WORLD’S 100 BIGGEST MINING COMPANIES
Crisis may be fatal.
And the ranking of world’s biggest mining companies is being strongly affected. New players are climbing the ladder and topping famous names.
Underdeveloped countries such as China and Brazil have names among the top 20; India also joined the club, with state-owned NMDC ranked 14th . Together, companies from these three countries represent 35% of the top 20’s market value.
BHP Billiton is still the number one, light years ahead of its contenders, followed by Brazil’s Vale and China’s Shenhua – a state-owned energy group which was relatively unknown some years ago; the company topped the falling Rio Tinto, desperate for the helping aid of another Chinese group, Chinalco.
Brazil has another name in the top 20: CSN topped famous miners such as Xstrata, Kumba, Anglo Platinum, Norilsk and Gold Fields.