List of Mining Companies with the Largest Market Capitalization, Some Located in Papua

Citing data from Companies Market Cap, the market capitalization of the mining industry reached US$ 1.19 trillion as of January 11, 2022. BHP Group is the mining company with the largest market capitalization.

BHP Group's market capitalization reached US$ 162.7 billion. This Australian company owns the world's largest copper mine, Escondida in Chile. The Escondida mine can produce 1.4 million metric tons of copper annually.

Rio Tinto ranks second with a market capitalization of US$ 117.74 billion. Rio Tinto is known to have previously held shares in Indonesia's largest coal mining company, PT Kaltim Prima Coal (KPC). In 2003, Bumi Resources acquired KPC from Rio Tinto.

Next, Vale has a market capitalization of US$ 70.97 billion. In Indonesia, Vale holds a 43.8% stake in the nickel mining company PT Vale Indonesia Tbk.

Freeport-McMoRan ranks sixth with a market capitalization of US$ 61.11 billion. To date, Freeport-McMoRan still holds a minority stake in PT Freeport Indonesia.