Related Definitions

Recovery rate-Mining

  • Updated on

Recovery Rate (mining) is the quantity of metal available for sale post the refining process. For example, if a mining company mentions that it holds a resource of 100 million tonnes of 10 per cent copper with a recovery of 80 per cent, the investors could calculate the sellable amount as 0.10 multiply by 0.80 = 8 per cent of 100 million tonnes resource, i.e., 8 million tonnes.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.