According to GlobalData, Mexico is the world’s fourth-largest producer of lead, with output of 265kt in 2022, down by 3.87% on 2021. Over the five years to 2021, production from Mexico increased by a CAGR of 3% and is expected to rise by a CAGR of 0.73% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Lead Mining to 2026 report. Buy the report here.
Mexico accounts for 6% of global production, with the other largest producers being China (43%), Australia (10%), the US (7%) and Peru (5%). Exports of lead from Mexico declined by 3.67% to 194kt in 2022 over 2021, with the highest share being exported to Australia. Mexico’s lead exports are expected to grow at a CAGR of 0.69% between 2022 and 2026, to 199kt by 2026.
Leading producers of lead in Mexico are Newmont, Industrias Penoles, Minera Frisco, Pan American Silver and Hecla Mining. Newmont's output was 80.29kt in 2021, down by 1% on 2020. Industrias Penoles produced 78.76kt, a decrease of 9%, and output from Minera Frisco was 15.95kt, an increase of 3% on the previous year.
For more detailed analysis of global lead mining, buy the report here.
Subscribe to our Newsletters
Get industry leading news, data and analysis delivered to your inbox
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
