Companies in Mining
There are 16,170 companies in Mining which include Rio Tinto, Kennametal, Glencore, Sandvik, Vale. 3,698 companies in Mining are funded, with 4,054 having secured Series A funding. Till date, the sector has seen the creation of 1 Unicorn. Canada has the most number of companies in Mining (2,429), followed by Australia
(1,866), and then United States (1,403).
2026 has seen the creation of 191 Mining companies. On average, the last 10 years have seen 339 new companies launched every year. Most number of Mining startups have been founded by alumni from Massachusetts Institute of Technology, Harvard University and University of Pennsylvania.
Here is a List of top companies in Mining
1. Rio Tinto
Manufacturer of metals and minerals. Operations involve the extraction and processing of raw materials used in industrial applications and low carbon technologies. The business focuses on the production of various commodities to support infrastructure and manufacturing sectors. Activities include the management of supply chains to deliver essential resources for global industrial needs.
Key facts about Rio Tinto
- Founded Year: 1873
- Location: London (United Kingdom)
- Stage: Public
- Investors: Umbono, Greyrock Investments and 10 Others
- Latest Funding Round: Grant (prize money), Apr 09, 2024, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 1 of 3,501 Competitors
2. Kennametal
Key facts about Kennametal
- Founded Year: 1938
- Location: Latrobe (United States)
- Stage: Public
- Investors: Military Health and Europa
- Latest Funding Round: Grant (prize money), Jan 05, 2015, $*****
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 2 of 14,205 Competitors
3. Glencore
Producer and supplier of metals and minerals. Services include production, sourcing, processing, refining, transportation, storage, financing, and supplying commodities. Assets include cobalt, copper, metals, minerals, crude oil, coal, natural gas, and agricultural products.
Key facts about Glencore
- Founded Year: 1974
- Location: Baar (Switzerland)
- Stage: Public
- Total Funding till date: $2.2B
- Investors: First Reserve, Bank of China and 6 Others
- Latest Funding Round: Grant (prize money), May 11, 2024, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 2 of 3,501 Competitors
4. Sandvik
Provider of various industrial products and services. Its product portfolio includes industrial machinery, such as metal-cutting tools and tooling systems, mining and construction equipment and tools, tube, strip, wire, powder, and a range of other products in special alloys. In 2022, the company recorded annual revenues of $11.39B and a net profit of $1.04B.
Key facts about Sandvik
- Founded Year: 1862
- Location: Stockholm (Sweden)
- Stage: Public
- Investors: Europa and Industrivarden
- Latest Funding Round: Post IPO, Apr 24, 2024, $*****
- Tracxn Score: 70/100 What is this?
5. Vale
Vale is a mining company. They also operate in the area of logistics, power and steel making. The company manufactures iron core, pellets, and nickel. The company has operations in 30 countries across the world. In 2022, the company recorded annual revenues of $41.43B and a net profit of $15.98B.
Key facts about Vale
- Founded Year: 1942
- Location: Rio de Janeiro (Brazil)
- Stage: Public
- Investors: Maaden, Brookfield Asset Management and 11 Others
- Latest Funding Round: Post IPO, Jul 29, 2023, $*****
- Tracxn Score: 69/100 What is this?
- Competitors Rank: 1 of 1,382 Competitors
