Charted: The Global Mining Industry, by Market Cap
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This graphic breaks down the market value of the entire global mining industry, as of Jan. 16, 2025, using data from Companiesmarketcap.com.
Note that this data only covers publicly-traded companies.
Australia and Canada Lead
Australia tops the list, with its major mining companies totaling $353 billion in market capitalization. The country is home to two of the biggest miners in the world, BHP and Rio Tinto.
Rank | Country | Company | Market Cap (USD) |
1 | 🇦🇺 Australia | BHP Group | 125B |
2 | 🇨🇳 China | China Shenhua Energy | 103B |
3 | 🇦🇺 Australia | Rio Tinto | 97B |
4 | 🇺🇸 U.S. | Southern Copper | 77B |
5 | 🇺🇸 U.S. | Freeport-McMoRan | 58B |
6 | 🇨🇭 Switzerland | Glencore | 55B |
7 | 🇸🇦 Saudi Arabia | Maaden | 49B |
8 | 🇺🇸 U.S. | Newmont | 48B |
9 | 🇨🇦 Canada | Agnico Eagle Mines | 43B |
10 | 🇮🇩 Indonesia | Bayan Resources | 42B |
11 | 🇲🇽 Mexico | Grupo México | 39B |
12 | 🇦🇺 Australia | Fortescue | 36B |
13 | 🇬🇧 UK | Anglo American | 37B |
14 | 🇧🇷 Brazil | Vale | 37B |
15 | 🇨🇳 China | Zijin Mining | 57B |
16 | 🇮🇳 India | Coal India | 27B |
17 | 🇨🇦 Canada | Barrick Gold | 28B |
18 | 🇨🇦 Canada | Wheaton Precious Metals | 27B |
19 | 🇨🇦 Canada | Nutrien | 26B |
20 | 🇨🇦 Canada | Franco-Nevada | 24B |
21 | 🇨🇦 Canada | Teck Resources | 22B |
22 | 🇨🇦 Canada | Cameco | 22B |
23 | 🇬🇧 UK | Antofagasta | 21B |
24 | 🇮🇳 India | Vedanta | 20B |
25 | 🇷🇺 Russia | Nornickel | 18B |
26 | 🇨🇦 Canada | Ivanhoe Mines | 15B |
27 | 🇨🇳 China | Yanzhou Coal Mining | 15B |
28 | 🇨🇦 Canada | Kinross Gold | 13B |
29 | 🇦🇺 Australia | Northern Star | 12B |
30 | 🇷🇺 Russia | Severstal | 11B |
31 | 🇨🇦 Canada | First Quantum Minerals | 11B |
32 | 🇰🇿 Kazakhstan | Kazatomprom | 10B |
33 | 🇦🇺 Australia | South32 | 10B |
34 | 🇺🇸 U.S. | Royal Gold | 9B |
35 | 🇨🇳 China | Ganfeng Lithium | 9B |
36 | 🇸🇪 Sweden | Boliden | 8B |
37 | 🇨🇦 Canada | Alamos Gold | 8B |
38 | 🇨🇦 Canada | Pan American Silver | 8B |
39 | 🇨🇳 China | Tianqi Lithium | 7B |
40 | 🇦🇺 Australia | Evolution Mining | 7B |
41 | 🇨🇦 Canada | Lundin Mining | 7B |
42 | 🇮🇳 Indonesia | NMDC | 7B |
43 | 🇨🇦 Canada | Lundin Gold | 6B |
44 | 🇮🇩 India | United Tractors | 6B |
45 | 🇯🇵 Japan | Sumitomo Metal Mining | 6B |
46 | 🇲🇽 Mexico | Fresnillo | 6B |
47 | 🇵🇱 Poland | KGHM | 6B |
48 | 🇿🇦 South Africa | Harmony Gold | 6B |
49 | 🇬🇧 UK | Endeavour Mining | 5B |
50 | 🇿🇦 South Africa | Impala Platinum | 5B |
| 🌍 Global Total | All Companies Combined | 1.4T |
Rich in minerals, Australia is the world’s largest producer of iron ore, essential for steel production, and lithium, a key component in batteries.
While Canada’s economy has struggled to keep pace with its southern neighbor, its mining industry remains formidable.
The country’s mining sector has a combined market capitalization of $344 billion, making it the second-largest globally.
Canada, the world’s second-largest country by area after Russia, has vast natural resource wealth. It is particularly rich in gold, copper, nickel, and potash.
United States with miners totaling $228 billion and China with companies totaling $206 billion come in third and forth, respectively.
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