Latin America: main mining companies 2018, by net sales

In 2018, Brazilian Vale S.A. was the leading mining company in Latin America based on net sales, having generated a value of 34.6 billion U.S. dollars. It was the only Brazilian mining company to make the ranking. Founded as Companhia Vale do Rio Doce, the company is one of the largest iron ore producers in the world, with an output of over 300 million metric tons in 2019.

The power of copper in Latin America

Out of the remaining nine leading mining companies in Latin America, eight operate primarily in the production of copper (the only exception is Mexican Industria Peñoles, a leader in gold and silver production).
Chile, the world’s largest copper producer, occupied half of the positions on the ranking that year. The second largest mining company in the region – Corporación Nacional del Chile, commonly known as Codelco - is a state-owned enterprise headquartered in Santiago, which accounted for 29 percent of the domestic copper output in 2019. Meanwhile, Minera Escondida (controlled by Australian company BHP Billiton) operates the largest copper mine in the world, despite ranking fifth in Latin America in terms of revenue. Completing the podium in 2018 was Grupo México, which has reported annually increasing sales revenues in the past years, with copper sales representing more than 60 percent of the company’s total. Grupo Mexico was followed by America’s Mining Corporation, one of its subsidiaries.

Leading mining companies in Latin America in 2018, by net revenue

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

only $59 / month *
in the first 12 months
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

July 2019

Region

Central and South America, Mexico

Survey time period

2018

Supplementary notes

Figures have been rounded.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 / Month *
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Mining"

Further Content: You might find this interesting as well

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.