Top 20 Mining Companies' CapEx Expected to Rise to $82.4bn in 2026
Capital expenditure among the top 20 mining firms is projected to grow by 3.8% in 2026, reaching $82.4 billion. Major investments from companies like Rio Tinto and BHP indicate a strategic focus on critical minerals and project expansions.
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The capital expenditure (CapEx) of the world's leading 20 mining companies is anticipated to increase from $79.4 billion in 2025 to $82.4 billion in 2026. Rio Tinto plans to invest $11 billion in 2026, a 3.5% decrease from 2025, while BHP's expenditure will rise from $9.4 billion to $11 billion.
Teck Resources expects a 74.1% annual increase driven by copper projects, while Barrick Gold aims for $4.2 billion in CapEx, up from $3 billion. Newmont is set to allocate $3.35 billion for mine life extensions, and Mosaic will increase its spending to $1.5 billion.
Other firms like Coal India and Vale are also boosting their CapEx. This collective rise in spending showcases an industry shift towards sustainability and securing resources for future demands.
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