Return to growth for METS200 companies in FY21

Mining supply leaders chasing material growth levels this decade saw a bounce back in 2021 revenues after the disruptions of 2020, with InvestMETS METS200 data showing a 7.8% year-on-year lift in mining-related sales to more than US$113 billion. The top 30 companies, accounting for about 70% of industry revenue, saw a circa-6% rebound.

METS200, produced by InvestMETS.com, is the only global ranking of significant mining suppliers based on mining-sector revenues.

This year has seen further headwinds in the form of Russia sanctions that have blocked a key market for many global mining equipment, technology, services and consumables (METS) supply leaders, and severe disruption to both China-centric supply chains and the country’s infrastructure spend and commodity demand.

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