today's wacc — Diversified Mining
9.64%
+ new wacc
118 companies|as of 04/04/2026|gov bond yield: 4.31%|erp: 4.75%|unlevered beta: 1.13|relevered beta: 1.16
allMaterialsMetals & MiningDiversified Mining
Vulcan Energy Resources13.67%
Lithium Americas13.31%
IperionX13.13%
Solaris Resources12.85%
Skeena Resources12.65%
Tibet Summit Resources12.33%
Standard Lithium12.32%
Hunan Silver12.26%
Shenghe Resources Holding12.11%
Chongyi Zhangyuan Tungsten12.10%
Tibet Mineral Development11.98%
NGEx Minerals11.98%
Americas Gold and Silver11.93%
Sinomine Resource Group11.72%
TMC the metals company11.71%
China Minmetals Rare Earth11.68%
Almonty Industries11.63%
Ivanhoe Mines11.52%
Shengda Resources11.45%
China Tungsten And Hightech Materals11.42%
Sichuan Anning Iron and Titanium11.17%
Hunan Gold Corporation11.04%
Ningxia Orient Tantalum Industry11.02%
CMOC Group11.00%
PT Petrosea10.99%
Zhuzhou Smelter Group10.92%
Rising Nonferrous Metals Share10.89%
Liontown Resources10.85%
Anglo American10.76%
China Northern Rare Earth (Group) High-Tech10.72%
AbraSilver Resource10.72%
Yunnan Tin Company10.65%
Grupo México10.62%
Mitsui Kinzoku10.59%
PT TIMAH10.58%
PT Bumi Resources Minerals10.58%
Pangang Group Vanadium & Titanium Resources10.57%
Xiamen Tungsten10.57%
Jinduicheng Molybdenum10.54%
Tibet Huayu Mining10.49%
Zhejiang Huayou Cobalt10.48%
GuoCheng Mining10.35%
PT Trimegah Bangun Persada10.26%
China Nonferrous Metal Industry's Foreign Engineering10.12%
Sino-Platinum Metals10.09%
Advanced Technology & Materials10.05%
Chengtun Mining Group10.05%
Innuovo Technology10.04%
Baoji Titanium Industry10.03%
Wuxi Paike New Materials Technology9.94%
Gravita India9.92%
Western Metal Materials9.90%
Baiyin Nonferrous Group9.88%
PLS Group9.87%
Imdex9.86%
Inner Mongolia Xingye Mining9.81%
Ivanhoe Electric9.71%
IGO9.62%
Sichuan Hongda9.58%
Yunnan Lincang Xinyuan Germanium Industry9.53%
Mineral Resources9.49%
Boliden9.47%
Western Superconducting Technologies9.47%
Henan Huanghe Whirlwind9.43%
JCHX Mining Management9.41%
YOUNGY9.38%
Guangdong Hongda Holdings Group9.37%
PT Vale Indonesia9.31%
Inner Mongolia Dazhong Mining9.25%
Anhui Truchum Advanced Materials and Technology9.22%
Western Mining9.20%
Inner Mongolia Erdos Resources9.16%
China Kings Resources Group9.09%
Yunnan Chihong Zinc & Germanium9.03%
PT Merdeka9.01%
Rio Tinto8.99%
Shanghai Zhongzhou Special Alloy Materials8.98%
Impala Platinum Holdings8.98%
Fortescue8.91%
Foran Mining8.91%
Northam Platinum Holdings8.81%
Lynas Rare Earths8.81%
PT United Tractors8.63%
PT Aneka Tambang8.61%
Nittetsu Mining8.53%
Deterra Royalties8.42%
Henan Yuguang Gold&Lead8.37%
South328.29%
Anglo American Platinum8.28%
PT Darma Henwa8.27%
Minera Frisco8.24%
Hindustan Zinc8.23%
Nickel Industries8.22%
Vedanta8.16%
Teck Resources8.09%
Materion8.07%
Shenzhen Zhongjin Lingnan Nonfemet8.05%
BHP Group8.05%
Poongsan8.03%
Glencore8.01%
Sumitomo Metal Mining7.99%
Shanjin International Gold7.97%
Korea Zinc Company7.87%
Iluka Resources7.82%
African Rainbow Minerals7.76%
AMG Critical Materials7.59%
Lygend Resources & Technology7.56%
Shandong Humon Smelting7.54%
Dowa Holdings7.38%
Viohalco7.33%
Altius Minerals7.32%
Vale S.A.7.32%
Mitsubishi Materials6.54%
Eramet6.36%
Nexa Resources6.18%
Perenti6.17%
Northern Dynasty Minerals6.03%
Sigma Lithium5.95%
methodology

WACC is calculated as the weighted average of the cost of equity and the after-tax cost of debt, using median unlevered betas (5-year monthly, adjusted via Blume) relevered with median net-debt capital structures via the Hamada equation.

Cost of equity = risk-free rate + relevered beta × equity risk premium. Cost of debt = (risk-free rate + credit spread) × (1 − tax rate).

Data is updated daily. Read our full methodology on the sources page.