List of the Largest Mining Companies by Revenue
Mining technology employs a wide variety of machines to extract mineral resources from the earth. These companies have different strategies and objectives, but all aim to be the largest mining company by revenue. Here is a list of the top 10 largest mining companies by revenue as of 2022:
Glencore is a mining company that takes in $220 billion in revenue each year. They are found in the USA and throughout Switzerland their headquarters. The company mines about 60% of the world’s tradable zinc and 9% of the world’s tradable copper.
BHP is a mining company that takes in $43 billion in revenue each year. They are headquartered in Australia and have operations in over 25 countries. The company mines copper, iron ore, metallurgical coal, and thermal coal.
Rio Tinto has an estimated $40 billion in revenue each year, placing them just behind BHP. The company is headquartered in the UK and has operations on every continent except for Antarctica. The company mines aluminum, bauxite, copper, diamonds, gold, iron ore, and uranium.
China Shenhua Energy:
This company takes in $38 billion in revenue each year and is the largest state-run coal mining company in China. They have operations in Inner Mongolia, China as well as Australia, and a few other countries.
Vale has its headquarters in Brazil, and it has a revenue of roughly $37 billion. The company mines aluminum, copper, diamonds, gold, iron ore, manganese, and nickel.
Anglo American is a UK-based mining company that takes in $27 billion in revenue each year. The company has operations all over the globe, including in countries such as Chile, Brazil, Australia, and South Africa.
These are some of the top players in the mining industry today, and the list is ever-changing as more and more companies are investing in mining sites worldwide.
This post was written by Justin Tidd, Director at Becker Mining Communications! For over 15 years, Becker Communications has been the industry’s leader in increasingly more sophisticated electrical mining communication systems. As they expanded into surface mining, railroads, and tunneling they added wireless communication systems, handheld radios, tagging and tracking systems, as well as gas monitoring.