BaSO4

Barite

Projects

Major Barite Projects Worldwide

The development pipeline for Barite projects spans exploration through production across multiple jurisdictions. These projects that will shape the future supply landscape for this industrial mineral.

Current Production

7.6 million

tonnes

Top Producer

China

33% share

Projects Tracked

0

Reserves

740 million tonnes

Government Support and Strategic Initiatives

Recognizing the strategic importance of Barite, governments in major consuming nations have launched programs to support project development. These include direct financing, loan guarantees, streamlined permitting, and bilateral resource partnerships. As a USGS-listed critical mineral, Barite projects are eligible for various U.S. government support mechanisms including the Defense Production Act Title III program. EU Critical Raw Materials Act provisions enable fast-track permitting and financing support for Barite projects within the EU and partner nations.

Key Industry Developments

Recent developments affecting the Barite project landscape:

2014-2016

Barite demand dropped sharply with the global oil price crash and drilling activity downturn, with US consumption falling over 40%

2020

COVID-19 pandemic further reduced drilling activity; global barite production fell below 7 million tonnes

2022-2023

Recovery in oil and gas drilling activity restored barite demand, particularly from Middle East and US shale operations

Return to the Barite hub page or browse the full Mineral Library.