In this article we are going to list the 5 biggest mining companies in the world. For a detailed coverage of this topic and a more comprehensive list please take a look at the 15 biggest mining companies in the world.
5. Vale (NYSE:VALE)
Total market cap of the company (in billions of dollars): 42.5
Total revenue of the company in 2019 (in billions of dollars): 36.2
Total assets of the company in 2019 (in billions of dollars): 85
Total profits of the company in 2019 (in millions of dollars): 179
Total employees of the company in 2019: 71,149
The biggest mining company in Brazil is Vale, which was established 78 years ago in 1942, and is the biggest producer of iron ore in the entire world. In addition to mining, it also operates several hydroelectric plants as well as a major network of ports, ships and railroads to transport its product too.
Pixabay/Public Domain
4. Norilsk Nickel
Total market cap of the company (in billions of dollars): 43.8
Total revenue of the company in 2019 (in billions of dollars): 13.6
Total assets of the company in 2019 (in billions of dollars): 19
Total profits of the company in 2019 (in millions of dollars): 5,800
Total employees of the company in 2019: 73,715
It is the biggest mining company in Russia and is the biggest producer in the world of both nickel and palladium. The company is headquartered in Moscow.
Pixabay/Public Domain
3. Glencore International
Total market cap of the company (in billions of dollars): 24.5
Total revenue of the company in 2019 (in billions of dollars): 215.1
Total assets of the company in 2019 (in billions of dollars): 124
Total profits of the company in 2019 (in millions of dollars): -416
Total employees of the company in 2019: 160,000
Glencore is an Anglo-Swiss mining company which came into existence 46 years ago in 1974. By revenues, it is easily one of the biggest companies in the world, regardless of industry though the fact that is has made losses has led to it falling further behind in our list of the biggest mining companies in the world. It has several production facilities across the world and is the biggest Swiss company in terms of revenue. It is also one of the biggest contributors to greenhouse gases in the world.
Pixabay/Public Domain
2. Rio Tinto (NYSE:RIO)
Total market cap of the company (in billions of dollars): 75.5
Total revenue of the company in 2019 (in billions of dollars): 43.2
Total assets of the company in 2019 (in billions of dollars): 88
Total profits of the company in 2019 (in millions of dollars): 8,000
Total employees of the company in 2019: 46,007
The Anglo Australian company Rio Tinto was founded 147 years ago in 1873 and is engaged in the extraction of bauxite, alumina, iron ore, gold, diamonds, titanium dioxide, salt and copper among other products. The company is headquartered in Melbourne. The company has mainly grown over the decades through mergers and acquisitions, and has established itself as one of the biggest commodity companies in the world. While the primary options of the company are based in mining, it has also established a significant presence in refining.
360b/Shutterstock.com
1. BHP Group (NYSE:BHP)
Total market cap of the company (in billions of dollars): 107.1
Total revenue of the company in 2019 (in billions of dollars): 45.8
Total assets of the company in 2019 (in billions of dollars): 102
Total profits of the company in 2019 (in millions of dollars): 9,400
Total employees of the company in 2019: 80,000
Topping the list of the 5 biggest mining companies in the world is BHP Hilton, which is located in Australia and is listed in multiple stock exchanges across the world, including the New York Stock Exchange. The company came into existence in 2001, 19 years ago after the merger of two companies who can trace their history back to the mid and late 1800s. The company is engaged in the mining and production of iron ore, petroleum, coal, nickel, uranium, natural gas and copper.
In 2020, BHP was ranked as the 93rd largest public company in the entire world, even though some assets of the company were demerged in 2015. It is counted as one of the 90 companies in the world who are alone responsible for more than two-thirds of the total greenhouse gas emissions in the world not just in the current year or decade but since the industrial age began, back in 1760.
Pixabay/Public Domain
