5 Largest Mining Companies by Market Cap

3. Vale S.A. (NYSE: VALE)

Market Cap: $104.9 billion
Number of Hedge Fund Holders: 31

Vale S.A. (NYSE: VALE) is one of the biggest mining companies in Brazil. It was founded in 1942 and is the largest producer of iron ore, pellets, and nickel globally. It is the most valuable company in Latin America with its operations spanning over 30 countries. Vale S.A. (NYSE: VALE) also produces manganese, copper bauxite, potash, and cobalt.

Though the company is involved in mining operations, it is also one of the largest logistic operators in Brazil. It also operates several hydroelectric plants and a vast network of railroads, ports, and ships to carry the transportation of its products. It generated over $40 billion in revenues in 2020 and is one of the largest companies by market cap.