Top 10 Mining Companies in the World in 2021 by Total ROM
Coal India Ltd, Rio Tinto, BHP, Vale SA, and Freeport-McMoRan Inc are the 5 top mining companies in the world in 2021 by total ROM. Comprehensively, the top 10 mining companies in the world had a total ROM of 3,950 (MMT) where Coal India Ltd was the highest (661 MMT) and Vulcan Materials Co was the lowest (222 MMT). In total, they generated revenue of $514,447 million with an average revenue growth increase of 38.5%. The highest revenue increase was posted by Fortescue Metals Group Ltd (73.8%), followed by Freeport-McMoRan Inc (60.9%), and the lowest revenue increase was posted by Vulcan Materials Co (14.3%). In terms of the geographical split, 2 out of the world's top 10 mining companies are based in Europe, while 4 are based in South America and North America, and the remaining 4 are based in Asia and Oceania. They employed a total of 632,027 people in 2021. The India-based Coal India Ltd is the leading mining company in the world (by total ROM). The company reported revenues of $12,193 million for the fiscal year ended March 2021 (FY2021). The company is a government-owned coal mining company. It produces coal and coal-based products. Its portfolio of products includes coking coal, semi-coking coal, non-coking coal, hard coal, washed and beneficiated coal, coal fines, heavy oil, and coke. The company operates through 84 mining areas in eight states of India. As of April 2020, the company had 352 mines including 174 open-cast mines, 158 underground mines, and 20 mixed mines. It also operates 12 coal washeries including 10 coking and two non-coking washeries. It owns and operates 26 training institutes. The company employs 248,550 people. Rio Tinto is one of the leading mining companies in the world (by total ROM). The company reported revenues of $63,495 million for the fiscal year ended March 2021 (FY2021), an increase of 42.3% over FY2020. The company is an international metals and mining company that carries out the mining, exploration, and processing of various mineral resources, and employs 49,000 people.