Mining Giants See Market Value Surge, While Others Lag

The last time Mining Journal ran its top 100 companies list, in 2022, BHP held the top spot with a market cap of $130.34 billion. Rio Tinto, at $91.5 billion was second, and China Shenhua, the world's largest coal company, was third with a market cap of $85.40 billion.Today, Mining Journal publishes its top 100 miners list, which shows that the total market valuation is worth $1.9 trillion, a growth of 36.6% over the last two years.

But who are the losers? Well, in terms of value, Glencore has lagged. It's still up there - the wolves aren't quite at the door yet - but its market cap has sagged from $71.74 billion in October 2022 to $58.4 billion, a fall of 15%.Canada's Nutrien has also suffered since the fall of the high fertiliser mineral prices in 2022, decreasing from a market cap of $48.24 billion to $23.6 billion, down 51%.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

ESG Mining Company Index: The shifting landscape of mining community investmentsStudy finds social investment fell in 2023
Herkunft: MiningOnline - 🏆 117. / 51 Weiterlesen »

Chinese Retail Giants Temu, Shein, and AliExpress Dominate the British Market Ahead of Black FridayTemu, Shein, and AliExpress are gaining significant traction in the UK with their low-priced products, amassing millions of users and overshadowing traditional retailers. Despite the discounts, concerns about product quality persist.
Herkunft: DailyMailUK - 🏆 7. / 90 Weiterlesen »

China Dominates Global Auto Market: EVs and Market Share GainsChina has rapidly ascended to become the world leader in car production and exports, particularly in electric vehicles (EVs). The country's market share has surged from 1% to 39% in two decades, fueled by government investment, automation advancements, and a booming domestic market.
Herkunft: OilandEnergy - 🏆 34. / 68 Weiterlesen »