Gross output of total U.S. mining industry from 1998 to 2014 (in million U.S. dollars)*

This statistic shows the gross output of the U.S. mining industry from 1998 to 2014. In 1998, the gross output of this industry came to around 149 billion U.S. dollars.


U.S. mining industry

The mining industry in the United States is a huge sector – especially when oil and gas extraction is included. In 2013, the industry generated a gross output of more than 660 billion U.S. dollars. Back in 2000, this figure stood at just 216 billion. The value added through this industry was nearly 454 billion U.S. dollars in 2014, while this figure was around 140 billion ten years earlier. Employment in this industry has steadily been increasing over time. In 2001, employment stood at 540 thousand, a decade later this figure had increased to over 700 thousand.

The leading U.S. metal and mineral mining companies are Alcoa from Pittsburgh, Nucor from Charlotte, Freeport-McMoRan from Phoenix, and Newmont Mining from Denver. Alcoa is a major player in the aluminum business, covering all segments of production from mining to recycling. In 2014, this company generated some 24 billion U.S. dollars in revenue.

However, U.S. companies are not among the top five mining companies worldwide. The most predominant company worldwide is British-Swiss corporation Glencore International, which is active in every segment of the commodity business. In total, Glencore made approximately 221 billion U.S. dollars worth of revenue in 2014. Although, a large part of this amount was not made from businesses connected with mining. Globally, the top 40 mining companies make nearly 500 billion U.S. dollars of revenue together.

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 Gross output in million U.S. dollars
2014 666,540
2013 619,908
2012 570,183
2011 556,072
2010 463,320
2009 380,404
2008 592,364
2007 471,448
2006 439,923
2005 391,764
2004 297,766
2003 250,546
2002 193,988
2001 224,239
2000 216,256
1999 153,948
1998 149,086
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