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p.119Pb
EV & Grid Battery Materials·High Concentration

Lead - Production, Reserves & Supply Concentration

A metal used chiefly in lead-acid batteries and specialised shielding applications.The tables cover lead mine production and reserves. Recycling provides an additional source of lead supply.

2025 World Output4,500thousand metric tons
5Y Output Growth+2.7%2020 to 2025e
#1 Producing NationChina42.2% world share
Top-3 Share / HHI59.3%HHI: 2,067
World Reserves95,000R/P Life: 21.1 yrs
U.S. Import Reliance33%2025 USGS Salient
2025 Global Supply Concentration Breakdown (Mine production) Top 3 Producers = 59.3% of World Output
#1China:42.2% (1,900thousand metric tons) #2Australia:10.7% (480thousand metric tons) #3Peru:6.4% (290thousand metric tons) Rest of World: 40.7%
Pb
FIG. 119 · Battery Materials

Lead Global Production & Country Share

Measure: Mine production (thousand metric tons)

1,900 42.2%
480 10.7%
290 6.4%
280 6.2%
260 5.8%
220 4.9%
200 4.4%
100 2.2%
70 1.6%
70 1.6%
Source: USGS Mineral Commodity Summaries (2022-2026) · Unit: thousand metric tons #1 Producer: China (42.2% of world output)
TABLE 1 · MULTI-YEAR EXTRACTION / REFINING LEDGER

Lead Production by Country (2020-2025)

Mine production · Unit: thousand metric tons

RankCountry202020212022202320242025eShare5Y Chg
#1China1,9001,9601,9501,9001,9401,90042.2%0.0%
#2Australia49448543544048148010.7%-2.8%
#3Peru2422642552502912906.4%+19.8%
#4United States3062942732703042806.2%-8.5%
#5Russia2102002102002602605.8%+23.8%
#6India2042152202202262204.9%+7.8%
#7Mexico2602722732702402004.4%-23.1%
#8Bolivia659390901101002.2%+53.8%
#9Iran-50525070701.6%-
#9Sweden7065757075701.6%0.0%
#9Türkiye6375677066701.6%+11.1%
#12Tajikistan4656535039400.9%-13.0%
-World Total4,3804,5504,4604,5004,6004,500100.0%+2.7%
TABLE 2 · ECONOMICALLY RECOVERABLE RESERVES

Lead Proven Reserves by Country (2025)

Basis: Reserves · Unit: thousand metric tons · Global Implied Reserve Life: 21.1 years

RankCountryReserves (thousand metric tons)World ShareUSGS Notes
#1Australia34,00035.8%See Appendix C for resource and reserve definitions and information concerning data sources. - For Australia, Joint Ore Reserves Committee-compliant or equivalent reserves were 10 million tons.
#2China22,00023.2%See Appendix C for resource and reserve definitions and information concerning data sources.
#3Russia8,9009.4%See Appendix C for resource and reserve definitions and information concerning data sources.
#4Mexico5,6005.9%See Appendix C for resource and reserve definitions and information concerning data sources.
#5Peru5,0005.3%See Appendix C for resource and reserve definitions and information concerning data sources.
#6United States4,6004.8%See Appendix C for resource and reserve definitions and information concerning data sources.
#7Iran2,0002.1%See Appendix C for resource and reserve definitions and information concerning data sources.
#8India1,9002.0%See Appendix C for resource and reserve definitions and information concerning data sources.
#9Sweden1,7001.8%See Appendix C for resource and reserve definitions and information concerning data sources.
#10Bolivia1,6001.7%See Appendix C for resource and reserve definitions and information concerning data sources.
#10Türkiye1,6001.7%See Appendix C for resource and reserve definitions and information concerning data sources.
-World Total Reserves95,000100.0%See Appendix C for resource and reserve definitions and information concerning data sources.
TABLE 3 · UNITED STATES SALIENT STATISTICS

U.S. Supply, Consumption & Net Import Reliance (2021-2025)

Salient MeasureUnit20212022202320242025e
Lead: Production: Mine, lead in concentratesthousand metric tons294273270304280
Lead: Production: Mine, recoverable leadthousand metric tons286264263296270
Lead: Production: Primary refinerythousand metric tons00000
Lead: Production: Secondary refinery, old scrapthousand metric tons1,0501,0101,0101,0301,000
Lead: Imports for consumption: Lead in concentratesthousand metric tons1ssss
Lead: Imports for consumption: Refined metal, unwroughtthousand metric tons614652519410520
Lead: Exports: Lead in concentratesthousand metric tons262255246260220
Lead: Exports: Refined metal, unwrought (gross weight)thousand metric tons2226233722
Lead: Consumption, apparentthousand metric tons1,6401,6301,5001,4101,500
Lead: U.S. Net Import Reliance % of consumption36%38%33%27%33%
REFERENCE Q&A

Frequently Asked Questions - Lead

Which country leads lead production (mine production)?

China leads the 2025 USGS country table for mine production, with 1,900 thousand metric tons (estimated) (42.2% of the reported world total). World output was 4,500 thousand metric tons in 2025.

Which country holds the largest reported lead reserves?

Australia ranks first in the USGS reserve table, with 34,000 thousand metric tons (Reserves) (35.8% of the reported world total) against a reported world total of 95,000 thousand metric tons.

What is US net import reliance and import sourcing for lead?

In 2025, US net import reliance was reported at 33% (Net import reliance as a percentage of apparent consumption, refined metal). Across 2021-24, leading US import sources (Refined metal) were Canada (31%), South Korea (16%), Mexico (15%).

How is lead classified on the US Critical Minerals List and what are its primary uses?

Status: Listed on 2025 US List (Added in 2025 Final List). Primary applications cited in USGS summaries include: Lead-acid starting-lighting-ignition (SLI) and industrial backup batteries, radiation shielding, and ammunition. Primary lead is mined from galena ores (often polymetallic with zinc and silver), while secondary lead recycled from spent lead-acid batteries provides the majority of refined consumption in mature economies.