Top 10 mining companies powering global industries with $604.78 bn in revenue 2024

The mining sector, a cornerstone of the global economy, supplies the raw materials essential for industries ranging from construction and technology to energy and consumer goods. In 2024, the world’s top 10 mining companies accounted for an impressive, combined revenue of $604.78 billion, highlighting their vital role in shaping modern life.

The industry giants like Glencore, Jiangxi Copper, and BHP Group, mine everything from precious metals to industrial minerals and energy resources. These companies not only fuel global supply chains but also support technological advancements and infrastructure development, providing the backbone for innovations such as renewable energy solutions and electric vehicles.

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With operations spanning continents, the list showcases a mix of multinational corporations headquartered in economic powerhouses like China, the United Kingdom, Switzerland, Australia, and Brazil. Despite facing market fluctuations and global challenges, these companies continue to dominate through scale, innovation, and sustainability.

According to Investopedia, here are the top 10 mining companies Powering Global Industries with $604.78 Billion in Revenue 2024

1. Glencore PLC (GLNCY)

With a massive revenue of $225.97 billion, Glencore is a Switzerland-based mining and trading powerhouse operating in over 35 countries with over 150,000 workforces of both employees and contractors. 60 commodities Known for its expertise in metals, minerals, energy, and agriculture, the company serves sectors like automotive and energy. Despite recent financial challenges, Glencore remains pivotal in global supply chains. Its market cap of $65.90 billion reflects its scale, though its 1-year return dipped by -1.61%. Listed on the OTC Exchange, Glencore’s extensive global presence and resilience define its success.

2. Jiangxi Copper Co. Ltd. (600362)

China’s largest copper producer, Jiangxi Copper, earned $73.70 billion in revenue by mining copper cathodes, gold, silver, and sulfuric acid. It supports modern industries like electronics and renewable energy with its innovative and sustainable practices. With a market cap of $7.03 billion and operations listed on the Shanghai Stock Exchange, its prominence in the mining sector is undeniable. Although its 1-year return is unavailable, Jiangxi Copper’s commitment to growth makes it a cornerstone of China’s industrial future.

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3. BHP Group Ltd. (BHP)

Generating $55.22 billion in revenue, BHP is an Australian mining titan with operations in coal, iron ore, copper, and gold. It is at the forefront of the global decarbonisation movement, supplying materials vital for clean energy solutions like wind turbines and EVs. With a market cap of $139.73 billion and a listing on the NYSE, BHP’s scale is unmatched. However, its 1-year return of -1.77% reflects market volatility. As a global leader, BHP’s vision aligns with sustainable industrial progress.

4. Rio Tinto PLC (RIO)

UK-based Rio Tinto, with a revenue of $53.96 billion, mines a diverse portfolio including aluminum, copper, diamonds, and iron ore. Operating across six continents, it champions sustainable and innovative mining practices for industries like construction and technology. Listed on the NYSE with a market cap of $107.28 billion, Rio Tinto boasts a strong 1-year return of 3.75%. Its global reach and environmental initiatives make it a key player in shaping modern infrastructure.

5. Vale SA (VALE)

Vale, a Brazilian mining giant, earned $42.04 billion in revenue by producing iron ore, nickel, and manganese—critical for steelmaking and battery production. Its extensive logistics network, including railroads and maritime terminals, bolsters its global operations. Listed on the NYSE with a market cap of $45.61 billion, its 1-year return of -15.42% reflects recent market challenges. Vale’s focus on innovation and sustainability keeps it at the forefront of global resource supply.

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6. Zijin Mining Group Co. Ltd. (ZIJMF)

With $40.20 billion in revenue, Zijin Mining is a Chinese leader in gold, copper, and zinc production. Its efficient operations and strategic acquisitions drive its dominance in the mining sector. Listed on the OTC Exchange with a market cap of $54.47 billion, it posted an impressive 1-year return of 26.67%. As a global player, Zijin is setting new benchmarks in mining innovation and sustainability.

7. Aluminum Corporation of China Ltd. (ACHHY)

Commonly known as Chalco, this Chinese mining giant generated $32.00 billion in revenue through aluminum and bauxite production. It also invests in renewable energy, including wind and solar power. Listed on the OTC Exchange with a market cap of $15.01 billion, it achieved a stellar 1-year return of 43.55%. Chalco is a key player in global sustainability, serving industries like transportation and packaging.

8. Anglo American PLC (AAUKF)

Earning $29.54 billion in revenue, Anglo American is a UK-based mining giant producing diamonds, platinum, copper, and nickel. Known for ethical mining, it supports modern infrastructure and renewable energy industries worldwide. Listed on the OTC Exchange with a market cap of $38.87 billion, it delivered a solid 1-year return of 14.23%. Anglo American’s commitment to sustainability and innovation cements its global prominence.

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9. Hindalco Industries Ltd. (HNDNF)

With $26.47 billion in revenue, Hindalco is India’s leading aluminum and copper producer and part of the Aditya Birla Group. Its acquisition of Novelis boosted its global footprint, particularly in automotive and aerospace. Listed on the OTC Exchange with a market cap of $18.36 billion, it achieved an impressive 1-year return of 44.64%. Hindalco’s focus on innovation and sustainability makes it a key global player.

10. CMOC Group Ltd. (CMCLF)

CMOC, formerly China Molybdenum, earned $25.68 billion in revenue by mining rare and non-ferrous metals like tungsten and cobalt. Operating across Asia, Africa, and South America, its materials are vital for renewable energy and advanced technology. Listed on the OTC Exchange with a market cap of $22.08 billion, CMOC achieved a remarkable 1-year return of 37.83%. Its commitment to sustainability and diversification secures its global standing.