The world’s biggest revenue-generating companies are mostly based in Asia and Europe, especially companies dealing with copper, iron ore, and coal.
Here are TOP 10 Metal and Mining Companies by revenue in 2018.
- Glencore Plc ($219.75bn)
Glencore is a Switzerland-based diversified natural resources company specializes in metals, minerals, energy products, and agricultural products. The energy products segment contributed to the highest revenue of Glencore, followed by metals and minerals.
- ArcelorMittal ($76.03bn)
ArcelorMittal, a steel and mining company based in Luxembourg, has 5 segments, namely: NAFTA, Brazil, Europe, ACIS, and Mining. The European segment was the highest revenue generator, followed by NAFTA.
- Rio Tinto ($40.52bn)
Rio Tinto which operates in 35 countries, is an Australia-based mining company specializes in iron ore, aluminum, copper and diamonds, and energy and minerals. The highest revenue came from its iron ore business.
- BHP ($37.57bn)
BHP is an Australian natural resources company. The company specializes in petroleum, copper, iron ore, and coal exploration and production. Iron ore generated the highest revenue.
- Vale SA ($35.93bn)
A Brazil-based mining company which operates on ferrous minerals, coal, base metals, and fertilizers. The highest revenue came from the ferrous mineral segment (iron ore, iron ore pellets, manganese, ferroalloys, etc).
- Jiangxi Copper Co Ltd ($31.5bn)
Jiangxi is a mining company based in China, focused on copper, gold, silver, lead, and other minerals production.
- Anglo American Plc ($27.61bn)
Anglo American, a UK-based mining company which specializes in diamonds, copper, platinum group minerals, iron ore, coal, nickel, and manganese, etc. Coal segment posted the highest revenue.
- Aluminium Corporation of China Limited / Chalco ($24.08bn)
Is a China-based mining company with 4 main business divisions: Alumina, Primary Alumina, Trading, and Energy. The trading division contributed to the highest revenue of this company.
- Tata Steel Ltd ($22.64bn)
Tata Steel is part of India-based conglomerate company Tata Group. Tata Steel India contributed the highest revenue for the company, followed by Tata Steel Europe.
- Freeport-McMoRan Inc ($18.62bn)
A US-based mining company focuses on exploration and production of copper, gold, and molybdenum. Copper operation emerged the highest revenue generator for this company, followed by gold and molybdenum.