01 Industry overview
The extractive industry at a glance
Global extractive activity spans minerals, fossil fuels and offshore resources; world mineral production reached 19.2 billion metric tonnes in 2023. Fossil-fuel extraction directly and indirectly employed 8.35 million people in 2024, with critical-mineral extraction adding 770,000 workers in 2024.
- 19.2B tonnes[92]
- Mineral production, 2023
- 8.35M[93]
- Fossil-fuel extraction jobs, 2024
- 770,000[94]
- Critical-mineral extraction jobs, 2024
- 85.0%[71]
- Offshore output from oil and gas, 2025
- Market size
- A single globally comparable monetary market-size estimate covering mining, oil and gas, quarrying and other extraction was not identified from a reliable primary source. The latest comparable physical measure available is 19.2 billion metric tonnes of world mineral production in 2023.[92]
- Market share & regions
- Production is geographically concentrated by commodity rather than in one uniform regional market. The British Geological Survey reports country-level production for more than 70 mineral commodities for 2020–2024, while the IEA reports that Africa accounted for more than half of global critical-mineral mining employment in 2024, at 415,000 workers.[95][94]
- Segmentation
- The industry is commonly segmented into mineral fuels, iron and ferro-alloys, non-ferrous metals, precious metals and industrial minerals. World Mining Data records these commodity groups separately and reported total mineral production of 19.2 billion metric tonnes in 2023.[92]
- Key players & concentration
- The sector is fragmented across commodities and jurisdictions, with concentration varying sharply by resource. The World Mining Data programme covers 65 mineral commodities and 168 countries, while the OECD reports that offshore oil and gas still represented 85.0% of offshore energy and marine non-living-resource output in 2025.[92][71]
- Pricing
- Extractive-industry prices are commodity-specific and market-driven rather than governed by one industry price. USGS reported that metal prices declined in 2024 amid global oversupply; gold represented 35% and copper 30% of the value of US metal mine production that year.[96]
- Trends, drivers & challenges
- Energy-transition technologies and electrification are increasing demand for critical minerals, while supply chains face export controls and geographic concentration. The British Geological Survey identified new export restrictions affecting antimony, bismuth, gallium, germanium, indium, molybdenum, tellurium and tungsten; the IEA recorded 770,000 global critical-mineral extraction workers in 2024, up 3% year on year.[95][94]
- Consumer behavior & competition
- Demand is increasingly shaped by electrification, electric vehicles, high-speed rail and petrochemical feedstocks. The IEA expects petrochemicals to become the dominant source of global oil-demand growth from 2026 onward, while continued EV adoption contributes to a projected peak in Chinese oil demand this decade.[64]
- M&A
- Extractive-industry investment and deal activity remains uneven across subsectors. UNCTAD reported that announced greenfield project values in extractive industries fell by more than 25% in 2025 to just over $30 billion, while oil and gas international project-finance deal value rose from about $75 billion to about $120 billion.[97]
- Regulation
- Regulation is increasingly focused on supply security, export controls and responsible sourcing. The British Geological Survey reported that China introduced export restrictions affecting several critical minerals, while the OECD has documented the changing geographic and policy landscape of offshore energy and marine non-living resources.[95][71]
- Latest news
- The latest available industry reporting points to continued restructuring around critical minerals and energy security. The 2026 UNCTAD World Investment Report says extractive greenfield project values fell by more than 25% in 2025, while oil and gas project-finance deal value increased to approximately $120 billion.[97]
02 Ranking
Top 10 Companies in the Extractive Industry
The leading companies in the extractive industry, ranked on market impact, performance, momentum, innovation and brand popularity.
Updated November 10, 2026 · Next review December 10, 2026
BHP stands out for mining portfolio scale because it reported $51.262 billion revenue from its mining portfolio in 2025, while Saudi Aramco focuses on integrated oil, gas and chemicals since it operates in this integrated energy and chemicals segment globally.
Ranked by Overall score · How we score ↓
Editor's top 3 picks
Where to start, by need.
#1 Overall · Leader in diversified metals mining
BHP
AU
Ranked #1 · 9.3 · Diversified metals mining
Why we picked it: It mixes diversified mining exposure with a reported operating margin of 39.47% for 2025.
Leader in integrated energy
Saudi Aramco
SA
Ranked #2 · 9.1 · Integrated energy
Why we picked it: Its integrated energy and chemicals segment covers oil, gas and chemicals on a global footprint.
Leader in iron ore metals
Rio Tinto
GB
Ranked #3 · 9.1 · Iron ore metals
Why we picked it: Its commodity breadth includes iron ore, aluminium, bauxite, copper, lithium, salt and borates.
Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.
Full ranking
| # | Company | Overall ↓ | Impact | Performance | Momentum | Innovation | Company snapshot |
|---|---|---|---|---|---|---|---|
| 1 | BHP Diversified metals mining · AU | 9.3 | 8.9 | 9.9 | 9.7 | 9.9 | |
Company snapshot · BHP · Data as of November 10, 2026 BHP reported 2025 revenue of $51.262 billion from its mining portfolio.[21]
| |||||||
| 2 | Saudi Aramco Integrated energy · SA | 9.1 | 8.6 | 9.6 | 9.7 | 9.2 | |
Company snapshot · Saudi Aramco · Data as of November 10, 2026 One of the world's largest integrated energy and chemicals companies.[98]
| |||||||
| 3 | Rio Tinto Iron ore metals · GB | 9.1 | 9.3 | 8.5 | 9.1 | 9.9 | |
Company snapshot · Rio Tinto · Data as of November 10, 2026 Its portfolio includes iron ore, aluminium, bauxite, copper, lithium, salt and borates.[19]
| |||||||
| 4 | Shell Integrated energy · GB | 9.0 | 9.8 | 7.3 | 8.0 | 9.9 | |
Company snapshot · Shell · Data as of November 10, 2026 Shell is active in the fossil fuel sector and chemical production.[99]
| |||||||
| 5 | Zijin Mining Gold and copper mining · CN | 8.9 | 9.0 | 9.1 | 9.9 | 7.8 | |
Company snapshot · Zijin Mining · Data as of November 10, 2026 Zijin describes itself as a leading global metals miner with gold and copper growth.[100]
| |||||||
| 6 | ExxonMobil Integrated oil, gas and chemicals, global · US | 8.9 | 9.8 | 7.5 | 8.5 | 9.9 | |
Company snapshot · ExxonMobil · Data as of November 10, 2026 Reported its highest annual upstream production in more than 40 years.[101]
| |||||||
| 7 | TotalEnergies Integrated oil, gas, LNG and energy, global · FR | 8.5 | 8.6 | 7.6 | 8.4 | 9.9 | |
Company snapshot · TotalEnergies · Data as of November 10, 2026 Hydrocarbon exploration and production spans about 50 countries.[102]
| |||||||
| 8 | BP Integrated oil, gas and energy, global · GB | 8.3 | 8.2 | 7.8 | 7.1 | 9.2 | |
Company snapshot · BP · Data as of November 10, 2026
| |||||||
| 9 | Vale Iron ore, nickel and base metals, global · BR | 8.3 | 9.2 | 8.1 | 7.5 | 7.6 | |
Company snapshot · Vale · Data as of November 10, 2026 Vale is a global mining leader in iron ore and has significant copper and nickel operations.[103]
| |||||||
| 10 | Freeport-McMoRan Copper, gold and molybdenum mining, global · US | 8.2 | 7.0 | 8.6 | 8.4 | 9.9 | |
Company snapshot · Freeport-McMoRan · Data as of November 10, 2026
| |||||||
How we score
- Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
- Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
- Momentum (20%): growth trajectory and future potential.
- Innovation (15%): R&D intensity and how technologically advanced the company is.
Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.
Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.
Cadence Recalculated when new figures are published; next review December 10, 2026.
Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.
Cite this ranking
APA
Samuel Norberg. (2026, November 10). Top 10 companies in the extractive industry. In Extractive Industry Statistics. Gitnux. https://gitnux.org/extractive-industry-statistics/#top-companies
Revenue of the largest extractive companies
ExxonMobil leads with $323.9B in annual revenue (group level, converted to USD).
03 Trends & forecasts
Top 10 Extractive Industry Trends & Forecasts 2027
What is changing in the extractive industry, with the evidence behind each trend and a forecast for 2027.
Forecasts were generated by an AI model from the cited evidence. They are estimates, not guarantees.
01Critical-mineral demand keeps accelerating
High confidenceLithium demand increased by nearly 30% in 2024, while demand for nickel, cobalt, graphite and rare earths rose by 6–8%. The energy sector generated 85% of demand growth for battery metals over the previous two years.[64]
Forecast 2027: In 2027, electrification, grid expansion, battery storage and renewable generation should keep critical-mineral demand growing faster than demand for most traditional industrial minerals. Lithium and copper are likely to remain the clearest pressure points.
02Copper and lithium face tighter supply
High confidenceThe IEA estimates that announced projects imply a 2035 supply shortfall of about 30% for copper and 40% for lithium under its Stated Policies Scenario. Mining investment requirements through 2040 are estimated at about $500 billion in that scenario.[64]
Forecast 2027: By 2027, project delays, permitting and long construction periods should keep copper and lithium markets vulnerable to temporary deficits even where near-term inventories are adequate. Producers with advanced projects and reliable infrastructure should attract disproportionate capital.
03Refining concentration remains elevated
High confidenceThe average share of the top refined supplier across key energy minerals reached 70% in 2025, up from 68% in 2020. Indonesia and China accounted for more than three-quarters of supply growth between 2023 and 2025.[64]
Forecast 2027: In 2027, concentration should decline only modestly as new refining capacity comes online outside dominant suppliers. Processing bottlenecks, rather than mine output alone, will remain a central source of supply risk.
04Export controls reshape mineral trade
High confidenceThe IEA reports that new export controls in 2025 made concentrated critical-mineral supply chains an immediate economic-security concern. The British Geological Survey identified restrictions affecting antimony, bismuth, gallium, germanium, indium, molybdenum, tellurium and tungsten.[64][95]
Forecast 2027: By 2027, governments are likely to expand licensing, stockpiling and domestic-processing measures for strategically important minerals. Trade flows should become more regional and compliance costs should rise for producers selling into regulated markets.
05Mineral prices stay volatile and selective
High confidenceThe USGS reported another year of declining metal prices in 2024, attributing the weakness to global oversupply. The IEA subsequently reported that critical-mineral prices rebounded in 2025 and early 2026 as supply conditions tightened and export restrictions increased.[69][64]
Forecast 2027: In 2027, prices should remain commodity-specific: copper and lithium are likely to retain upside risk, while minerals with rapid capacity additions may continue to experience oversupply. Volatility should remain higher than in the pre-2020 period.
06Critical-mineral investment outperforms mining
High confidenceUNCTAD reported that announced greenfield investment in critical minerals, including processing, increased from $22 billion in 2024 to $26 billion in 2025, while the number of projects rose by more than 30%. Broader mining greenfield investment fell by more than 25%.[97]
Forecast 2027: In 2027, investment should continue shifting toward critical minerals, refining and processing rather than conventional mining alone. However, financing will remain concentrated in projects supported by industrial policy, offtake agreements or strategic investors.
07Oil and gas finance remains resilient
Medium confidenceUNCTAD reported that oil and gas international project-finance deal value rose from about $75 billion in 2024 to approximately $120 billion in 2025, even as the number of projects declined. Extractive-industry greenfield project value fell to $32 billion in 2025 from $43 billion in 2024.[97]
Forecast 2027: In 2027, oil and gas financing should remain available for large, low-cost and strategically important projects, particularly LNG and offshore gas. Smaller or higher-cost projects will face stricter capital discipline and greater execution risk.
08Petrochemicals support oil demand
Medium confidenceThe IEA expects petrochemicals to become the dominant source of global oil-demand growth from 2026 onward. Continued electric-vehicle adoption is also expected to contribute to a peak in Chinese oil demand during this decade.[64]
Forecast 2027: In 2027, oil demand should remain supported by petrochemical feedstocks even as road-fuel growth slows. This should favor producers with integrated refining and chemicals operations over producers dependent on gasoline and diesel growth.
09Offshore oil and gas still dominates
High confidenceOECD estimates that offshore oil and gas generated more than 90% of the gross value added of offshore energy and marine non-living resources in every year from 1995 through 2025. Offshore oil and gas accounted for about 91% of the activity’s gross value added in 2025.[71]
Forecast 2027: In 2027, offshore oil and gas should remain the dominant extractive activity at sea, although its share is likely to edge down as offshore wind, marine renewables and support services expand. Natural gas should outperform offshore crude oil within the segment.
10Methane controls become operational priorities
High confidenceThe IEA estimates that oil, gas and coal operations emitted 124 million tonnes of methane in 2025: 45 million tonnes from oil, 43 million tonnes from coal and 36 million tonnes from natural gas. About 70% of fossil-fuel methane emissions came from the ten largest emitting countries.[64]
Forecast 2027: By 2027, methane measurement, leak detection, flaring reduction and equipment replacement should become standard investment requirements in major producing regions. Companies with verified low-emissions operations should gain better access to premium markets and finance.
04 Statistics
Technology & Innovation
Technology use and automation are tracked through generative AI adoption and autonomous equipment deployment, including 50 autonomous trucks remotely controlled from a Rio Tinto Perth operations centre in 2024.
AI in the extractive industry
- 58.9% of U.S. mining, quarrying, and oil-and-gas workers used generative AI for work in January 2025.[1]
- 77% of mineral-exploration professionals reported some level of AI-tool use globally in 2025.[2]
- 8.1% of Canadian mining firms used AI technology in 2022.[3]
- 28.4% of U.S. mining, quarrying, and oil-and-gas workers used generative AI for work in July 2026.[1]
- 53.3% of U.S. mining, quarrying, and oil-and-gas workers used generative AI for work in October 2024.[1]
- 10% of mineral-exploration professionals reported no AI-tool use in 2025.[2]
Automation in the extractive industry
- 50 autonomous trucks were remotely controlled from Rio Tinto’s Perth operations centre in 2024.[4]
- 50% of surveyed mining companies used advanced process automation in the IISD survey.[5]
- 68% of mine owners’ monitoring-data collection was automated in 2024, compared with 50% for service providers.[6]
- More than 60% of surveyed mining professionals reported deploying automation technologies in 2024.[4]
- 67% of surveyed mining companies used autonomous mobile fleets for drill rigs in the IISD survey.[5]
- 17% of surveyed mining companies used autonomous mobile fleets for haulage, dozers, or rail networks in the IISD survey.[5]
Digital Transformation in the mining and metals sector (sector benchmark)
- Mining and metals executives ranked process intelligence, data mining and robotic-process automation as a digital priority for 56% of respondents in 2024.[7]
- U.S. mining firms recorded a 70.90% digitalization rate in the latest federal business-technology survey.[8]
- Across metals companies surveyed globally, 28% were developing a digital-transformation strategy in 2025.[9]
- Across metals companies surveyed globally, 44% had a digital-transformation strategy and were actively taking steps forward in 2025.[9]
- Across metals companies surveyed globally, 20% did not have a digital-transformation road map in 2025.[9]
Technology Adoption in the mining and metals sector (sector benchmark)
- Among global mining and metals companies, 31% identified 5G networks as one of the two technologies most likely to increase metal supplies over the next five years in 2023.[10]
- Among global mining and metals companies, 48% said artificial intelligence would have the greatest impact on increasing metal supplies over the next five years in 2023.[10]
- Among global mining and metals companies, 21% identified technologies that enhance recovery from recycled materials as a leading supply-enabling technology in 2023.[10]
- Among global mining and metals companies, 17% identified autonomous steel production, such as autonomous vehicles, among the two technologies with the greatest expected supply impact in 2023.[10]
- Nevada mining association members reported 40.4% adoption of cloud computing, 35.3% adoption of encryption and cybersecurity, and 33.8% adoption of IoT and connected devices in 2021.[11]
Cloud Computing in the mining and metals sector (sector benchmark)
- Mining executives identified cloud adoption as a digital priority for 12% of respondents planning investments over the next one to two years in 2024.[7]
- Global mining executives expected high-power computing and cloud to affect their businesses within five to ten years for 92.2% of respondents.[12]
- U.S. mining businesses reported a 37.05% cloud-computing adoption rate in the federal business-technology survey.[8]
- Global mining executives said high-power computing and cloud would affect their businesses within one year for 52.6% of respondents in the Mining Journal survey.[12]
Big Data in the mining and metals sector (sector benchmark)
- Mining executives said big data and predictive analytics could affect their businesses within one year for 40.5% of respondents in the Mining Journal survey.[12]
- Mining executives expected big data and predictive analytics to affect their businesses within five to ten years for 95.7% of respondents.[12]
- Chilean mining companies reported that 7.52% analyzed large volumes of data from sensors or smart devices in the sectoral Industry 4.0 study.[13]
- Chilean mining companies reported that 9.02% performed big-data analysis in the sectoral Industry 4.0 study.[13]
05 Statistics
Data & Analytics
Data access, data-chain custody and analytics spending appear alongside gaps in data-driven decision-making, including US$780 million forecasted for data analytics spend in 2023 globally.
Business intelligence in the extractive industry
- 41% of mining and metals leaders listed an ESG platform for tracking metrics and reporting as a digital priority for the next one to two years in 2024.[7]
- 27% of mining and metals leaders listed remote or integrated operating centers as a digital priority for the next one to two years in 2024.[7]
- 56% of mining and metals leaders ranked process intelligence, including data mining and robotic process automation, among their digital priorities for the next one to two years in 2024.[7]
- 12% of mining and metals leaders listed digital trust, including blockchain, as a digital priority for the next one to two years in 2024.[7]
- 17% of mining and metals leaders listed process mining for ESG as a digital priority for the next one to two years in 2024.[7]
- 12% of mining and metals leaders identified cloud adoption as a digital priority for the next one to two years in 2024.[7]
Data analytics in the extractive industry
- More than 20% of senior mining professionals surveyed by Pulse Intelligence spent up to three hours every day searching for data in 2024.[14]
- US$780 million was the forecast amount mining firms would spend on data analytics in 2023 globally.[15]
- 45% of senior mining professionals surveyed by Pulse Intelligence spent up to one hour every day searching for data in 2024.[14]
- 27% of companies in Deloitte’s mining digital-maturity assessment were classified as IT or digital leaders.[16]
- US$1.4 billion is the forecast amount mining firms will spend on data analytics globally in 2030.[15]
- 120+ senior mining executives and financiers across 23 countries participated in Pulse Intelligence’s 2024 mining-data survey.[14]
Data Quality in the mining and metals sector (sector benchmark)
- Across geoprofessionals globally, 36% identified knowing they had the most current and best-quality data as their biggest collaboration challenge in 2023.[17]
- Across mining respondents globally, 33% said they lacked the necessary information to make data-driven decisions in 2023.[17]
- Across geoprofessionals globally, 30% rated unmanaged historical data as a significant data-management challenge in 2023.[17]
- Across geoprofessionals globally, 30% identified real-time access to datasets in a usable format as their biggest collaboration challenge in 2023.[17]
- Across geoprofessionals globally, 50% expressed high confidence in their organisation’s ability to manage data quality in 2023.[17]
Data Governance in the mining and metals sector (sector benchmark)
- Across geoprofessionals globally, 29% said a single source of truth was the most important expected outcome from resolving data-management issues in 2023.[18]
- Across geoprofessionals globally, 14% said reporting tools showing who accessed or edited data were their biggest collaboration challenge in 2023.[17]
- Across geoprofessionals globally, 45% reported having an established data chain of custody in 2023.[17]
- Across geoprofessionals without an established framework globally, 56% planned to obtain one within three years in 2023.[17]
- Across geoprofessionals globally, 30% reported having an established data-management framework in 2023.[17]
KPIs in the extractive industry
- 6% was the year-on-year increase in good anodes produced at Rio Tinto’s Kennecott in 2024, excluding shutdowns and the 2023 furnace rebuild.[19]
- 31 sites, representing approximately 80% of Rio Tinto’s sites, had begun Safe Production System deployment by the end of 2024.[19]
- 415 employees were potentially exposed to inhalable hazards above the occupational exposure limit at Anglo American in 2024.[20]
- 1.0 billion US dollars was Anglo American’s realised cost savings in 2024.[20]
- 25 million tonnes was Minas-Rio’s record annual iron-ore production in 2024.[20]
- 18,357 employees were potentially exposed to noise above 85 dBA at Anglo American in 2024.[20]
06 Statistics
Strategy & Growth
Growth is captured through capital expenditure and production volumes, including BHP Copper capital expenditure of $3.711 billion in FY2024 and Glencore’s 19.9 million tonnes steelmaking-coal output in 2024.
Growth in the extractive industry
- $3.711 billion was BHP Copper’s FY2024 capital expenditure, up from $2.698 billion in FY2023.[21]
- 165% was Glencore’s increase in steelmaking-coal production in 2024, reaching 19.9 million tonnes from its own sources.[22]
- 5.2 million tonnes was the increase in Glencore’s second-half 2024 energy-coal volumes compared with the first half.[22]
- 4.8% per year was the average output growth for U.S. oil and gas extraction from 2019 to 2025.[23]
- $18.566 billion was BHP Copper’s FY2024 revenue, up from $16.027 billion in FY2023.[21]
- 11.3% was the decrease in U.S. coal production in 2024, to 512.5 million short tons.[24]
Differentiation in the extractive industry
- 11 autonomous mining trucks are planned for Regroup’s manganese-haulage fleet at Element 25’s Butcherbird Mine in Western Australia.[25]
- 255,000 tonnes was Spence’s FY2024 copper production in Chile, a record for the operation.[21]
- 200 diesel autonomous haul trucks had already been operated across Fortescue’s mine sites before its zero-emission haulage partnership with Liebherr.[26]
- 38,200 tonnes was Glencore’s 2024 own-sourced cobalt production, primarily associated with its copper operations in the Democratic Republic of the Congo.[22]
- 951,600 tonnes was Glencore’s 2024 own-sourced copper production across its mining portfolio.[22]
- 0.88% was Escondida’s FY2024 concentrator feed grade, up from 0.82% in FY2023.[21]
Mergers and acquisitions in the extractive industry
- 15.8% was the year-on-year decrease in mining deal volume in H1 2025.[27]
- 14.8% was the year-on-year decrease in mining deal value in H1 2025.[27]
- 14.3% was the decrease in mining deal volume in H1 2025 compared with H2 2024.[27]
- $1.5 billion was Coeur Mining’s 2024 acquisition of SilverCrest Metals.[28]
- 192.5 million ounces of primary gold resources and reserves were acquired in 2024 mining transactions.[29]
- $3.03 billion was the announced value of BHP and Lundin Mining’s 2024 acquisition of Filo Corp.[29]
Strategic partnerships in the extractive industry
- $350 million is Rio Tinto’s initial funding commitment for studies and resource analysis at Maricunga.[19]
- 49.99% is Rio Tinto’s planned interest in the Maricunga lithium joint venture, with Codelco retaining 50.01%.[30]
- 100,000 tonnes per year is Volkswagen PowerCo’s contracted annual spodumene-concentrate offtake from Patriot Battery Metals for 10 years.[31]
- $2.8 billion is the value of Fortescue’s 2024 green-equipment partnership with Liebherr.[32]
- 30% is Mitsubishi Corporation’s planned joint-venture interest in Hudbay Minerals’ Copper World project.[33]
- 35 international joint ventures were included in QatarEnergy’s upstream portfolio at December 31, 2024.[34]
07 Statistics
People & Workforce
Workforce composition and work arrangements are documented, including 45.3% women at BHP’s Escondida operation as of June 2026 and about 16% of U.S. mining workers working remotely at least sometimes in October 2023–September 2024.
Hiring in the extractive industry
- 25.8% was Rio Tinto’s 2024 target for women’s representation, compared with 25.2% achieved.[19]
- 45.3% of employees at BHP’s Escondida operation in Chile were women as of June 2026.[21]
- 40% female representation was reached by BHP Minerals Americas operations in Chile by fiscal year 2024.[21]
- 58.33% of Sibanye-Stillwater’s corporate-office new recruits were women in 2024.[35]
- 17.3% was the increase in AngloGold Ashanti’s average workforce between 2023 and 2024.[36]
Employee retention in the extractive industry
- 32.3% was the turnover rate for Nornickel employees aged 29 or younger in 2024.[37]
- 18.0% was Sibanye-Stillwater’s overall female workforce representation in 2024, up from 17.2% in 2023.[35]
- 2.7 internal successors were available on average for each AngloGold Ashanti Stratum IV-and-above role in 2024.[36]
- 27% was Cobar Management’s employee turnover rate in fiscal year 2025, compared with 28% in 2024.[38]
- 85% was Compass Minerals’ fiscal 2025 voluntary-retention target, exceeded by its 88% result in fiscal 2024.[39]
Remote Work in the mining and metals sector (sector benchmark)
- In the U.S. mining industry, about 16% of workers worked remotely at least sometimes during October 2023–September 2024, including hybrid and fully remote work.[40]
- 100% of surveyed large-scale mining companies in Chile adopted virtual work in administration and support areas during the COVID-19 period, according to a survey referring to 2020.[41]
- Across Chilean mining and supplier companies, 34.5% introduced remote work in main-value-chain positions such as extraction, processing, and maintenance, according to a survey referring to 2020.[41]
- Across Chilean mining and supplier companies, 55.6% of mining companies reported applying remote work during the pandemic, according to a survey referring to 2020.[41]
- Across Chilean mining and supplier companies, 57.1% expected to maintain remote work in some positions after the pandemic, according to a survey referring to 2020.[41]
Hybrid Work in the mining and metals sector (sector benchmark)
- 16% of U.S. mining workers worked remotely at least sometimes during October 2023–September 2024, including hybrid and fully remote work.[40]
- 2.4% of U.S. construction and extraction workers worked remotely at least sometimes during October 2023–September 2024, including hybrid and fully remote work.[40]
- 76% of mining, quarrying, and oil-and-gas workers surveyed globally considered hybrid or remote work in an international relocation destination appealing in 2025.[42]
- 3.4% of U.S. farming, fishing and forestry workers worked remotely at least sometimes during October 2023–September 2024, including hybrid and fully remote work.[40]
Upskilling in the extractive industry
- 100% of AngloGold Ashanti security personnel completed human-rights-policy training in 2024.[36]
- 1,156,000 total training hours were reported for Sibanye-Stillwater’s South African mining learnerships in 2024.[35]
- 413 learners participated in Sibanye-Stillwater’s South African coaches-and-mentorship training in 2024.[35]
- $7.99 million was AngloGold Ashanti’s training and development expenditure in 2024.[36]
- 461 Rio Tinto leaders completed the Leader as Coach program in 2025.[19]
Employee Engagement in the mining and metals sector (sector benchmark)
- Across approximately 25 mining and metals organizations, 23% of employees were considering or actively seeking another job in a benchmark collected from July 2025 through June 2026.[43]
- Across approximately 25 mining and metals organizations, 88% of employees agreed that they understood how their work contributed to company goals in a benchmark collected from July 2025 through June 2026.[43]
- Across approximately 25 mining and metals organizations, the median employee net promoter score was 4 in a Culture Amp benchmark collected from July 2025 through June 2026.[43]
- Across approximately 25 mining and metals organizations, 67% of employees were engaged in a Culture Amp benchmark collected from July 2025 through June 2026.[43]
- At Mineral Resources Limited, 70% employee engagement was recorded in the FY2024 annual survey, three percentage points above the reported industry average of 67%.[44]
DEI in the extractive industry
- 36.0% of AngloGold Ashanti’s executive committee were women in 2024.[45]
08 Statistics
Customer & Sales
Customer retention and technical support satisfaction are measured in service and contract settings, including 93% of surveyed TOMRA Mining customers satisfied with technical-support availability in 2024.
Customer experience in the extractive industry
- 73% of GTK customers agreed that the organization helped their companies achieve sustainability targets in Finland in 2023.[46]
- 91% of GTK customers fully agreed that sustainability and responsibility issues were important for the organization’s brand in Finland in 2023.[46]
- 74% of Geological Survey of Finland customers were completely or very satisfied with GTK overall in Finland at the end of 2023.[46]
- 93% of surveyed TOMRA Mining customers were satisfied with technical-support availability and competence and service-engineer quality in 2024.[47]
- 6.3 out of 7 was TOMRA Mining’s average customer-service satisfaction score in 2024 among surveyed mining customers globally.[47]
Customer retention in the extractive industry
- More than 95% was Perenti’s contract-renewal rate for underground contract mining as of December 31, 2023, across its mining operations.[48]
- 30% was the mining industry’s customer-retention performance change compared with 2020 in The CMO Survey’s August 2021 results.[49]
- 6.1% was the overall customer-retention performance change compared with 2020 among surveyed companies in February 2021.[49]
- 87.5% of Perenti’s listed major contract wins and renewals announced from June 2022 to January 2024 were renewals rather than new contracts.[48]
- 9.5% was the overall customer-retention performance change compared with 2020 among surveyed companies in August 2021.[49]
Customer acquisition in the extractive industry
- Over 100 customers were served during the track-record period by a Hong Kong-listed mining-intelligence technology company.[50]
- -9.2% was the overall customer-acquisition performance change compared with 2020 among surveyed companies in June 2020.[49]
- 16.5% was the mining industry’s customer-acquisition performance change compared with 2020 in The CMO Survey’s August 2021 results.[49]
- 6.7% was the overall customer-acquisition performance change compared with 2020 among surveyed companies in August 2021.[49]
Customer loyalty in the extractive industry
- 20 years was the length of Perenti’s relationship with AngloGold Ashanti as of December 31, 2023.[48]
- +57 was GTK’s Net Promoter Score measuring customer loyalty among Finnish and international customers surveyed at the end of 2023.[46]
- +38 was TOMRA Mining’s Net Promoter Score in its earlier customer survey conducted in 2018.[47]
- 21 years was the length of Perenti’s relationship with BHP as of December 31, 2023.[48]
- 35 years was the length of Perenti’s relationship with KCGM as of December 31, 2023.[48]
Lead generation in the extractive industry
- 28% was the email-open rate for Mining & Metals in Sopro’s 2022 prospecting dataset.[51]
- 4.3% was the lead rate for Mining & Metals in Sopro’s 2026 prospecting dataset covering 2025 outreach activity.[52]
- 18.1% was the response rate for Mining & Metals in Sopro’s 2022 prospecting dataset.[51]
- 4.0% was the lead rate for Oil & Energy in Sopro’s 2026 prospecting dataset covering 2025 outreach activity.[52]
- 5.1% was the lead rate for Mining & Metals in Sopro’s 2022 prospecting dataset.[51]
09 Statistics
Marketing & Brand
Demand-generation signals show up as social media and procurement behavior, including 43% of mining organisations interested in investing in real-time data analytics in 2025.
Marketing in the extractive industry
- 43% of mining organisations were interested in investing in real-time data analytics in 2025.[53]
- 51% of mining organisations were interested in investing in predictive maintenance in 2025.[53]
- 68% of mining organisations cited previous project failures as a factor affecting future procurement in 2025.[53]
- 61% of mining organisations reconsidered future equipment and software spending because of shortages in relevant skills in 2025.[53]
- 30% of mining procurement teams’ time was spent on research and vendor-assessment activities in 2025.[53]
Digital marketing in the extractive industry
- 32% of United States energy and resources companies used Instagram in the study published in 2023.[54]
- 30% of energy and resources companies linked their official websites from Facebook pages in the study published in 2023.[54]
- 14.1% was the rate of newly adopted social-media use among energy and resources companies in 2014.[54]
- 20% of United States energy and resources companies used all five social-media platforms examined in the study published in 2023.[54]
- 2.3% was the rate of newly adopted social-media use among energy and resources companies in 2022.[54]
Branding in the extractive industry
- 9.76% of Axens employees shared company content on social media in October 2023.[55]
- 9.77% of Enagás employees shared company content on social media in October 2023.[55]
- 11.70% of Welltec employees shared company content on social media in October 2023.[55]
- 9.81% of DOF employees shared company content on social media in October 2023.[55]
- 11.88% of Énergir employees shared company content on social media in October 2023.[55]
Influencer Marketing in the mining and metals sector (sector benchmark)
- In 2026, Cory Rockwell’s underground-mining TikTok content had accumulated 5 million likes, providing a sector-specific audience benchmark for employee and operator advocacy.[57]
- In 2026, Paula Mineria’s mining-related TikTok content had generated 1.6 million likes across audiences in Colombia, Japan, Chile, Panama, Canada and the United States.[57]
- In 2026, underground mining influencer Cory Rockwell had 117,100 TikTok followers, using videos about explosives, haul trucking, bolting and underground work.[57]
- In 2026, Colombian mining and metallurgy student Paula Mineria had 110,600 TikTok followers, illustrating the reach of mining-focused influencer content.[57]
- In 2026, Cory Rockwell’s most-watched underground-mining video reached 6.9 million views, demonstrating the potential scale of employee-led influencer content in mining.[57]
10 Statistics
Operations & Execution
Execution performance is tracked through recovery, throughput and quality-control sampling guidance, including 1,542 tonnes per day processing-plant throughput in Q4 2024 from the cited Canada project.
Process optimization in the extractive industry
- 94% recovery was achieved in 2025 at Aura Minerals’ operations, compared with 91% in 2024, reflecting improved processing performance in Brazil and Mexico.[58]
- 90% was a further plant-recovery rate reported for one operating area in the company’s 2024 production table.[59]
- 1,542 tonnes per day was the processing-plant throughput reported in the fourth quarter of 2024 by the company operating the project in Canada.[59]
- 11,320 tonnes per day was the average processing rate at Agnico Eagle’s Meadowbank facility in Canada in 2024.[60]
- 86.6% was the projected average gold recovery for AbraSilver’s Diablillos project in Argentina under the 2024 updated study.[61]
Operational efficiency in the extractive industry
- 85% was the minimum combined gold-and-silver recovery used to define commercial production at SilverCrest’s Las Chispas mine in Mexico.[61]
- 6,300 annual operating hours represents approximately 85% availability and 85% utilization for variable-use mining equipment in the cited mine plan.[62]
- 81% was another equipment-availability value reported in the Collahuasi copper-mine technical documentation.[60]
- 4,142,766 tonnes of ore were processed to produce 504,719 payable gold ounces at Meadowbank in Nunavut in 2024.[60]
- 82% was another equipment-availability value reported in the Collahuasi copper-mine technical documentation.[60]
Quality management in the extractive industry
- 1 in 20 samples is the recommended submission rate for umpire samples in a mining assay quality-control program.[63]
- 1 in 20 samples is the recommended submission rate for coarse-reject duplicates in a mining laboratory quality-control program.[63]
- 1 in 20 samples is the recommended submission rate for certified reference materials in mining assay quality control.[63]
- 85% is the recommended minimum sample-quality index for diamond-drill core recovery in the cited mining grade-control program.[63]
- 95% of pulp samples should meet the P95 minus 75-micrometre quality criterion in the cited mining laboratory program.[63]
Supply chain in the extractive industry
- Around 91% of global rare-earth separation and refining production was concentrated in China in 2024.[64]
- 60% of global rare-earth mining output came from China in 2024.[64]
- 55% of global lithium mining came from Australia in 2021.[64]
- 70% of global cobalt supply came from the Democratic Republic of the Congo in the IEA’s 2021 assessment.[64]
- 31.9% of Teck Resources’ total procurement was local in 2024.[65]
Outsourcing / Offshoring in the mining and metals sector (sector benchmark)
- 30% of mining and metals companies rated outsourcing more functions and capabilities to third-party specialists a top or significant cybersecurity talent priority in 2023.[66]
- Contractors represented 54% of Queensland’s mining-industry workforce in fiscal year 2022–2023.[67]
- 75.0% was the average outsourcing rate among Chile’s large-scale mining companies in 2019.[68]
- 13.5% was the average outsourcing rate among Chile’s small-scale mining companies in 2019.[68]
- 54.0% was the average outsourcing rate among Chile’s medium-sized mining companies in 2019.[68]
11 Statistics
Finance & Pricing
Price and cost outcomes are tracked by commodity and company metrics, including a $96.32 per barrel EIA forecast for 2026 average Brent crude-oil price.
Pricing strategy in the extractive industry
- 34% was the 2025 increase in silver prices globally, according to the U.S. Geological Survey.[69]
- 24% was the 2025 global price decline for lithium, according to the U.S. Geological Survey.[69]
- 38% was the 2025 increase in gold prices globally, according to the U.S. Geological Survey.[69]
- $80.56 per barrel was the 2024 average Brent crude-oil price in the EIA price summary.[24]
- $96.32 per barrel was the EIA forecast for the 2026 average Brent crude-oil price.[24]
Cost reduction in the extractive industry
- $0.3 billion was Anglo American’s 2024 reduction in corporate overhead and initiative costs.[20]
- 21% was the reduction in total operating costs at Anglo American’s Copper Chile operations in 2024.[20]
- $1.8 billion was Anglo American’s targeted annualized cost-saving run rate by the end of 2025.[20]
- 27% was Rio Tinto’s 2024 reduction in copper C1 net unit costs.[19]
- $39 per wet metric tonne was Kumba Iron Ore’s 2024 improved C1 unit cost.[65]
Profitability in the extractive industry
- $5.185 billion was Barrick Mining’s 2024 attributable EBITDA.[70]
- $1,442 per ounce was Barrick Mining’s 2024 gold cost of sales on its share of production.[70]
- $8.5 billion was Anglo American’s 2024 underlying EBITDA.[20]
- $1.9 billion was Anglo American’s 2024 underlying earnings.[20]
- 12% was Anglo American’s 2024 group attributable return on capital employed.[20]
Financial planning in the extractive industry
- 40% was the approximate share of upstream oil-and-gas investment allocated to existing conventional assets over the previous decade.[64]
- $130 billion was invested in conventional oil-and-gas exploration between 2021 and 2023.[64]
- 60% was Rio Tinto’s planned share of underlying earnings returned to shareholders for 2025.[19]
- 40% was the expected 2025 share of upstream oil-and-gas investment devoted to slowing production declines at existing fields.[64]
- $570 billion was estimated global upstream oil-and-gas investment for 2024, up 7% from 2023.[64]
12 Statistics
Product & Service
Innovation and aftermarket service activity are quantified, including 0.2% of worldwide patents related to mining technologies during 1991–2015 concerned automation.
Product development in the extractive industry
- 0.4% of mining firms filed patents, according to an OECD review of mining innovation data.[71]
- 31% of mining-technology patents during 1991–2015 concerned mining extraction.[71]
- 2% of worldwide patents were related to mining technologies during 1991–2015.[71]
- 0.2% of mining-technology patents during 1991–2015 concerned automation.[71]
- A total of 222 studies were analyzed in a systematic review of innovation in the mining sector published in 2024.[72]
Product lifecycle in the extractive industry
- 65% was Komatsu’s projected aftermarket ratio for mining and construction equipment sales in fiscal 2024.[73]
- 7% was the compound annual growth rate of Weir Minerals Division aftermarket revenue since 2010.[74]
- 84.7% to 86.5% was the average availability rate of the Hitachi EX3600-6 excavator at Colombia’s Cerrejón mine, excluding major shutdowns.[75]
- 77 years is the planned life of the Rhyolite Ridge lithium-boron mine in Nevada.[76]
- 100,000 hours was exceeded by a Hitachi EX3600-6 mining excavator at Colombia’s Cerrejón mine in 2024.[75]
After-sales in the extractive industry
- 63% of Epiroc revenue was classified as aftermarket in the fourth quarter of 2024.[77]
- 103 million US dollars was HMH’s aftermarket-services revenue in the fourth quarter of 2024.[78]
- 9% was the year-over-year increase in HMH aftermarket-services revenue in the fourth quarter of 2024.[78]
- €2.824 billion was Metso’s 2024 services-business sales.[79]
- 80% of Weir’s total revenue came from aftermarket in 2024.[74]
Value proposition in the extractive industry
- US$2.6 billion of Lundin Mining’s goods and services were procured locally or at country level in 2024.[80]
- 76% of Barrick’s senior management were host-country nationals in 2024.[81]
- US$2.4 billion was Barrick’s salary distribution in host countries in 2024.[58]
- US$2.5 billion was Barrick’s taxes and royalties paid in 2024, excluding salary withholding taxes.[58]
- 95% of Lundin Mining’s procurement spending was local or country-level on average from 2022 to 2024.[80]
13 Statistics
Sustainability & Ethics
Reported emissions and assurance coverage sit next to social and rehabilitation measures, including 45% of reporting mining and minerals businesses having ESG and sustainability performance data assured by an independent third party.
Sustainability in the extractive industry
- 25% was the approximate proportion of Rio Tinto’s cumulative disturbance footprint that had been rehabilitated in 2025.[19]
- 4% of Rio Tinto’s withdrawals at water-stressed sites came from freshwater resources in 2025.[19]
- 416.4 million tonnes of CO₂e were Glencore’s combined Scope 1, 2 and 3 emissions in 2024 worldwide.[22]
- 322 gigalitres of Rio Tinto’s operational withdrawals in 2025 came from sites in catchments exposed to elevated water stress.[19]
- 1.01 million Australian Carbon Credit Units were retired by Rio Tinto for 2024 Safeguard Mechanism compliance.[19]
ESG in the extractive industry
- 45% of reporting mining and minerals businesses had their ESG and sustainability performance data assured by an independent third party.[82]
- 50.4% of 133 mining-industry respondents identified environmental protection as a top ESG priority in 2024.[83]
- 43.6% of 133 mining-industry respondents identified carbon emissions as a top ESG priority in 2024.[83]
- 48.9% of 133 mining-industry respondents identified workforce fatalities or injuries as a top ESG priority in 2024.[83]
- 83% of mining and minerals businesses disclosed community relations as a material social topic in an SGS survey.[82]
CSR in the extractive industry
- 70% of Rio Tinto’s total social investment is targeted to come through strategic, outcomes-focused partnerships by 2027.[19]
- 37% of mining and minerals businesses had improvement targets for diversity and equal opportunity in an SGS survey.[82]
- 79% of mining and minerals businesses disclosed training and education as a material social topic in an SGS survey.[82]
- 54 Indigenous leaders were employed by Rio Tinto in Australia at the end of 2025.[19]
- 27% of Rio Tinto’s 2025 graduate intake came from places where the company is developing new businesses.[19]
Circular economy in the extractive industry
- 25% to 40% is the potential reduction in new mining activity by 2050 from expanded recycling under a national-climate-pledge scenario.[64]
- 100 billion tonnes of waste are generated annually by mining worldwide, according to the IEA.[64]
- Over 40% of theoretically available nickel and cobalt battery-metal feedstock was recovered in 2023.[64]
- USD 200 billion is the projected market value of recycled energy-transition minerals by 2050 in the IEA Announced Pledges Scenario.[64]
- 26% was the share of recycled aluminium in total aluminium demand in 2023, up from 24% in 2015.[64]
Carbon footprint in the extractive industry
- 4.86 million tonnes of CO₂e were Glencore’s Scope 3 category 3 emissions from fuel and energy-related activities in 2024.[22]
- 10.9 million tonnes of CO₂e were Glencore’s market-based Scope 2 emissions in 2024 worldwide.[22]
- 402 million tonnes of CO₂e were Glencore’s combined Scope 1, 2 and 3 emissions in 2022.[22]
- 31.5 million tonnes of adjusted-equity-basis Scope 1 and 2 emissions were reported by Rio Tinto in 2025.[19]
- 313.3 million tonnes of CO₂e were Glencore’s Scope 3 category 11 emissions from sold products in 2024.[22]
14 Statistics
Risk, Compliance & Legal
Operational cyber visibility and data governance gaps show up alongside beneficial-ownership disclosure progress, including only 11% reporting full cyber control over operational-technology networks in EY’s 2026 study.
Compliance in the extractive industry
- 61% of Burkina Faso’s estimated mining-sector illicit financial-flow losses between 2012 and 2021 were attributed to gold.[84]
- USD 4.93 billion in illicit financial flows was estimated for Burkina Faso’s mining sector between 2012 and 2021.[84]
- 60% of EITI implementing countries had legal requirements for beneficial-ownership disclosure in 2024.[84]
- 23 mining jurisdictions had used Transparency International’s Mining Awards Corruption Risk Assessment tool by 2020.[85]
- 628 Senegalese extractive companies had declared beneficial owners by the end of fiscal year 2024.[84]
Risk Management in the mining and metals sector (sector benchmark)
- 31% of metals and mining participants identified navigating global dynamics and enhancing supply-chain resilience as their top transformation challenge in 2025, according to an EY Americas forum survey.[7]
- 53% of mining and metals respondents had adopted technology to improve supply-chain visibility in the 2026 EY risk survey.[7]
- 52% of mining and metals respondents had increased inventories or stockpiles to mitigate supply-chain disruption in the 2026 EY risk survey.[7]
- 57% of materials, metals and mining survey respondents expected moderate-to-high sector stress over the following 12 months, while 6% expected severe stress, in 2024.[86]
Cybersecurity in the mining and metals sector (sector benchmark)
- Mining, quarrying, and oil and gas extraction organizations had a malware infection rate 12.1% above the overall average in 2024, down from 15.5% in 2023.[87]
- 48% of mining and metals executives were very concerned about technology-infrastructure cybersecurity risks, while 43% were very concerned about intellectual-property protection risks, in 2023.[7]
- Only 18% of metals and minerals respondents reported full visibility over their operational-technology network infrastructure in EY’s 2026 study.[7]
- Only 11% of metals and minerals respondents reported full cyber control over their operational-technology networks in EY’s 2026 study.[7]
- 67% of metals and minerals organizations rated their operational-technology assets below average for cyber visibility and coverage in EY’s 2026 study.[7]
Data Privacy in the mining and metals sector (sector benchmark)
- 20% of metals, mining and energy organizations in India had initiated their Digital Personal Data Protection compliance journey, according to an EY survey of more than 150 professionals.[7]
- Across metals companies surveyed, 59% identified data privacy and security as their most significant IT-related business risk over the next three years; 2016, global metals industry.[9]
- Across mining organizations surveyed globally, 34% reported lacking an IoT data strategy as a barrier to using operational data optimally; 2020, global mining sector.[88]
- Across mining organizations surveyed globally, 48% identified delays between data collection and data availability as a barrier to using operational data optimally; 2020, global mining sector.[88]
- Across mining organizations surveyed globally, 49% identified security and privacy concerns as a barrier to using operational data optimally in mining IoT projects; 2020, global mining sector.[88]
Crisis Management in the mining and metals sector (sector benchmark)
- Across chemical and high-risk industrial companies, 28% reported that crisis management was under-prioritized; 2021, global survey including mining and other high-risk sectors.[89]
- Across chemical and high-risk industrial companies, approximately two-thirds reported testing their crisis plans during the previous year; 2021, global survey including mining.[89]
- Across chemical and high-risk industrial companies, less than 3% employed a full-time crisis-management professional; 2021, global survey including mining and other high-risk sectors.[89]
- Across chemical and high-risk industrial companies, 40% of respondents identified an opportunity to improve their capability to coordinate a wider crisis response; 2021, global survey including mining.[89]
- Across chemical and high-risk industrial companies, 63% said crisis planning was coordinated by management or department teams rather than at C-suite level; 2021, global survey including mining.[89]
Governance in the extractive industry
- 9 countries proposed or adopted legal and regulatory reforms on beneficial-ownership disclosure through Opening Extractives by 2025.[84]
- USD 376 million in external-loan debt had accumulated at Gécamines by 2018.[84]
- 12 countries were supported by the Opening Extractives programme to strengthen beneficial-ownership governance over five years through 2025.[84]
- More than 70% of surveyed stakeholders reported increased access to beneficial-ownership data through Opening Extractives by 2025.[84]
- 45 Mongolian extractive companies were included in the 2024 EITI reconciliation report.[90]
15 Statistics
Globalization & Expansion
Regional concentration is reflected in refining and ownership patterns, including 90% of global nickel refining supply growth between 2020 and 2024 coming from Indonesia.
Globalization in the extractive industry
- 20% of global refined copper production was owned by European companies in 2024 despite limited European domestic mining.[64]
- 90% of global nickel refining supply growth between 2020 and 2024 came from Indonesia.[64]
- 95% or more of battery-grade graphite and rare-earth production was owned or geographically located in China in 2024.[64]
- 70% to 80% of global supply growth in refined copper and lithium between 2020 and 2024 came from China.[64]
- 90% of global supply growth for key energy minerals came from the top single supplier between 2020 and 2024 globally.[64]
Cultural adaptation in the extractive industry
- 43% of energy-transition-mineral mines were located on or near officially recognized Indigenous or local-community lands in 2024 globally.[29]
- 55% of energy-transition-mineral mines in the United States and Canada were located on or near recognized Indigenous or local-community lands in 2025.[91]
- 13% of energy-transition-mineral mines in Asia were located on or near recognized Indigenous or local-community lands in 2025.[91]
- 21% of energy-transition-mineral mines in Europe were located on or near recognized Indigenous or local-community lands in 2025.[91]
- 65% of energy-transition-mineral mines in Australia and the Pacific were located on or near recognized Indigenous or local-community lands in 2025.[91]
Supplier management in the extractive industry
- USD 44.636 million was spent with national suppliers at Resolute Mining’s Mako mine in 2025.[65]
- USD 204.67 million was spent with national suppliers at Resolute Mining’s Syama mine in 2025.[65]
- USD 14.2 million was paid to community suppliers by Uganda’s extractive sector in 2023.[84]
- A$10.3 billion was spent with Western Australian suppliers by Rio Tinto in 2024.[19]
- More than 380 Ugandan companies received extractive-sector enterprise-development training in 2023.[84]
Stakeholder management in the extractive industry
- 47% of 238 metals-and-mining companies assessed in 2024 had grievance mechanisms for affected communities.[29]
- 46% of 238 metals-and-mining companies assessed in 2024 had a corporate approach to engagement with Indigenous peoples.[29]
- 63% of 238 metals-and-mining companies assessed in 2024 had a community-consultation policy or approach.[29]
- 75% of United States- and Canada-headquartered metals-and-mining companies assessed in 2024 showed evidence of basic community-engagement elements.[29]
- 27% of 238 metals-and-mining companies assessed in 2024 had measures to incorporate community views into operational decision-making.[29]
Distribution channels in the extractive industry
- 59% of global refined nickel production is projected to be located in Indonesia in 2040.[64]
- 37% of global refined nickel production was located in Indonesia in 2023.[64]
- 49% of global refined copper production is projected to be located in China in 2040.[64]
- 43% was the global share of the top refined nickel producer in 2024, up from 30% in 2020.[64]
- 80% of global refined nickel production was held by the top three countries in 2024, up from 60% in 2020.[64]
Key questions about the extractive industry
What is the latest comparable measure for extractive activity volume?
What drives overall employment levels across extractive subsectors?
Which companies lead the extractive industry?
How are technology shifts showing up in extractive operations?
How does market structure differ across commodities?
How do prices work across the extractive industry?
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Samuel Norberg. (2026, November 10). Extractive Industry Statistics. Gitnux. https://gitnux.org/extractive-industry-statistics
Samuel Norberg. "Extractive Industry Statistics." Gitnux, 10 Nov 2026, https://gitnux.org/extractive-industry-statistics.
Samuel Norberg. 2026. "Extractive Industry Statistics." Gitnux. https://gitnux.org/extractive-industry-statistics.
Sources & references
103 sources cited across this report
fred.stlouisfed.org
magazine.cim.org
fsc-ccf.ca
- miningmagazine.aspermont-marketing.com
iisd.org
- thoughtlabgroup.com
ey.com
ncses.nsf.gov
crowe.com
assets.kpmg.com
nevadamining.org
- cdn2.audiencemedia.com
mdpi.com
- pulseintelligencedev.com
abiresearch.com
deloitte.com
files.seequent.com
seequent.com
riotinto.com
angloamerican.com
bhp.com
glencore.com
bls.gov
eia.gov
scania.com
fortescue.com
kpmg.com
- files.aurica.cl
spglobal.com
codelco.com
volkswagen-group.com
energy.fortescue.com
- hudbayminerals.com
qatarenergy.qa
companiesmarketcap.com
reports.anglogoldashanti.com
sr2024.nornickel.com
company-announcements.afr.com
compassminerals.com
govinfo.gov
- internationalwim.org
- wfpma.org
cultureamp.com
- manuals.plus
anglogoldashanti.com
gtk.fi
tomra.com
- links.sgx.com
cmosurvey.org
www1.hkexnews.hk
sopro.io
sopro-2271291.hs-sites.com
im-mining.com
frontiersin.org
dsmn8.com
rigzone.com
redesign.mining.com
- minedocs.com
- archive.fast-edgar.com
sec.gov
reddit.com
- ir.usgoldcorp.com
- espace.curtin.edu.au
iea.org
- financialfilings.com
assets.ey.com
- publications.qld.gov.au
cochilco.cl
pubs.usgs.gov
barrick.com
oecd.org
sciencedirect.com
komatsu.jp
global.weir
hitachicm.com
apnews.com
epirocgroup.com
- hmhw.com
metso.com
lundinmining.com
s25.q4cdn.com
sgs.com
- mining-journal.aspermont-marketing.com
eiti.org
transparency.org
alvarezandmarsal.com
opentext.com
viasat.com
chemtrec.com
api.eiti.org
bdo.co.za
- bmf.gv.at
2026.data.lancetcountdown.org
iea.blob.core.windows.net
bgs.ac.uk
usgs.gov
worldinvestmentforum.unctad.org
aramco.com
shell.com
zijinmining.com
corporate.exxonmobil.com
totalenergies.com
saladeimprensa.vale.com

Social media in the extractive industry