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Revenue of the leading mining companies in the United Kingdom (UK) 2018

Annual Revenue value of the leading mining companies in the United Kingdom (UK) in 2018 (in billion GBP)*

by Ian Tiseo, last edited Aug 9, 2019
Revenue of the leading mining companies in the United Kingdom (UK) 2018 At 168 billion British pounds, Glencore was by far the biggest mining company in the UK in terms of revenue in 2018. This was around 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 2018. 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 132.31 billion U.S. dollars, compared to Glencore’s 75.05 billion.

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.
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Annual Revenue value of the leading mining companies in the United Kingdom (UK) in 2018 (in billion GBP)*

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