Top 100 companies worldwide: Mining & Quarrying

Numerous industries across the globe depend on the supply of mineral commodities that are extracted from the earth’s crust. The dependency of various high-tech-industries on rare earths is a recent concern; however, coal continues to be one of the leading global energy resources. Consequently, the mining sector is pivotal to the world’s economy. In 2022, the revenue of the top 40 global mining companies, which represent a vast majority of the whole industry, amounted to approximately US$943 billion. The number of employees in the mining & quarrying industry decreased by 0.5% between 2016 and 2021.The number of large companies in the mining & quarrying industry is an indicator of the overall economic performance of that sector. Not only do these companies provide jobs for the local markets, but they are also able to achieve success in global markets, thus generating greater value.