In the U.S., the number of models available for sale is expected to double by 2024. All figures as of May 18, 2021. In addition, it also produces platinum, rhodium, copper, gold, silver, iridium, selenium, ruthenium, and tellurium. Glencore is an Anglo-Swiss mining company with headquarters in Baar, Switzerland. Are you interested in testing our corporate solutions? Shenhua Energy is also responsible for generating coal-based power to the regional and provincial electric companies through its power plants in the country. After initially offering safe harbour for investors, gold has now also succumbed to weakness dropping to nine month lows this week. According to the U.S. Department of Energy, there are just 48 hydrogen stations across the entire country. No doubt, 2018 will be about evaluating opportunities and making the right business decisions to sustain the current market optimism. As a result, the company recorded the largest jump in its ranking, rising to 10th from 36th at the end of 2016. Agnico Eagle is operating since 1957. Barrick Gold Corporation is next on our list of the top mining companies in the world. As a result, the company recorded the steepest drop in annual ranking, slipping five places to 15th place. It was founded in 1921 and has gold mines in Nevada, Colorado, Quebec, Mexico, Australia, Ghana, Peru, and Argentina. The two biggest by market capitalization, BHP ($179B) and Rio Tinto ($132B), both produce a range of commodities, mainly iron ore and copper. Its operations revolve around mining, refining, selling coal, and generating and selling electric power in the PRC. DuPont Sustainable Solutions buys mining consultancy Lodestone. In, Financial Times. Like Albemarle Corporation (NYSE: ALB), BHP Group (NYSE: BHP) and Rio Tinto Group (NYSE: RIO), Glencore is one of the top mining companies in the world. With a new year ahead, China continues to represent the driving force behind the industry's fundamentals. Learn more about how Statista can support your business. For example, no. Follow along live. Between 2017 and this year, the combined revenue of the 40 largest miners in the world has increased from $632 billion to $686 billion, while profitability (EBITDA) jumped by $11 billion to a total of $165 billion. This week's hearing, the committee's eighth, will be broadcast in prime time Thursday. Battery producer and refiner Ganfeng Lithium, for example, is included because it has moved aggressively downstream through acquisitions and joint ventures. Engine components are usually made up of iron alloys, such as structural steels, stainless steels, iron base sintered metals, as well as cast iron or aluminum alloyed parts. Barrick Gold Corporation (NYSE: GOLD) is known for producing copper and gold. holmescountyms.orgA Mississippi police chief has been sacked after he was recorded spewing racist and homophobic epithets and even bragged about repeatedly shooting and killing suspects.I shot that n 119 times, OK? former police chief Sam Dobbins said, according to the Mississippi Center for Investigative Reporting.On Wednesday, the Board of Aldermen in Lexington, Mississippi, chose to remove Dobbins as head of the citys police department.Video Captures California Cops Shooting a Black Man. Dollars). Since graphite is the primary anode material for EV batteries, its also the largest component by weight. ", Financial Times, Leading mining companies worldwide based on market capitalization in 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/272706/top-10-mining-companies-worldwide-based-on-market-value/ (last visited July 21, 2022), Leading mining companies worldwide based on market capitalization in 2021, Combined revenue of the top mining companies 2005-2022, Net profit of the top mining companies 2002-2022, Global leading mining companies based on market capitalization 2021, 2021 list of global top mining companies based on net income, Global mining companies based on number of employees 2021, Coal sales of Yanzhou Coal Mining 2020, by industry, Anglo American's revenue by segment 2016 & 2021, BHP's global number of employees 2015-2021, Number of employees at Yanzhou Coal Mining 2010-2020, Anglo American's global number of employees 2010-2021, Global leading silver mining companies based on market cap 2018, Market capitalization value of glass manufacturing companies India, 2018 by company, Peru: top mining companies based on export value 2016, Collahuasi: molybdenum production 2015-2017, Global top 5 mining acquisitions based on value 2014 by trader, Global top 5 iron ore deals based on value 2014, Peoles: sales revenue share 2020, by product, Sales revenue of Collahuasi 2020, by metal, Grupo Mxico: molybdenum sales revenue 2015-2019, KGHM Polska Mied sales revenues in Poland 2019-2021, by product, KGHM Group sales revenue and net profit in Poland 2014-2021, Grupo Mxico: sulfuric acid sales revenue 2015-2020, Total assets of the leading mining companies in the United Kingdom (UK) 2015, Market cap change of the largest global chemical companies by subsector 2020, Salt import value United Kingdom (UK) 2009-2014, Industry revenue of ornamental and architectural metal products in Ohio 2012-2024, Forecast: sales and services income ready-mix concrete manufacture Australia 2010-2020, Forecast: value of shipments glass container manufacture US 2008-2020, Leading mining companies worldwide based on market capitalization in 2021 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Find a brief overview of all Outlooks here, Tools and Tutorials explained in our Media Centre. Recently, Newmont Mining (NYSE: NEM) has invested $500 million to address climate change and aims to reduce greenhouse gas emissions to 30% by 2030. Two people were seriously injured and seven others needed hospital treatment for minor injuries after a shuttle bus crash at Los Angeles International Airport. To explain the process in laymans terms, hydrogen gas passes through the cell and is split into protons (H+) and electrons (e-). Market Cap: $58.5 billion Revenue in 2020: $15.5 billion. The globes largest mining companies are enjoying boom times. This growth can be attributed to the use of renewable energy which is helping the top mining companies in the world reduce power costs and control emissions in the mines. Its headquarters are in Toronto, Canada. In Q1 of 2021, Franco-Nevada Corporation (NYSE: FNV) managed to increase its revenue by 28% to $309 million, compared to the same period last year. The fuel cell uses hydrogen gas to generate electricity. Lithium and battery metals also pose a problem due to the booming market for electric vehicles and a trend towards vertical integration by battery manufacturers and mid-stream chemical companies. What to know about Meadows. The accident involving the LAX-operated bus for passengers crashed at around 12.20pm on Thursday as it made its way around the airport, Los Angele Fire Department officials say. content In Australia, mining remains the largest sector. Knotty nickel supply chain highly exposed to fresh shocks, Ford announces series of deals to accelerate EV push, BHP signs MOU for nickel supply with Ford, China approves $458m coal project in Inner Mongolia region, End of coal ban would stabilize China relations, Australia says, Column: President Bidens climate ambitions are all but dead, Column: Chinas sluggish commodity imports set to improve, but risks abound, Electronic nose closer to detecting multiple toxic gases simultaneously. 2021 global list of leading mining companies based on revenue, Number of Rio Tinto's employees 2010-2021. Quick Analysis with our professional Research Service: Toplists & Rankings: Best Employers Portal, Show sources information Whether its cooking on the grill, going on camping adventures, diving into the neighborhood pool, or lounging on the patio with friends, theres nothing quite like the great outdoors. A grand jury convenes in Detroit to investigate the Hoffa disappearance. Herbert Diess, CEO, Volkswagen Group. For general context, the Model S Plaid contains 7,920 lithium-ion cells, while the Toyota Mirai FCEV contains 330. Source: MINING.COM, Miningintelligence, Morningstar, GoogleFinance, company reports. Top 10 consulting firms for fraud, forensic and investigation services. While coal producers did well across the board, the top performer year to date and Chiles sole entry into the ranking is lithium extractor SQM. The energy transition is just beginning, and the materials used in building a more sustainable future will also build up the largest mining companies of tomorrow. Although the engine in conventional cars is heavier compared to EVs, it requires fewer minerals. This number is sure to grow, as the Biden administration has allocated $5 billion for states to expand their charging networks. "Leading Mining Companies Worldwide Based on Market Capitalization in 2021 (in Billion U.S. The Hong Kong-listed molybdenum producer saw its market valuation increase almost 169% to US$21.2 billion in 2017. The United States, Europe, and Asia are making big investments in electrification and power generation. Coal companies are the best performers on the index with Shaanxi Coal and Yanzhou Coal both up more than 65% this year and the worlds top producer, Coal India, also enjoying a bull market, up nearly 20% in 2022. For example, the average 60 kilowatt-hour (kWh) battery packthe same size thats used in a Chevy Boltalone contains roughly 185 kilograms of minerals, or about 10 times as much as in a typical car battery (18 kg). Chart. Required fields are marked *. Canadian company Dundee Precious Metals is one of the very first mining companies to introduce wireless network technology into an underground mine. Even during the pandemic, sales of Barrick Gold Corporation (NYSE: GOLD) are going strong in Q1 of 2021. Market Cap: $28.4 billion Revenue in 2020: $1.2 billion. From roads, hospitals, automobiles, houses, computers, satellites, and even fertilizer for crops, mining provides many of the materials we interact with every day. The values are based on the 2021 Financial Times Equity list of the leading global companies. Trading data from primary-listed exchange at June 30, 2022 where applicable, currency cross-rates July 4, 2022. Sales of electric cars are booming and the rising demand for minerals used in EVs is already posing a challenge for the mining industry to keep up. Toyota is expected to release its first BEV, the bZ4X crossover, for the 2023 model yearover a decade since Tesla launched the Model S. Several challenges are standing in the way of widespread FCEV adoption. Get full access to all features within our Corporate Solutions. China and the U.S. are the biggest producers of gold worldwide. Click to continue reading and see the Top 5 Mining Companies in the World. The Covid-19 also affected the mining industry where many countries ended up closing the mining operations. While most of the top 25 companies saw their market caps improve in both the fourth quarter and the year as a whole,Barrick Gold Corp.'s market cap declined quarter-on-quarter as well as year-on-year by 9%. The current Glencore company came into being in 2013 after its merger with Xstrata. Dig into the numbers beh, The American Mining Industry Responds to COVID-19 Health Crisis, DOE Action on Uranium Reserve is an Important First Step. December 2, 2021 -Northern Graphite to Acquire Two Graphite Mines from Imerys Group, Visualizing Chinas Dominance in Rare Earth Metals, Ranked: The Top 10 EV Battery Manufacturers, All the Worlds Metals and Minerals in One Visualization, How the Worlds Top Gold Mining Stocks Performed in 2020, All the Metals We Mined in One Visualization, Visualizing the Life Cycle of a Mineral Discovery, The Worlds Top 10 Gold Mining Companies, diamonds, copper, platinum, iron ore, coal. The company is also committed to tackling climate change. This causes a chemical reaction that produces water (H2O), which is then emitted out of the exhaust pipe. Market Cap: $58.9 billion Revenue in 2020: $7.98 billion. It would be nice if the list of mining stocks only contained mining stocks. Big question for Jan. 6 committee: Did Trump aide Mark Meadows help stop or fuel the insurrection? (or for that matter, that none of the men toiling to dig it from the bowels of the art demand to be paid in specie, as was the norm, for example as recently as during the excavation of the Panama Canal).
In the event, 2017 was a solid year for the industry, with greater demand for most metals, higher prices, and better financial management by mining company executives. Statista. New research among senior executives from 30+ countries has identified the globes leading consulting firms for environment, health and safety services. To use individual functions (e.g., mark statistics as favourites, set After spending time outside the top 10 last year, Glencore just pipped Vales market cap at the end of June to become the worlds third most valuable mining company. Great white shark washes up on Long Island beach in New York, police say, Prince William and Kate Middleton share new photo of Prince George in honour of his ninth birthday, Events in disappearance of former Teamsters head Jimmy Hoffa, Always Keep A Bread Clip With You When Traveling, Liz Truss vows to maintain spending and targets public service reforms, Rid Your Life (and Yard) of Mosquitos With This Cheap Perimeter System, Lady Gaga review: A spectacular freak show from a superheroine of pop, 12 Foods You Can Eat a Lot of Without Getting Fat, Jan. 6 hearing to dig into Trump's actions during attack. Accessed July 21, 2022. https://www.statista.com/statistics/272706/top-10-mining-companies-worldwide-based-on-market-value/, Financial Times. Notably missing from the BEV group is Toyota, the worlds largest automaker. You only have access to basic statistics. The market is expected to reach a value of nearly $1.86 trillion by 2022, with the increasing demand for minerals for power generation and renewables technology. The mining industry has always been a major driving force behind the world economy. Mineral Production, by State, Explained: How Interest Rate Hikes Affect Golds Price. Head office refers to operational headquarters wherever applicable, for example BHP and Rio Tinto are shown as Melbourne, Australia but Antofagasta is the exception that proves the rule. Like BHP Group (NYSE: BHP) and Rio Tinto Group (NYSE: RIO), SCCO is one of the top mining companies in the world. This shift from fossil fuels will require a lot of copper, cobalt, and lithium for batteries. In this infographic, we explain how the fuel cell electric vehicle (FCEV) works. The company mines phosphate and potash and is the largest producer of these two nutrients in the U.S. Phone: (202) 463-2600, Investing in American mining generates high-paying jobs and millions in economic stimulus. Albemarle Corporation (NYSE: ALB) has its operations in many countries including the U.S., China, Belgium, Germany, France, Austria, etc. Market capitalization calculated at primary exchange from total shares outstanding, not only free-floating shares. Coal India Ltd., which had ranked fifth in 2016, slipped four positions and ended 2017 in ninth place with a market cap of US$25.5 billion. Miners also serve the luxury market, with precious metals like gold, silver, and gemstones. Nickels wild ride ended up going nowhere with the price of the stainless steel ingredient back to where it started the year. Market Cap: $13.8 billion Revenue: $8.7 billion. DuPont Sustainable Solutions has bolstered its ranks with the acquisition of Lodestone Partners, a consultancy dedicated to operational excellence and performance improvement. Ford said it has now sourced about 70% of the battery cell capacity it needs to achieve its annual production rate of more than 2 million by late 2026. Numerous industries in the world depend on the supply of such commodities. Grasberg copper and gold mine, Papua, Indonesia. The data shows a looming mismatch between the worlds strengthened climate ambitions and the availability of critical minerals. The company does not operate mines like a typical mining company but owns a diversified portfolio of royalties and streams. With rising government support and consumers embracing electric vehicles, securing the supply of the materials necessary for the EV revolution will remain a top priority. Despite being affected by the pandemic, these companies continued to show growth in this period and contributed to the national GDP with annual revenues. Globally, it is one of the top mining companies in the world, especially gold, with a total sales volume amounted to 829 koz. Cleveland Cliffs (ranked as the 2nd worst performing stock) hasnt been an iron ore company for some two years now. Market Cap: $34.3 billion Revenue in 2020: $20.9 billion. The targeted multi-year nickel supply agreement could start as early as 2025 and may involve additional commodities over time, BHP said. List Of Healthy Foods You Can Eat Without Gaining Any Weight. Realizing its mistake, and needing to buy time, the company has resorted to lobbying against the adoption of EVs. According to Statista, in the U.S., the mining industry added over 1% value to the national GDP in 2020. The Jan. 6 committee will detail the 187 minutes between the Trump's "Stop the Steal" rally and the Capitol riot's end at its next hearing. Market Cap: $27 billion Revenue in 2020: $4.9 billion. EVs and battery storage have already displaced consumer electronics to become the largest consumer of lithium and are set to take over from the stainless steel industry as the largest end-user of nickel by 2040. The recovery of commodity prices sparked a fresh breath of optimism in the mining industry. Then you can access your favorite statistics via the star in the header. Directly accessible data for 170 industries from 50 countries Facebook: number of monthly active users worldwide 2008-2022, Smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q1 2022, Research Lead covering energy, environment, chemicals & resources, Profit from additional features with an Employee Account. Ogletree, Deakins, Nash, Smoak & Stewart, P.C. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Thats because, unlike gas cars that run on internal combustion engines, EVs rely on huge, mineral-intensive batteries to power the car. Market Cap: $54.1 billion Revenue in 2020: $12.8 billion. In this article we will take a look at the top mining companies in the world.
It was initially focused on the marketing of ferrous and non-ferrous metals and minerals when it was founded in 1974. Protons pass through the electrolyte, which is a liquid or gel material. Among the heavyweights, pureplay copper producers were hardest hit and most of those losses came in the past couple of weeks.
Fortescue Metals Group is an Australian iron ore company founded in 2003.
Electrons are unable to pass through the electrolyte, so they take an external path instead. Meanwhile, large mining groups hold over $100 billion in cash reserves. I was all set for my trip, or so I thought. E2EE protection is coming to meeting breakout rooms as well. Regular People Without Any Financial Education or Previous Experience - Can Make a Second Income In Their Free Time. Minerals listed for the electric car are based on the IEAs analysis using a 75 kWh battery pack with a NMC 622 cathode and graphite-based anode. Green hydrogen is needed for steel, chemical, aero and should not end up in cars. The companynarrowedits guidance for full-year net sales and adjusted EBITDA after a strong performance in the third quarter despite Hurricane Harvey negatively affecting earnings. Understand the science behind hydrogen fuel cell vehicles, and how they differ from traditional EVs. Please create an employee account to be able to mark statistics as favorites. EV motors, however, often rely on permanent magnets made of rare earths and can contain up to a mile of copper wiring that converts electric energy into mechanical energy. Many fear that this could put a strain on supply.
Authorities initially said that there were 30 people on board the bus but later revised that to 23 passengers and the vehicles driver. For the second time in two weeks, a child left in a parked car has died amid hot weather in Florida. Basking in multiple award nominations from movie star turns in A Star is Born and House of Gucci, Stefani Germanotta has resumed the alter ego of pop superheroine Lady Gaga, blasting out eccentric dance bangers in outrageous costumes. We decided to exclude unlisted and state-owned enterprises at the outset due to a lack of information. Market Cap: $19.1 billion Revenue in 2020: $3.12 billion. As Wired reports, Toyota placed all of its chips on hydrogen development, ignoring the fact that most of the industry was moving a different way. A dead great white shark washed ashore Wednesday on a beach in Long Island, New York. A key question looms for the Jan. 6 committee tonight: What does Chief of Staff Mark Meadows know about Trump's actions to overturn the election? Operation Blooming Onion alleges that a criminal organization subjected seasonal farmworkers to forced labor and cramped and dirty living conditions. In 2020, the company made a total global economic contribution of $17.2 billion. After a brutal second quarter, investors in the worlds 50 biggest mining companies are in full retreat as metal prices slump and uncertainty grips the sector. Financial Times. Its reasonable to think that after this success, BEVs would be a natural next step. Polyus also holds the worlds largest gold reserves with 104 million ounces of proven gold reserves. The growth of the EV market is not only beginning to have a noticeable impact on the automobile industry but the metals market as well. Market Cap: $56.6 billion Revenue in 2020: $11.5 billion. Zijin Mining has operations in over 12 countries and 14 provinces in the Peoples Republic of China. It was washed back to sea before police arrived. Former White House Chief of Staff Mark Meadows is one of the Trump officials at the center of the Jan. 6 committee's work. This structural shift is moving at an incredible ratein China, 3 million BEVs were sold in 2021, up from 1 million the previous year. China Molybdenum Co.saidat the end of October that its third-quarter net profit attributable to owners of the parent ballooned almost eleven-fold to 769.4 million Chinese yuan. "Leading mining companies worldwide based on market capitalization in 2021 (in billion U.S. Newmont Mining (NYSE: NEM) is the largest gold mining company in the world. The company, owned by the wealthiest man in Russia, is the worlds biggest producer of palladium, used in vehicles catalytic converters. The strategy consulting market has been rocked by the news that accounting and consulting firm PwC has closed a deal to acquire Booz & Company, one of the globes leading strategic consulting firms. The company is widely known for its innovative infrastructure and mining assets in Pilbara, Western Australia. The company was founded in 1952 and is headquartered in Mexico City, Mexico. More than 200 FBI agents are assigned to the case in New Jersey, Detroit and at least four other cities. How Much Land is Needed to Power the U.S. with Solar? (. Today, it is one of the largest diversified natural resource companies, producing and trading more than 90 commodities. At the beginning of the pandemic, the Philippines banned vessels from entering Surigao del Norte, which resulted in a 30% loss of nickel production. In 2021, Wheaton Precious Metals Corp. (NYSE: WPM) aims to produce over 370,000 to 400,000 ounces of gold. Confronted with a losing hand, Toyota is doing what most large corporations do when they find themselves playing the wrong gameits fighting to change the game. Percentage change based on US$ market cap difference, not share price change in local currency. Franco-Nevada Corporation (NYSE: FNV) is another Canada-based company that owns royalties and streams in gold mining. Ukraine's first lady said in an interview that her 9-year-old son wants to be a soldier: "I cannot bring him back to doing arts and humanities. Lets go over the functions of the major FCEV components. Now, 'he wants to be a soldier. Nutrien Ltd. (NYSE: NTR) has distributed over 25 million tonnes of potash, nitrogen, and phosphate products for agricultural and industrial customers globally. (billed annually). By contrast, at the end of 2016, Albemarle was well outside the top 25 with a value of only US$9.68 billion. It is one of the largest integrated copper producers in the world and the major producer and refiner of molybdenum, zinc, lead, gold, and silver. Volatile market reeling from a big short gone wrong can blow up if West imposes sanctions on Russia. Out of the eight minerals in our list, five are not used in conventional cars: graphite, nickel, cobalt, lithium, and rare earths. Disclosure: None. FCEVs are a type of electric vehicle that produces no emissions (aside from the environmental cost of production). Extreme volatility on metal and mining markets intensified in the second quarter and after hitting record highs in March, copper, nickel, aluminium, zinc and tin went into meltdown mode over the three months to end June. Moreover, another 107,200 tonnes of lithium carbonate equivalent (LCE) were deployed globally in new EV batteries, an 88% increase year-on-year. The use of dynamite instead of a pick and hammer to clear tunnels made the process faster and easier for the miners. $39 per month* 95% of its revenue comes from China, with sales of 8.4 mt in nine months, ended in March 2021. research According to the Smart Mining Market Report, the global Smart Mining Market was valued at $8 billion in 2020 and is projected to reach $24.2 billion by 2026. The company was founded in 1993 and is headquartered in Moscow. In terms of countries, Canada leads the ranking with 4 miners on the list. Diamond giant Alrosa also returns to the ranking thanks to a robust quarter, and Polyus is just in positive territory YTD. Please let us know of any errors, omissions, deletions or additions to the ranking or suggest a different methodology. Hydrogen fuel cells have drawn criticism from notable figures in the industry, including Tesla CEO Elon Musk and Volkswagen CEO Herbert Diess. Mining giants like BHP Group (NYSE: BHP) and Rio Tinto Group (NYSE: RIO) have headquarters in Australia. The market capitalization of the top 25 mining firms grew US$195.86 billion in 2017 to reach US$753.59 billion by year-end, a 35% increase from end-2016. At year-end, BHP was the only company with the triple-digit market valuation: US$117.0 billion. Vertically integrated concerns like Alcoa and energy companies such as Shenhua Energy where power, ports and railways make up a large portion of revenues pose a problem as do diversified companies such as Anglo American with separately listed majority-owned subsidiaries. Its largest operations are located in NorilskTalnakh area near the Yenisei River, in northern Russia. Electric vehicles can have 6 times more minerals than a combustion vehicle and be on average 340 kg heavier. Use Ask Statista Research Service. The company was founded in 1986 and is headquartered in Longyan, China. In the graphic above, we show the worlds top companies by market capitalization as of June 22, 2021, and the metals they mine. On the contrary, BEVs have 49,210 charging stations nationwide, and can also be charged at home. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Interesting, is it not that the top 50 mining stocks capitalisation only amounts to 1/4 of the $USD created from thin air in one year. Australia, China, and the U.S. are the biggest contributors to the global mining industry. It is ranked as 398th largest public company on Forbes Global 2000. By 2024, almost 33% of the worlds electricity is forecast to come from renewables. Southern Copper Corporation (NYSE: SCCO) is next on our list of the biggest mining companies in the world. Prince George, who turns nine on Friday, beams for the camera during a family holiday on a British beach. Our goal is to create a safe and engaging place for users to connect over interests and passions. Top 25 Mining Companies By Market Capitalization, Insight Weekly: US bank M&A; low refinancing eases rates impact; Texas crypto mining booms, Insight Weekly: US stocks hit grim milestone; top European banks tumble; TMT IPOs plunge, Gold and Copper Summit 2022: Overview of Global Gold Markets in 2022 and Beyond, Insight Weekly: US bank stress tests; cracks in housing market; summer energy supply risks. The Ukraine war lit a fire under PGMs, only to give up those gains and more. As of the end of last year, the market capitalisation of the 40 largest companies that mine coal, copper, iron ore, lithium, potash or gold, amongst other resources, stood at a staggering $757 billion. It has operations in nearly 13 countries, including Canada, Argentina, Chile, Dominican Republic, Saudi Arabia, the United States, etc. The automotive industry is a big consumer of metals, which explains Norilsk Nickels ($54B) fifth place.