The Global Mining Industry, by Market Cap

What we’re showing

This graphic breaks down the market value of the entire global mining industry, as of Jan. 16, 2025, using data from Companiesmarketcap.com

Note that this data only covers publicly-traded companies.

Australia and Canada Lead 🏆

Australia tops the list, with its major mining companies totaling $353 billion in market capitalization. The country is home to two of the biggest miners in the world, BHP and Rio Tinto.

Rich in minerals, Australia is the world's largest producer of iron ore, essential for steel production, and lithium, a key component in batteries.

While Canada’s economy has struggled to keep pace with its southern neighbor, its mining industry remains formidable.

The country’s mining sector has a combined market capitalization of $344 billion, making it the second-largest globally.

Canada, the world’s second-largest country by land area after Russia, has vast natural resource wealth. It is particularly rich in gold, copper, nickel, and potash.

United States with miners totaling $228 billion and China with companies totaling $206 billion come in third and forth, respectively.