Mining - Statistics & Facts
Statistics and facts about mining
Numerous industries worldwide depend on the supply of commodities from underground such as minerals and metals. The dependency of various high-tech-industries on rare earths is a recent issue – coal, on the other hand, is still one of the leading global energy resources. Consequently, the mining sector is pivotal to the world’s economy. The global top 40 companies, which represent a vast majority of the whole industry, reported some 402 billion U.S. dollars of revenue in 2015. The net profit margin of this industry decreased from 25 percent in 2010 to four percent in 2013, before decreasing by some 26 percent from 2014 to 2015.
In terms of volume, the most exploited commodities worldwide are coal, iron ore, bauxite, and potash. China and the United States are the top coal producing countries. Iron ore mining is also dominated by China, with Australia in second place. Thus, China is becoming the top mining country for many commodities, especially for the highly demanded rare earths, of which China produced over 83 percent of the global production in 2016. Additionally, China is the world’s leading country in the mine production of gold.
The industry’s top companies based on market value are Anglo-Australian BHP Billiton and Rio Tinto, followed by China Shenhua Energy. As of June 2015, BHP Billiton had a market value of 122 billion U.S. dollars. Measured by revenue, the top company active in mining worldwide is Anglo-Swiss Glencore, generating some 153 billion U.S. dollars in 2016. However, it has to be taken into consideration that a large share of Glencore’s revenues come from commodity trading. Interestingly, Newmont Mining is the only U.S. mining company among the global leaders.
The mining and metals sector has been very vibrant in terms of mergers and acquisitions over the last few years. In 2010, a record high of 1,123 deals worldwide was reported, a number which stood at only 392 about ten years earlier. In 2016, some 477 deals worth around 44 billion U.S. dollars were done. In terms of value, the major commodities targeted by these transactions included gold, coal, and copper.
In the United States, mining has always played an important role. Its relevance increases all the more whenever mining includes the extraction of oil and gas, and support activities for mining, as some sources do. The total U.S. mining gross output in 2015 amounted to 449 billion U.S. dollars, a notable decrease from the gross output in the previous year. In the same year, the whole sector employed around 748 thousand people.
Photo: Wikimedia / Dr. Günther Pinzke
|Global key figures||Statistic|
|Total revenue of the top mining companies worldwide||402bn USD||Details →|
|Total assets of the top mining companies worldwide||1,047bn USD||Details →|
|Total operating expenses of the top mining companies worldwide||390bn USD||Details →|
|Maximum extraction duration of a diamond mine in years||27||Details →|
|Major commodities by country||Statistic|
|China leads in hard coal production (million metric tons)||3,387.2m t||Details →|
|Chile leads in copper mine production (1,000 metric tons)||5,500k t||Details →|
|Australia is second in mine production of gold||270t||Details →|
|Market value of BHP Billiton (Australia/UK)||122.3bn USD||Details →|
|Revenue of Glencore Xstrata (UK)||153bn USD||Details →|
|Total revenue of Rio Tinto||33781m USD||Details →|
|Deals and acquisitions||Statistic|
|Total value of deals in the mining and metal sector worldwide||44.3bn USD||Details →|
|Average value of deals in the mining and metal sector worldwide||111m USD||Details →|
|Largest global mining and metals acquisition in 2015||Shareholders' acquisition of BHP Billiton||Details →|
|Gross output of total U.S. mining industry||449.1bn USD||Details →|
|Gross operating surplus of total U.S. mining industry||198,018m USD||Details →|
|Value added by total U.S. mining industry||327,796m USD||Details →|
|Leading U.S. mining company based on revenue||Alcoa||Details →|
- Gross output of total U.S. mining industry 1998-2015Gross output of total U.S. mining industry 1998-2015
Gross output of total United States mining industry from 1998 to 2015 (in billion U.S. dollars)*
- Total revenue of the top mining companies 2002-2015+Total revenue of the top mining companies 2002-2015
Total revenue of the top mining companies worldwide from 2002 to 2015 (in billion U.S. dollars)*
- Global top mining companies based on market value 2015+Global top mining companies based on market value 2015
Top mining companies worldwide based on market value in 2015 (in billion U.S. dollars)
- 2017 global list of top mining companies based on revenue2017 global list of top mining companies based on revenue
- Monthly price of nickel at LME 2016-2017Monthly price of nickel at LME 2016-2017
- Iron ore prices monthly 2016-2017Iron ore prices monthly 2016-2017
- Global iron ore production gross weight 2006-2014Global iron ore production gross weight 2006-2014
- Global iron ore production iron content 2006-2014Global iron ore production iron content 2006-2014