Top 10 Mining Companies in the World by Market Cap

BHP, Rio Tinto, Glencore Plc, Vale SA, and China Shenhua Energy Co Ltd are the top 5 mining companies in the world in 2022 by market cap (as of December 31, 2022). Cumulatively, the top 5 Mining companies in the world had a total market cap of $513,431 million (as of December 31, 2022), with BHP having the highest ($156,676 million), followed by Rio Tinto ($116,178 million), and Glencore Plc ($85,035 million), while China Shenhua Energy Co Ltd is the lowest ($75,189 million). An Australia-based BHP is the world’s leading Mining company by market cap (as of December 31, 2022). The company reported revenues of $65,098 million for the fiscal year ended June 2022 (FY2022), an increase of 14.4% over FY2021. The company carries out the exploration, development, production, and processing of mineral resources. It discovers, acquires, and markets various commodities including iron ore, coal, nickel, copper, lead, silver, potash, molybdenum, uranium, zinc, and gold. BHP employed 37,908 people in 2022. The United Kingdom-based Rio Tinto is another leading Mining company in the world by market cap (as of December 31, 2022). The company reported revenues of $55,554 million for the fiscal year ended December 2022 (FY2022), a decrease of 12.5% over FY2021. The company carries out the mining, exploration, and processing of various mineral resources. It supplies a range of minerals and metals, including aluminum, diamonds, uranium, copper, gold, and iron ore. Rio Tinto also supplies industrial minerals such as borax, titanium dioxide, and salt. Rio Tinto employed 54,000 people in 2022.