Leading U.S. mining companies 2024, based on revenue

The leading United States mining company based on revenue as of 2024 was Freeport-McMoRan. At that time, the company's revenue during the most recent fiscal year amounted to nearly 23.8 billion U.S. dollars.

Leading companies in the U.S. mining industry

Based on market capitalization, Southern Copper Corp was the leading U.S. mining company in 2024 by a margin of about 17.6 billion U.S. dollars. Headquartered in Arizona, Southern Copper had a market capitalization of 92.7 billion U.S. dollars as of May 2024. The second and third leading mining companies in the U.S. at that time based on market cap were Freeport-McMoRan and Newmont Corporation, which had market capitalizations of 75.1 billion U.S. dollars and 48.3 billion U.S. dollars, respectively at that time. As one of the world’s largest copper producers, Freeport-McMoRan employed about 27,200 people in 2023. Meanwhile, the total U.S. mining industry had around 556,000 employees in the previous year.

Mining companies worldwide

The total revenue of the leading mining companies worldwide in 2022 was a record 943 billion U.S. dollars, a large increase from the 496 billion U.S. dollars generated in 2016. Glencore was the world’s leading mining company based on revenue overall based on a 2024 ranking, at approximately 218 billion U.S. dollars.