Revenue of the leading mining companies in the United Kingdom (UK) 2019
At 174.6 billion British pounds, Glencore was by far the biggest mining company in the UK in terms of revenue in 2019. This was approximately five times more than BHP. The British-Swiss multinational company Glencore operates in more than 50 countries worldwide and generated 34.58 percent of its revenue in Europe in 2018.
Global company comparisons
Glencore was not just the biggest mining company in the United Kingdom in 2019. In the same year, this company had a higher revenue than any other leading mining company worldwide, including BHP, Rio Tinto and China Shenhua. However, in terms market capitalization, the Anglo-Australian company BHP (formerly BHP Billiton) was ranked highest, with a market cap of 120.87 billion U.S. dollars.
UK mining industry turnover in decline
Although companies such as Glencore recorded huge revenues globally, the UK mining and quarrying industry saw its turnover decrease significantly between 2008 and 2017. In 2008, the turnover of this sector amounted to 80 billion euros, but over the following decade dropped by approximately half.
Global company comparisons
Glencore was not just the biggest mining company in the United Kingdom in 2019. In the same year, this company had a higher revenue than any other leading mining company worldwide, including BHP, Rio Tinto and China Shenhua. However, in terms market capitalization, the Anglo-Australian company BHP (formerly BHP Billiton) was ranked highest, with a market cap of 120.87 billion U.S. dollars.
UK mining industry turnover in decline
Although companies such as Glencore recorded huge revenues globally, the UK mining and quarrying industry saw its turnover decrease significantly between 2008 and 2017. In 2008, the turnover of this sector amounted to 80 billion euros, but over the following decade dropped by approximately half.
