The top mining outfits in the United States are led by Freeport-McMoRan, which is the leading U.S. mining company based on revenue as of 2024. The company's revenue during the most recent fiscal year amounted to nearly 23.8 billion U.S. dollars1. The top mining companies in the U.S. mining industry based on market capitalization are Southern Copper Corp, Freeport-McMoRan, and Newmont Corporation1.
- Freeport-McMoRan: This is the leading U.S. mining company based on revenue, with a fiscal year revenue of nearly 23.8 billion U.S. dollars. It is a major producer of copper reserves and also produces gold and molybdenum.
- Southern Copper Corp: With a market capitalization of approximately 17.6 billion U.S. dollars, Southern Copper is the second-largest mining company in the U.S. It is headquartered in Arizona and is a significant player in copper production.
- Newmont Corporation: Newmont, with a market cap of 48.3 billion U.S. dollars, is another major mining company in the U.S. It has operations across various states and is known for its gold mining activities.
- Other notable players include Alcoa, Cleveland-Cliffs, and Peabody Energy, among others. These companies contribute to the U.S. mining industry through their operations and production of various minerals and metals.
These companies are not only significant in terms of market capitalization but also in terms of their impact on the global mining industry. They are active in exploration, production, and innovation, and their focus is on meeting the growing demand for minerals and metals essential for various industries.