What Is the Largest Mining Company in the World?

The top four mining companies in the world are Glencore, BHP, Rio Tinto, and Vale.

Glencore is the largest mining and commodity trading company globally. It is headquartered in Switzerland and operates in over 35 countries. Glencore reached a market value of $60 billion in 2021.

BHP is an Australia-based diversified mining company and the world’s largest mining firm by market capitalization at $156 billion. BHP produces major commodities like iron ore, copper, coal, nickel, etc.

Rio Tinto, also headquartered in Australia, is the world’s second largest mining company with a market cap of $116 billion. It has operations across 35 countries and produces materials including aluminum, copper, diamonds, etc.

Vale is a Brazil-based mining company and one of the top producers of iron ore and nickel globally. It has a market cap of $70 billion.

The largest US mining company by revenue in 2021 was Newmont Mining Group, generating $12.49 billion.
The US has 12,968 active mines producing minerals like copper, coal, industrial minerals, sand, and gravel. Leading US mining companies are Freeport-McMoRan, Newmont, Hecla Mining, and NACCO Industries.
Freeport-McMoRan mines copper, gold, and molybdenum across the Americas. Newmont Corporation jointly owns the two largest gold mining operations worldwide.
Hecla Mining produces over 40% of US silver. NACCO Industries is a major coal producer. The US mining industry supplies vital minerals to sectors like manufacturing, construction, and power generation. Innovations in automation, renewables, and artificial intelligence are increasing efficiency. With 784 companies, the US mining sector had $552 billion total revenue in 2021.