Mining Revenue Hit $909 Billion in 2025

The world's top 40 miners leveraged AI and processing shifts to boost EBITDA by 23% last year.

Updated on Sept. 29, 2026 in Business Strategy

Isometric editorial illustration of a deep open-pit mine with stepped excavation benches, representing the global scale of the mining sector.
The world's top 40 mining companies reached $909 billion in revenue in 2025, buoyed by AI-driven automation and localized processing shifts. AI Illustration. Upload story photo >

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Should resource-rich countries prioritize domestic processing of minerals over raw material exports?

The world's top 40 mining companies generated $909 billion in total revenue during 2025, a 3.3% increase that signals continued growth in the global extraction sector. The findings, detailed in the 2026 Mine report by PwC, highlight how major producers are optimizing operations to capture greater economic value.

Why it matters

Operators face a market where resource-rich nations like Kazakhstan are increasingly prioritizing domestic refining to keep processing profits in-country. To stay competitive, firms are increasingly integrating AI tools for ore grade prediction and automated mine planning.

The top 40 mining companies reached $909 billion in total revenue and $120 billion in net profit during 2025, with EBITDA rising 23% to $248 billion versus the prior year. This financial performance underscores the efficacy of operational shifts toward automation in a competitive global market.

The players

PwC

A global professional services network that provides audit, advisory, and tax services to large-scale industrial clients.

The details

Companies are driving these gains by deploying AI for automated mine planning and ore grade prediction, technologies that lower operational overhead. Simultaneously, countries such as Kazakhstan are actively streamlining bureaucracy to better connect their mineral reserves to transport hubs serving Europe and Asia. Major producing jurisdictions globally are also pivoting toward capturing more value by developing local processing and refining activities.

Timeline

  1. Financial results for the top 40 mining companies were recorded in 2025.

  2. PwC published the Mine 2026 report in 2026.

Market Landscape

This development aligns with the long-standing industry shift toward domestic resource nationalism, where nations now mandate local refining to capture more value from extracted raw materials. It follows a pattern established by other resource-rich countries that are increasingly moving to localize their supply chains.

Operators in the industrial and mining supply chain should factor in the ongoing integration of AI as a standard for operational efficiency. Review logistics partnerships in jurisdictions like Kazakhstan as these regions transition from raw exporters to processing hubs.

The takeaway

The mining sector is successfully leveraging automation to expand margins even as geopolitical pressure to localize processing grows. Operators should monitor the adoption of AI-driven planning tools to benchmark their own operational productivity against global leaders.

Further reading

For a deeper look at how global operational shifts impact your sector, visit our Business Strategy section.

Source note: This article includes information reported by Qazinform.

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Should resource-rich countries prioritize domestic processing of minerals over raw material exports?