Mining is one of the world's oldest industries. It mainly includes the exploration, production, and processing of metals and minerals located in the Earth’s crust. Metals and minerals are essential for many other industries.
The mining industry will play an important role in facilitating the global clean energy transition, as minerals are an integral component of renewable energy technologies.
Revenue of the leading mining companies worldwide from 2005 to 2021, with a forecast for 2022 (in billion U.S. dollars)
Further details: Visit original statistic Revenue of the leading mining companies worldwide from 2005 to 2021, with a forecast for 2022 (in billion U.S. dollars)
As of 2021, the most recent data available, the combined revenue of the top 40 global mining companies amounted to 925 billion U.S. dollars. That was the highest revenue ever recorded by the industry, and a notable rise from the revenue in 2010, which was less than half that amount. The industry’s actual revenue figure for 2022 remains to be seen, but a projected figure suggests that it may exceed one billion U.S. dollars.
Mining industry worldwideProduction volume of selected leading mineral commodities worldwide in 2022 (in 1,000 metric tons)
Further details: Visit original statistic Production volume of selected leading mineral commodities worldwide in 2022 (in 1,000 metric tons)
The most exploited commodities worldwide based on production volume are coal, iron ore, bauxite, and potash. While comparing the production and consumption volume of one mineral to another does not necessarily make sense due to vastly differing end-use contexts, it is nevertheless an interesting comparison to make. In terms of revenue, iron ore and copper are the most profitable segments of many of the world's leading diversified mining companies.
Iron ore mining industry worldwideProjected adoption rate of selected technologies in the mining industry worldwide in 2025
Further details: Visit original statistic Projected adoption rate of selected technologies in the mining industry worldwide in 2025
The future is here, and the adoption of technology and automation in the global mining industry for enhanced safety, productivity, and cost reduction is slowly but surely occurring. With the market value of smart mining expected to exceed 20 billion U.S. dollars worldwide by 2025, the industry is evidently moving towards these new processes. Further, from 2018 to 2020, industry concerns about cyber threats against these technological measures have waned.
Market value of smart mining2023 ranking of the leading mining companies worldwide based on revenue (in billion U.S. dollars)
Further details: Visit original statistic 2023 ranking of the leading mining companies worldwide based on revenue (in billion U.S. dollars)
Several well-established multinational mining companies consistently lead the global mining industry based on annual revenue. The Swiss-headquartered Glencore is the world's largest mining company of all, with annual revenue amounting to 256 billion U.S. dollars in 2022. In 2020, the company's revenue hit its lowest point in a decade, to 142 billion U.S. dollars, which highlights the impact of the coronavirus pandemic on mining activity and mineral commodity prices.
Glencore
The mining, metals, and minerals category provides information about the mining industry, and by extension, about mineral and metal commodities. Statista's coverage of these topics spans from the exploration, reserves, and production of minerals and metals, to the consumption and end-uses of these products. Trade data, prices, major producing regions, and mining companies are also covered.
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