today's wacc — Diversified Mining
9.96%
+ new wacc
118 companies|as of 04/06/2026|gov bond yield: 4.49%|erp: 4.75%|unlevered beta: 1.16|relevered beta: 1.19
allMaterialsMetals & MiningDiversified Mining
Lithium Americas13.95%
Vulcan Energy Resources13.65%
IperionX13.29%
Tibet Summit Resources13.09%
Solaris Resources12.86%
Skeena Resources12.64%
Standard Lithium12.63%
Shenghe Resources Holding12.46%
Americas Gold and Silver12.43%
Chongyi Zhangyuan Tungsten12.42%
Almonty Industries12.23%
Hunan Silver12.17%
Sinomine Resource Group11.98%
China Minmetals Rare Earth11.94%
NGEx Minerals11.89%
China Tungsten And Hightech Materals11.88%
Zhuzhou Smelter Group11.82%
TMC the metals company11.72%
Tibet Mineral Development11.67%
Ivanhoe Mines11.51%
Liontown Resources11.45%
Shengda Resources11.40%
Mitsui Kinzoku11.34%
PT Bumi Resources Minerals11.30%
CMOC Group11.27%
Rising Nonferrous Metals Share11.22%
AbraSilver Resource11.21%
Sichuan Anning Iron and Titanium11.17%
Anglo American11.12%
Hunan Gold Corporation11.03%
GuoCheng Mining11.02%
China Northern Rare Earth (Group) High-Tech10.96%
Yunnan Tin Company10.95%
Grupo México10.89%
Tibet Huayu Mining10.89%
Ningxia Orient Tantalum Industry10.87%
Pangang Group Vanadium & Titanium Resources10.81%
Xiamen Tungsten10.76%
PT Petrosea10.62%
Jinduicheng Molybdenum10.61%
Gravita India10.50%
PT TIMAH10.44%
Zhejiang Huayou Cobalt10.40%
China Nonferrous Metal Industry's Foreign Engineering10.36%
Western Metal Materials10.26%
Innuovo Technology10.24%
Chengtun Mining Group10.23%
PT Trimegah Bangun Persada10.17%
PT Vale Indonesia10.15%
PLS Group10.14%
YOUNGY10.13%
Advanced Technology & Materials10.10%
Wuxi Paike New Materials Technology10.08%
Henan Huanghe Whirlwind10.04%
Mineral Resources10.03%
Sino-Platinum Metals10.02%
Yunnan Lincang Xinyuan Germanium Industry10.02%
Imdex9.92%
Baoji Titanium Industry9.91%
Sichuan Hongda9.91%
Inner Mongolia Dazhong Mining9.79%
Inner Mongolia Xingye Mining9.74%
Ivanhoe Electric9.73%
Western Mining9.73%
Baiyin Nonferrous Group9.72%
Boliden9.70%
IGO9.62%
JCHX Mining Management9.59%
Anhui Truchum Advanced Materials and Technology9.56%
Yunnan Chihong Zinc & Germanium9.35%
PT United Tractors9.34%
Impala Platinum Holdings9.34%
Inner Mongolia Erdos Resources9.34%
PT Aneka Tambang9.31%
Western Superconducting Technologies9.31%
China Kings Resources Group9.30%
Guangdong Hongda Holdings Group9.30%
Lynas Rare Earths9.20%
Rio Tinto9.15%
Northam Platinum Holdings9.13%
PT Merdeka9.11%
Fortescue9.01%
Shanghai Zhongzhou Special Alloy Materials8.99%
Materion8.96%
Nickel Industries8.76%
Hindustan Zinc8.70%
PT Darma Henwa8.63%
Anglo American Platinum8.59%
Deterra Royalties8.58%
Henan Yuguang Gold&Lead8.58%
Shenzhen Zhongjin Lingnan Nonfemet8.54%
Viohalco8.51%
Teck Resources8.46%
South328.45%
BHP Group8.32%
Glencore8.31%
Foran Mining8.24%
Iluka Resources8.21%
African Rainbow Minerals8.01%
Minera Frisco7.98%
Nittetsu Mining7.96%
AMG Critical Materials7.85%
Shanjin International Gold7.73%
Shandong Humon Smelting7.72%
Sumitomo Metal Mining7.68%
Sigma Lithium7.57%
Dowa Holdings7.50%
Altius Minerals7.46%
Vale S.A.7.35%
Lygend Resources & Technology7.31%
Korea Zinc Company7.29%
Nexa Resources7.13%
Poongsan7.04%
Northern Dynasty Minerals6.98%
Eramet6.67%
Perenti6.53%
Vedanta6.47%
Mitsubishi Materials6.40%
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.