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Copper, Zinc & Lead Refining in Ontario

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS ON33141CA

Copper, Zinc & Lead Refining in Ontario industry analysis

Revenue for the Copper, Zinc & Lead Refining industry in Ontario is expected to decline an annualized -x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xx locations over the past five years. Industry employment has decreased an annualized -x.x% to x,xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to decline -x.x% to xx locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Copper, Zinc & Lead Refining in Ontario Market Research Report

What’s Included in the Copper, Zinc & Lead Refining in Ontario Market Research Report

Definition of the Copper, Zinc & Lead Refining in Ontario?

Canadian copper, zinc and lead refineries smelt or refine nonferrous metals other than aluminum. The refining process includes the use of electrolytic methods and more traditional furnace-based procedures. Additionally, companies that refine gold typically do so on a fee-for-service basis.

What’s included in the Copper, Zinc & Lead Refining in Ontario?

The Copper, Zinc & Lead Refining in Ontario includes precious metals smelting and refining, copper smelting and refining, nickel smelting and refining, zinc smelting and refining and lead smelting and refining. Related terms covered in the Copper, Zinc & Lead Refining in Ontario industry report includes a process that involves melting ore to separate out the metallic content from the waste material, also known as slag, a process that takes smelted ore and further reduces the level of impurities, typically by oxidizing them, a process that involves passing an electrical current through a liquid leaching solution containing dissolved metal to extract the metal, a rock that contains minerals with elements, including metals and a metal that does not contain iron.

Industry Performance of the Copper, Zinc & Lead Refining industry in Ontario

Benchmark the Copper, Zinc & Lead Refining in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Copper, Zinc & Lead Refining in Ontario

#2 in Highest Revenue 30.2% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Copper, Zinc & Lead Refining in Canada


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Copper, Zinc & Lead Refining industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, industrial capacity utilization, canadian effective exchange rate index and world price of copper are impacting Copper, Zinc & Lead Refining in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Industrial capacity utilization
Canadian effective exchange rate index
World price of copper

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Copper, Zinc & Lead Refining industry in Ontario

Access proprietary data on Census Metropolitan Area in the Copper, Zinc & Lead Refining in Ontario, such as Toronto, Greater Sudbury and Brantford. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Copper, Zinc & Lead Refining industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Copper, Zinc & Lead Refining industry in Ontario in 2025?

The market size of the Copper, Zinc & Lead Refining industry in Ontario is $5.3bn in 2025.

How many businesses are there in the Copper, Zinc & Lead Refining industry in Ontario in 2025?

There are 11 businesses in the Copper, Zinc & Lead Refining industry in Ontario, which has been growing at an average annual rate of 1.9% from 2020 to 2025.

Has the Copper, Zinc & Lead Refining industry in Ontario grown or declined over the past 5 years?

The market size of the Copper, Zinc & Lead Refining industry in Ontario has been declining at an average annual rate of -0.1% from 2020 to 2025.

How many employees in the Copper, Zinc & Lead Refining industry in Ontario in 2025?

There are 24,757 employees in the Copper, Zinc & Lead Refining industry in Ontario, which has been declining at an average annual rate of -1.1% from 2020 to 2025.