What LeadFX does

LeadFX Inc. is a privately held Canadian base metals mining company headquartered in Fergus, Ontario, focused on the development of lead and zinc assets in Western Australia and Peru. The company was established in 2015 and operates through its wholly-owned indirect subsidiary Rosslyn Hill Mining Pty Ltd, which holds 100% of the Paroo Station Lead Mine — described as the world's largest lead carbonate mine, located 30 km west of Wiluna, Western Australia. Ore at Paroo Station is extracted via conventional open-pit drilling, blasting, and haulage using 85-tonne trucks, with grade control enhanced by handheld XRF analyzers testing every blasthole and run-of-mine stockpiling and blending to produce homogeneous feed for the concentrator. The mine has been on care and maintenance since 2015, with no active production.

LeadFX expanded its portfolio in 2020 through the acquisition of the Bongara Zinc Project in Peru's Amazonas Department, which contains 421,000 tonnes of contained zinc at 15% Zn across five defined deposits (Mina Grande Sur, Mina Grande Centro, Mina Grande Norte, Mina Chica, and Bongarita) spanning 8,009.5 hectares across eight mineral concessions. Historically, Bongara produced approximately 25,000 tonnes of zinc metal before operations ceased in 2008 amid the international financial crisis. The project remains in development stage.

The company's revenue model is commodity-based — selling lead and zinc concentrates to industrial metal buyers, refineries, and commodity traders at prevailing market prices. As both assets are currently non-producing (one on care and maintenance, the other in development), no current revenue is disclosed. LeadFX communicates with the market primarily through its corporate website and email-based investor relations; the company maintains no public listing, no disclosed institutional backing, and a minimal visible management or headcount footprint. A December 2025 shares-for-debt transaction with Search Minerals Inc. (a related party) settled $404,053.73 of obligations and signaled ongoing capital structure management.

Name

LeadFX

Legal name

LEADFX Inc.

Website

https://leadfxinc.com

Company type

Private

Founded year

2015

Operating status

Operating

Short description

LeadFX is a privately held Canadian base metals mining company holding 100% of the Paroo Station Lead Mine (Western Australia, on care and maintenance since 2015) and the Bongara Zinc Project (Peru, development stage), targeting industrial lead and zinc buyers.

Ownership category

akta.pro rank

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure

Revenue model

1. Lead and Zinc Commodity Sales: Revenue generated from the sale of lead and zinc extracted from mining operations. The company is a base metals mining company focused on lead and zinc production.

Distribution channels1 record

Marketing channels2 records

Core offering

LeadFX is a privately owned Canadian base metals mining company that develops and operates lead and zinc mining assets. Its core products are lead and zinc concentrates derived from its 100%-owned Paroo Station Lead Mine in Western Australia and Bongará Zinc Project in Peru, extracted via open-pit mining with drilling, blasting, XRF grade control, and run-of-mine stockpiling and blending.

Product overview

LeadFX is a privately owned Canadian base metals mining company operating two primary assets: the Paroo Station Lead Mine (world's largest lead carbonate mine in Western Australia, currently on care and maintenance) and the Bongara Zinc Project (a zinc development project in Peru with 421,000 tonnes of contained zinc resources). The company focuses on developing these lead and zinc projects through exploration, extraction, and processing operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Paroo Station Lead Mine The world's largest lead carbonate mine, located 30 km west of Wiluna and 750 km northeast of Perth in Western Australia. Owned 100% by Rosslyn Hill, a wholly-owned indirect subsidiary of LeadFX. Ore is extracted via open-pit mining using drilling, blasting, excavators, and 85-tonne haulage trucks, with XRF blasthole grade control and ROM pad blending. The mine has been on care and maintenance since 2015.
• Bongará Zinc Project A development-stage zinc project located in the Yambrasbamba district of Bongará Province, Amazonas Department, north-central Peru, approximately 650 km north-northwest of Lima. Spans 8,009.5 hectares across eight mineral concessions and contains five defined deposits (Mina Grande Sur, Mina Grande Centro, Mina Grande Norte, Mina Chica, and Bongarita) with total mineral resources of 2,800,000 tonnes at 15.0% Zn containing 421,000 tonnes of zinc.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• SRK Consulting (Australasia) Pty LtdcoreImplementation/ SI/ Consulting Partner · 10 March 2015SRK Consulting prepared an independent Technical Report in accordance with National Instrument 43-101 (NI 43-101) on Paroo Station Lead Mine. The 2015 Technical Report contains information on Mineral Resources, Mineral Reserves, life of mine, permitting and economic analysis. SRK is a global mining consulting firm independent of LeadFX Inc.

Scale indicators5 records

Recent moves2 records

Expansion highlights3 records

Direct peers

• Hudbay Minerals: A Canadian copper-zinc miner with operating assets in Manitoba, Peru, and the US. Hudbay's copper-zinc focus and Latin American development footprint overlap meaningfully with LeadFX's Peru and base metals profile.
• Silvercorp Metals: A Canadian miner producing silver, lead, and zinc from Chinese and international projects. Similar in market scale to LeadFX, with a comparable lead/zinc revenue mix and a portfolio of multi-jurisdictional assets.
• Lundin Mining: A Canadian base metals producer with copper, zinc, and nickel operations across the Americas and Europe. Although larger, Lundin's portfolio diversification between copper and zinc and its development-stage project pipeline offer a strong comparable model for LeadFX's lead/zinc strategy.
• Nexa Resources: A mid-tier base metals miner with a primary focus on zinc and integrated Latin American operations. Nexa's zinc-lead portfolio and project-development pipeline closely parallel LeadFX's lead/zinc specialty, though Nexa is substantially larger and producing.
• Hecla Mining: A North American silver miner with material lead and zinc by-product exposure. Hecla's combination of precious metals with base metals, project-development focus, and similar scale make it a strong operational comparable for a mid-stage lead/zinc developer.

Broad incumbents

• Glencore: The world's largest diversified commodities trader and a major zinc miner. Glencore's zinc division provides the benchmark for global lead/zinc markets and offtake terms relevant to a junior miner like LeadFX.
• Taseko Mines: A Canadian base metals and gold producer with a portfolio that includes copper development-stage assets. Comparable as another mid-tier Canadian mining company with a multi-asset strategy and capital markets presence in the same tier as LeadFX.
• Pan American Silver: A major silver miner with significant lead and zinc by-product exposure. Pan American's Latin American operating footprint and lead/zinc byproduct revenue from silver operations provide a relevant reference point for carbonate-replacement-style orebody economics.
• MMG Limited: A global mid-tier base metals miner controlled by China Minmetals with copper and zinc assets worldwide. MMG's portfolio breadth and project development expertise serve as a model for asset-management strategy applicable to LeadFX's portfolio.
• Boliden AB: A European integrated mining and smelting company with significant zinc and copper operations. Boliden's smelting and mining integration make it a relevant broad incumbent for understanding downstream offtake economics for LeadFX's concentrates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LeadFX