At present, the mining industry has transformed itself into a global industry and stretches all over the planet. In the subsequent paragraphs, we will take a look at the top 6 mining companies as well as the main products produced by them.
1. Freeport McMoRan
This particular company has the reputation of being a leading global player in the copper, gold, as well as molybdenum markets. This company operates across South America Copper Mines, North America Copper Mines, Africa Mining, Indonesia Mining plus Molybdenum. The organization can boast of having a significant amount of gold, copper, and molybdenum reserve at present. Right now, Freeport McMoRan is considered to be the biggest publicly traded producer of copper on the planet. In fact, as on December 2016, it stands at a projected total of 26.1 million ounces of gold, 86.8 billion lbs. of copper, as well as 2.95 billion lbs. of molybdenum.
2. Norlisk Nickel
Norlisk Nickel, a Russian based mining company, is considered to be the biggest producer of palladium and nickel in the world, and it is likewise amongst the planet’s biggest copper and platinum producers. Apart from this, this company is also known to produce rhodium, cobalt, silver as well as gold. Norlisk Nickel has several operations throughout the planet which includes Australia, Finland, Africa, and also Russia.
3. Rio Tinto
Rio Tinto, which came into being in the year 1962, is amongst the leading mining companies on earth at present. It operates through as many as 5 product groups which include Copper, Aluminium, Diamonds plus Minerals, Energy as well as Iron Ore. The company performs its mining operations in approximately 32 nations which include France, Brazil, Chile plus Canada; however, the strongest footprint of this mining company happens to be in North America and Australia.
4. Coal India
Next, in this list, we will mention about Coal India which happens to be an emerging mining company out there and includes the entire range of coal reserve identification, comprehensive exploration as well as designing plus the implementation of coal extraction operations in its coal mines. This company, which is based in India, has the reputation of producing approximately 84% of the total coal in the country and caters to as many as 98 thermal power plants in the subcontinent. Besides this, Coal India likewise provides employment to more than 3 lakh individuals.
Glencore, which is actually based in Australia and the UK, happens to be a premier integrated commodity trader plus producer which operates across the globe. Glencore’s business covers in excess of 90 commodities which include energy products, metals, and minerals, agricultural products, not to mention related logistics and marketing activities as well. All these communities are traded in South Africa, Hong Kong, as well as the UK. Glencore receives support from more than 90 offices spread across 50 nations while providing employment to over 160,000 folks.
Last, in this list, we will talk about Alcoa which is located in the US and was founded in the year 1888. It happens to be a leading manufacturer of aluminum and also produces other metals. Aluminum produced by the company is used for various purposes including vehicles, aircraft, packaging, commercial transportation, not to mention oil and gas as well. There are as many as 7 bauxite mines owned by this company at present that are known to produce more bauxite as compared to any other company out there.