table 16 |
| Uranium | Resources 2023 | 5,300 t U content | #47 · 0.1% | NEA/IAEA Red Book 2024 (Uranium 2024), Table 1.2a, <USD 260/kgU |
| Feldspar | Mine production 2014 | 110,000 t feldspar | — | USGS MCS 2015 |
| Feldspar | Reserves 2014 | 11 million t feldspar | — | USGS MCS 2015 |
Policies and export measures
Policy tracker →2021-05-08 · trade measure
Decree-Law No. 30/2021 regulating mineral deposits under Law 54/2015 (new mining regime)
Regulates the award of rights to prospect for and exploit mineral deposits, which belong to the State's public domain. It allows competitive tenders for prospecting rights, strengthens public participation and environmental requirements, and shares mining royalties with municipalities. The preamble cites lithium as a key energy-transition material and provides for possibly requiring ore to be processed in Portugal. It repealed Decree-Law 88/90.
Source: Diário da República (Imprensa Nacional-Casa da Moeda)
Trade in critical minerals
Exports 2024$1.2 bn
- Copper$700 mto Spain 48%, Sweden 19%, China 17% · 29 more
- Zinc$199 mto Finland 42%, Norway 36%, Spain 15% · 10 more
- Aluminium$177 mto Spain 80%, China 4%, Austria 2% · 36 more
- Lead$55 mto Spain 77%, China 19%, Japan 3% · 5 more
- Tin$24 mto Spain 40%, France 15%, Türkiye 10% · 8 more
- Tungsten$19 mto Austria 41%, United States of America 34%, Netherlands 17% · 6 more
- Potash$2 mto Spain 83%, Angola 14%, Sierra Leone 2% · 5 more
- Rare earths$2 mto France 44%, Switzerland 18%, Italy 9% · 51 more
and 30 more commodities
Imports 2024$977 m
- Aluminium$573 mfrom Spain 63%, Norway 19%, Netherlands 6% · 25 more
- Copper$129 mfrom Spain 58%, Italy 16%, France 13% · 26 more
- Zinc$57 mfrom Spain 33%, Netherlands 30%, South Korea 18% · 9 more
- Tin$45 mfrom Spain 82%, Brazil 9%, Malaysia 3% · 12 more
- Lead$31 mfrom United Kingdom 43%, Lebanon 30%, Spain 9% · 15 more
- Manganese*$19 mfrom Spain 29%, Gabon 28%, Ukraine 17% · 13 more
- Potash$14 mfrom Spain 74%, Germany 15%, Jordan 10% · 12 more
- Rare earths$13 mfrom China 48%, Germany 35%, Italy 4% · 50 more
and 36 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
| Instrument | Applies to | Rate | Legal basis |
|---|---|---|---|
| Royalty | All mineralsMinimum negotiating reference for contractual exploitation charges ('encargos de exploração'/royalties); may vary by year of exploitation; minimum falls to 2% where the concessionaire and a company processing the ore in Portugal are linked, or there is a >10-year offtake contract with a domestic processor for most of the ore | 3%value of ore at the mine mouth (sales x international quotations, DGEG reference prices, or sales value), less admissible processing/transport deductions up to 5% | Decreto-Lei n.º 30/2021, de 7 de maio (DR 1.ª série n.º 89), regulating Lei n.º 54/2015 on mineral deposits · Art. 62.ºin force 2021-05-08 |
Rates and terms as set in the cited law or regulation; agreements with individual projects can differ. Not legal or tax advice.
Mines and facilities (3)
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