Metal Ore Mining
Industry Description
The US metal ore mining industry includes about 200 companies with combined annual revenue of over $28 billion. Major companies include Cliffs Natural Resources, Freeport-McMoRan Copper & Gold (FCX), Newmont Mining, Southern Copper, and The Doe Run Company. Metal ore mining is highly concentrated: the largest 10 gold companies account for 95 percent of revenue.
SIC: 1011, 1021, 1031, 1041, 1044, 1061, 1081, 1094
NAICS: 212210, 212221, 212222, 212231, 212234, 212291, 212299, 213114
NAICS: 212210, 212221, 212222, 212231, 212234, 212291, 212299, 213114
Related Industries:
Coal Mining, Steel Service Centers & Other Metal Wholesalers, Nonmetallic Mineral Mining & Quarrying, Primary Metals Manufacturing, Recyclable Material Wholesalers, Architectural & Structural Metals ManufacturingTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| HAMERSLEY IRON - YANDI PTY LIMITED | 40,574.28M | Perth, Wa |
| Anglo American plc | 27,622.49M | London, United Kingdom |
| HWE NEWMAN ASSETS PTY LIMITED | 16,487.20M | Nedlands, Vic |
| ALCOA INC | 16,464.18M | Booragoon, Western Australia |
| RANGES MINING PTY LTD | 11,991.53M | Perth, Wa |
Trends
Declining US Reserves - High-quality US ore deposits are being depleted as production...
Industry Indicator
Total US durable goods manufacturers' shipments, which indicate demand for metals used in the production of manufactured goods, rose 8 percent in the first eleven months of 2011 compared to the same period in 2010.
Quarterly Industry Update
Miners Face New Restrictions - US Secretary of the Interior Ken Salazar recently announced that more than 1 million acres of federal land near the Grand Canyon will be closed...


