21223 - Copper, Nickel, Lead, and Zinc Mining
Introduction
Are you exploring the mining industry and want to understand key classifications? NAICS code 21223, titled Copper, Nickel, Lead, and Zinc Mining, plays a vital role in identifying businesses involved in extracting some of the world's most essential metals. Whether you're a contractor, supplier, or investor, understanding this NAICS code can help you navigate the mining sector more effectively.
What is NAICS Code 21223?
NAICS code 21223 specifically covers establishments primarily engaged in mining copper, nickel, lead, and zinc ores. This includes not only the physical extraction but also the beneficiation (processing to improve the ore quality) and preparation stages necessary to ready these metals for further manufacturing or refinement.
Key Activities Included
- Extraction of copper, nickel, lead, and zinc ores
- Beneficiation and concentration of ores
- Preparation of metal ores for downstream industries
Sector Overview
NAICS 21223 falls under the broader sector:
- Sector: Mining, Quarrying, and Oil and Gas Extraction (NAICS 21)
This sector is essential for the economy as it supplies raw natural resources crucial for manufacturing, infrastructure, and technology.
Typical Business Activities Under NAICS 21223
- Copper ore mining operations
- Nickel ore extraction companies
- Lead and zinc mining enterprises
- Metal ore beneficiation and preparation plants
Size Standards for Eligibility
According to the U.S. Small Business Administration (SBA), the size standards for NAICS code 21223 are typically based on the number of employees or average annual receipts. As of the latest standards:
| Criteria | Size Standard |
|---|---|
| Number of Employees | 500 employees or fewer |
| Average Annual Receipts | Varies by subgroup; check SBA for updates |
Note: Size standards may be subject to periodic updates. Always verify with the SBA for current eligibility.
Examples of Businesses Under NAICS 21223
- Copper Mining Companies: Firms operating mines that extract and process copper ore deposits.
- Nickel Extractors: Enterprises dedicated to the mining and beneficiation of nickel ores.
- Lead and Zinc Mining Enterprises: Companies focused on the recovery and preliminary processing of lead and zinc resources.
Detailed NAICS Code 21223 Information Table
| Attribute | Details |
|---|---|
| NAICS Code | 21223 |
| Title | Copper, Nickel, Lead, and Zinc Mining |
| Description | Establishments primarily engaged in mining copper, nickel, lead, and zinc ores, including extraction, beneficiation, and preparation of ores. |
| Sector | Mining, Quarrying, and Oil and Gas Extraction (NAICS 21) |
| Typical Business Types | Copper ore mining, nickel ore extraction, lead and zinc mining enterprises |
| SBA Size Standard | 500 employees or fewer (check SBA for latest figures) |
| Key Activities | Mining, beneficiation, ore preparation |
FAQs About NAICS Code 21223
What materials are covered under NAICS 21223?
This NAICS code covers businesses mining copper, nickel, lead, and zinc ores.
Does this code include metal refining or smelting?
No, NAICS 21223 focuses on extraction and preparation of ores. Refining and smelting fall under different NAICS codes (e.g., 3314 - Secondary Smelting and Alloying of Nonferrous Metal).
Can small businesses qualify under this NAICS code?
Yes, many businesses with 500 or fewer employees qualify as small businesses under SBA size standards for NAICS 21223.
What industries rely on products from NAICS 21223?
Industries such as electrical manufacturing, construction, automotive, and electronics depend on these metals for raw materials.
How does this NAICS code benefit contractors and suppliers?
Knowing this NAICS code helps businesses target customers, identify government contracting opportunities, and comply with classification requirements.
Understanding NAICS code 21223 - Copper, Nickel, Lead, and Zinc Mining is crucial for companies involved or interested in the mining sector. Whether you are strategizing your market entry or ensuring compliance with government procurement, this industry classification clarifies the scope and activities related to these vital metal ore mining operations.
