2122 - Metal Ore Mining
Metal Ore Mining is a vital industry underpinning the global economy, and NAICS code 2122 specifically covers this sector. If you’re involved in mining operations that extract valuable metal ores such as gold, silver, copper, or iron, understanding this classification is essential for government contracting, industry analysis, or business development.
What is NAICS Code 2122?
Metal Ore Mining (NAICS 2122) involves the extraction and beneficiation of metal ores directly from the earth. This includes mining operations focused on precious metals like gold and silver, as well as base metals such as copper and iron. These activities form the backbone of industries ranging from manufacturing to technology.
Sector: Mining, Quarrying, and Oil and Gas Extraction
NAICS 2122 is a subsector within the larger Mining, Quarrying, and Oil and Gas Extraction sector (NAICS 21). This sector encompasses all activities related to the extraction of natural resources including minerals, oil, and gas. Metal ore mining companies specialize in:
- Drill and blast mining operations
- Ore extraction & transportation
- Ore dressing and beneficiation (processing to improve ore quality)
- Environmental rehabilitation post-mining
Typical Business Activities under NAICS 2122
Businesses and operations that fall under NAICS 2122 typically include:
- Gold mining operations
- Silver ore extraction
- Copper ore mining and beneficiation
- Iron ore extraction and processing
- Other metal ore mining such as nickel, lead, and zinc extraction
These activities are critical for supplying raw materials to manufacturers and industries worldwide.
Size Standards for NAICS Code 2122 Eligibility
To qualify as a small business under this NAICS code for government contracting, businesses must meet the size standards defined by the SBA (Small Business Administration). For NAICS 2122, the size standard is typically based on:
- Average annual receipts: $60 million (varies depending on the exact type of mining activity)
- Alternatively, employee size standards may apply but revenue is the most common metric.
Always verify the current size standards on the SBA website as they can update periodically.
Examples of Businesses Under NAICS 2122
- Local and multinational gold mining companies
- Copper ore extraction firms operating open-pit or underground mines
- Iron ore mining corporations supplying steel manufacturers
- Specialty mining contractors handling ore beneficiation
- Environmental consulting firms specializing in mine site rehabilitation (if involved in direct mining operations)
NAICS Code 2122 Details Table
| Attribute | Description |
|---|---|
| NAICS Code | 2122 |
| Title | Metal Ore Mining |
| Sector | Mining, Quarrying, and Oil and Gas Extraction (NAICS 21) |
| Description | Extraction and beneficiation of metal ores such as gold, silver, copper, and iron from the earth. |
| Typical Activities | Gold mining, copper and iron ore extraction, ore beneficiation |
| Size Standard | $60 million average annual receipts |
| Business Examples | Gold and silver mining operations, copper ore mining, iron ore mining |
Frequently Asked Questions (FAQ)
What metals are included in NAICS 2122 - Metal Ore Mining?
This code covers the extraction of metals like gold, silver, copper, iron, nickel, lead, zinc, and other metal ores.
How does NAICS 2122 differ from other mining codes?
NAICS 2122 focuses specifically on metal ore mining, whereas other codes like NAICS 2121 cover coal mining, and NAICS 213 focus on support activities for mining.
Can a small mining company qualify under NAICS 2122 for government contracts?
Yes, as long as the business meets the SBA's size standards, primarily based on annual revenue thresholds (around $60 million).
Does this code include mining support services?
No, support activities like exploration and drilling services fall under NAICS 21311, a separate code.
Conclusion
NAICS code 2122 - Metal Ore Mining is a crucial classification for companies involved in extracting and processing metal ores. From gold and silver to copper and iron, businesses classified under this code contribute significantly to supply chains across multiple industries. Understanding its scope, size standards, and typical business activities can open doors in government contracting and industry partnerships.
By targeting keywords such as metal ore mining, NAICS 2122, gold mining operations, and copper ore extraction, this guide aims to serve professionals seeking clarity and opportunities within this essential sector.
For businesses exploring growth or contracting, mastering NAICS 2122 is a strategic step toward success.
