Commodity Origins

How much is left, and how long will it last?

At the pace the world mined in 2025, the reserves counted for 2025 would last about 18 years for zinc, 20 for gold and 21 for lead, and more than a century for 9 of the 29 listed below. None of those is a date when anything runs out: for 14 of the 18 minerals we can check, the reserve figure is higher than it was three years earlier, although about three years of mining happened in between.

The table answers four questions for each material: how much is mined each year, how much is left in reserves, how many years that is at the current pace, and how much has already been taken out. Reserves are the part of a deposit that can be mined at a profit with the technology and prices of the year counted, as USGS and the Energy Institute count them. They are a working inventory, not the amount in the ground, which is why the number of years can lengthen even while mining continues.

Mined each year, left and years at the latest year's pace

Click a heading to sort. "Years left" is at the 2025 pace; "years if output grows" assumes production continues to change by the average yearly rate of 2013–15 to 2023–25 and is shown only where that rate is positive. "Mined so far" is world production summed from the year shown to 2025; "known stock" is mined so far plus reserves.

World production in 2025, reserves, years of supply at the current pace and with growing output, amount already mined and the share of known stock that has been mined
MaterialMined in 2025ReservesYears leftYears if output growsMined so farKnown stockShare mined
Zinc
Metals
13
million tonnes
240
2025
18—629
since 1900
86972%
Gold
Precious metals
3.3
thousand tonnes
66
2025
2019185
since 1900
25174%
Tin
Metals
0.29
million tonnes
≥ 6.0
2025
≥ 21—24.1
since 1905
30.180%
Lead
Metals
4.5
million tonnes
95
2025
21—261
since 1945
35673%
Antimony
Metals
111
thousand tonnes
≥ 2,395
2025
≥ 22————
Silver
Precious metals
26
thousand tonnes
610
2025
23—1,465
since 1900
2,07571%
Chromium
Metals
51
million tonnes
≥ 1,200
2024
≥ 24————
Fluorspar
Industrial minerals and fertilizers
10
million tonnes
330
2025
3321375
since 1913
70553%
Nickel
Metals
3.9
million tonnes
≥ 140
2025
≥ 36≥ 2191.8
since 1900
23240%
Cobalt
Metals
0.31
million tonnes
12
2025
39174.51
since 1901
16.527%
Natural gas
Fuels
4.2
trillion cubic metres
188
end-2020
4030136
since 1970
30345%
Crude oil
Fuels
36.7
billion barrels
1,732
end-2020
42361,571
since 1965
3,12850%
Copper
Metals
23
million tonnes
980
2025
4331862
since 1900
1,84247%
Barite
Industrial minerals and fertilizers
8.7
million tonnes
402
2025
46————
Titanium
Metals
9.4
million tonnes
494
2025
53————
Iron ore
Metals
1.6
billion tonnes
86.7
2025
54————
Tungsten
Metals
85
thousand tonnes
≥ 4,698
2025
≥ 55≥ 544,100
since 1905
8,79847%
Bauxite
Metals
0.44
billion tonnes
29
2025
66————
Molybdenum
Metals
0.26
million tonnes
17.3
2025
66—10.2
since 1900
27.537%
Manganese
Metals
20
million tonnes
1,798
2025
9059823
since 1900
2,62131%
Coal
Fuels
9.05
billion tonnes
1,074
end-2020
11475———
Potash
Industrial minerals and fertilizers
49
million tonnes
≥ 5,922
2025
≥ 121≥ 651,970
since 1919
7,89225%
Lithium
Metals
0.29
million tonnes
37
2025
128171.71
since 2000
38.74%
Graphite
Metals
1.8
million tonnes
310
2025
1723962
since 1900
37217%
Vanadium
Metals
113
thousand tonnes
21,464
2025
189692,958
since 1960
24,42212%
Niobium
Metals
112
thousand tonnes
≥ 21,353
2025
≥ 191≥ 452,149
since 1964
23,5029%
Rare earths
Metals
0.39
million tonnes
≥ 75.3
2025
≥ 193≥ 285.95
since 1900
81.27%
Platinum and Palladium
Precious metals
361
tonnes
≥ 76,200
2025
≥ 211————
Phosphate rock
Industrial minerals and fertilizers
0.25
billion tonnes
73
2025
292—10.6
since 1900
83.613%

Mined each year and reserves for minerals: USGS Mineral Commodity Summaries 2026 (the same figures as each commodity page). Oil, gas and coal: Energy Institute Statistical Review of World Energy 2026, whose reserves were last updated for the end of 2020; the years shown for them take away what was produced in 2021–2025 and divide by 2025 output. History: USGS Data Series 140 and the Mineral Commodity Summaries 2022–2025. ≥ marks reserves that USGS prints as "more than" a figure (an open-ended world total), so the years are a minimum. Quantities are in each row's own unit (tonnes, barrels or cubic metres), so the quantity columns sort by their value in tonnes: coal as given, oil using the Energy Institute's own tonnes figure, and natural gas, which has no mass figure in the data, sorts to the end.

How much of what was ever found has been mined?

Each bar splits the known stock, everything mined in the years on record plus the latest reserves, into what has already been taken out (dark) and what reserves still hold (light). It is a floor on how much was found worth mining, not the geological total, which nobody knows, and it only counts the years shown after "since". A high bar means most of what has been identified has been mined; it does not mean the rest is about to be exhausted, because reserves grow when new deposits are found or become profitable.

Tin
80% since 1905
Gold
74% since 1900
Lead
73% since 1945
Zinc
72% since 1900
Silver
71% since 1900
Fluorspar
53% since 1913
Crude oil
50% since 1965
Copper
47% since 1900
Tungsten
47% since 1905
Natural gas
45% since 1970
Nickel
40% since 1900
Molybdenum
37% since 1900
Manganese
31% since 1900
Cobalt
27% since 1901
Potash
25% since 1919
Graphite
17% since 1900
Phosphate rock
13% since 1900
Vanadium
12% since 1960
Niobium
9% since 1964
Rare earths
7% since 1900
Lithium
4% since 2000

Reserves are not a fixed stock

If reserves were a tank, each year's mining would lower the level by that amount. The record says otherwise. Comparing USGS's reserve figure in the 2023 Mineral Commodity Summaries (a 2022 figure) with the 2026 edition, and subtracting what was mined in 2023, 2024 and 2025: reserves are larger in the latest edition than in 2022 for 14 of 18 minerals (zinc, gold, tin, lead, silver, fluorspar, cobalt, copper, iron ore, tungsten, molybdenum, manganese, lithium, phosphate rock); and for 4 they fell by more than was mined (bauxite, graphite, vanadium, rare earths), which mining alone cannot explain. Over a longer span the Energy Institute counts proved oil reserves rising from 683 billion barrels in 1980 to 1,732 billion in 2020, a period in which about 1,093 billion barrels were produced, and gas from 70.9 to 188 trillion cubic metres.

Reserves at the earlier date, production in between, latest reserves and years of supply then and in the latest year
MaterialReserves thenMined in betweenLatest reservesChangeYears thenYears, latest
Zinc
2022 to 2025 · million tonnes
21037240+14%1618
Gold
2022 to 2025 · thousand tonnes
529.8366+27%1620
Tin
2022 to 2025 · million tonnes
4.60.896.0+31%1521
Lead
2022 to 2025 · million tonnes
8513.595+12%1921
Silver
2022 to 2025 · thousand tonnes
55076.8610+11%2123
Fluorspar
2022 to 2025 · million tonnes
26029.8330+27%3133
Cobalt
2022 to 2025 · million tonnes
8.30.8512+45%4239
Natural gas
1980 to 2020 · trillion cubic metres
70.9102188+165%5040
Crude oil
1980 to 2020 · billion barrels
6831,0931,732+154%3042
Copper
2022 to 2025 · million tonnes
89068.6980+10%4143
Iron ore
2022 to 2025 · billion tonnes
854.7686.7+2%5554
Tungsten
2022 to 2025 · thousand tonnes
3,8002474,698+24%4855
Bauxite
2022 to 2025 · billion tonnes
311.3129−6%7866
Molybdenum
2022 to 2025 · million tonnes
120.7617.3+44%4766
Manganese
2022 to 2025 · million tonnes
1,70058.31,798+6%8590
Lithium
2022 to 2025 · million tonnes
260.7237+42%178128
Graphite
2022 to 2025 · million tonnes
3304.88310−6%196172
Vanadium
2022 to 2025 · thousand tonnes
26,00033521,464−17%255189
Rare earths
2022 to 2025 · million tonnes
1301.1575.3−42%433193
Phosphate rock
2022 to 2025 · billion tonnes
720.7273+1%316292

"Years then" is reserves at the earlier date divided by that year's production; "years, latest" is the figure from the first table (the latest reserves divided by 2025 production; for oil and gas, end-2020 reserves less what was produced since). Minerals: USGS Mineral Commodity Summaries 2023 and 2026, same basis in both tables (a series is left out when the two tables are not comparable or give only a lower bound). Oil and gas: Energy Institute, 1980 to 2020. Reserve figures move for several reasons, new discoveries, new methods, changing prices and re-estimation among them; the table shows that they move, not why.

What these numbers can and cannot tell you

Why some rows have no "mined so far"

A cumulative total is only worth showing if the history can be joined to the latest figures without a gap or a change of basis. Where it could not, the row keeps its reserve life and shows a dash. Nothing was estimated to fill the gap.

Antimony
USGS's world antimony series breaks in 2019-2020 (162,000 t, then 111,000 t on a revised basis), so the history cannot be joined.
Chromium
The historical series is chromium content; current production and reserves are marketable chromite ore, so the two cannot be added.
Barite
USGS's barite world totals exclude the United States until MCS 2025 and include it after, so the series changes basis.
Titanium
The historical ilmenite series ends in 2020 and the later MCS tables do not report world ilmenite on the same basis.
Iron ore
The historical series counts usable ore; reserves are compared with production as contained iron, so the two cannot be added.
Bauxite
USGS's historical statistics have no world bauxite series.
Coal
The Energy Institute's coal production series starts in 1981; coal had been mined for centuries before that, so a total since then says little about how much was there.
Platinum-group metals
The historical series counts all platinum-group metals; current production here is platinum plus palladium only, so the two cannot be added.

How it is built

Try your own assumptions in the reserve scenario calculator.

Figures read on 6 October 2026; none of this is investment advice.