Largest Stone Mining Companies in the World in 2020 鈥� Stone Mining and Quarrying Market

Stone Quarrying and Mining Industry Overview

Stone mining companies are essential suppliers to the construction industry and other sectors, providing materials such as stone blocks and slabs; crushed stone, sand, and gravel; asphalt; and concrete. According to the Business Research Company, the global stone mining and quarrying market was worth $9.2 billion in 2019, with APAC accounting for more than half of the global industry.

COVID-19 has presented significant challenges to this market, contributing to an estimated decline in growth of 12.6% in 2020 as industrial activity slows around the world. However, the market is expected to recover in 2021 and reach a value of $10.4 billion by 2023. In the meantime, stone mining companies must adapt to new business practices and reduced businesses in order to survive through the pandemic and continue to take advantage of the opportunities within the stone mining and quarrying market. The world鈥檚 biggest mining companies are in the best position to do this, while smaller operations will face more challenges in terms of workflow, resources, and demand.

Largest Stone Mining Companies in 2020

*Data via D&B

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CRH

CRH is one of the world鈥檚 largest building materials and stone mining companies, operating in 30 companies globally to produce products used in construction projects of all kinds. Formed in a merger between two leading Irish stone mining companies in 1970, the organization now employs 79,200 people around the world, and its products are used in numerous infrastructure products.

CRH鈥檚 products and materials include:

• Architectural products
• Glass and glazing systems
• Infrastructure products
• Construction accessories
• Network access products
• Aggregates
• Asphalt
• Cement
• Lime
• Concrete
• Paving and construction

LafargeHolcim

Headquartered in Switzerland, LafargeHolcim was created from a merger between Lafarge and Holcim in 2015. The new company has 75,000 employees across 2,300 operating sites worldwide, including 663 aggregates plants producing crushed stone, gravel, and sand. The company enables carbon-neutral construction through global solutions such as ECOPact, and recycles waste to produce energy and raw materials.

LafargeHolcim鈥檚 products and services include:

• Cement
• Aggregates
• Ready-mix concrete
• Waste management
• Infrastructure solutions
• Building solutions

Cemex SAB de CV

Founded in Mexico in 1906, Cemex has locations in the Americas, the Caribbean, Europe, Africa, the Middle East, and Asia. The company provides building materials and services to businesses and communities around the world, employing over 40,000 people and operating 262 aggregates quarries. Its products are used in home construction and improvement, as well as the agricultural, industrial, and marine sectors.

Cemex鈥檚 products include:

• Cement
• Aggregates
• Neogem
• Ready-Mix Concrete
• Related Products

Vulcan Materials Company

Founded in 1909, the Vulcan Materials Company is one of the biggest stone mining companies in the US, producing construction aggregates such as crushed stone, sand, and gravel, as well as aggregates-based construction materials like asphalt and ready-mixed concrete. Headquartered in Birmingham, Alabama, Vulcan operates close to 500 facilities across the US, along with a quarry and marine terminal in Mexico. Its products are used for a range of infrastructure projects such as roads, bridges, ports, residential buildings, industrial facilities, and more.

Vulcan鈥檚 products and services include:

• Construction Aggregates
• Asphalt Paving Materials
• Ready-Mixed Concrete
• Railroad Ballast and Other Track Materials
• Agricultural, Chemical and Industrial Materials
• Recycled Materials
• Inert Materials Acceptance
• Technical Services

Martin Marietta Aggregates Inc.

Founded in 1993 and headquartered in Raleigh, NC in the US, Martin Marietta Aggregates is a stone quarrying and mining company that provides aggregates, cement, ready-mixed concreate, and construction materials. The company operates throughout the US, Canada, the Bahamas, and the Caribbean Islands, employing over 8,500 people. Its products are used in environmental, industrial, agricultural, and specialty applications.

Martin Marietta鈥檚 products include:

• Aggregates
• Cement
• Cement Treated Materials
• Ready Mixed Concrete
• Asphalt
• Magnesia Chemicals and Lime

Tarmac

A CRH company since 2015, Tarmac is one of the UK鈥檚 top stone mining companies and a provider of sustainable building materials and construction solutions. With over 7,000 employees across the country and over 150 years of experience, Tarmac operates 120 stone quarries, 74 asphalt plants, and 100 ready-mix concrete plants. Tarmac is also one of the UK鈥檚 largest recyclers of construction materials and one of its largest landowners.

Tarmac鈥檚 products include:

• Asphalt
• Aggregates
• Readymix
• Building Products
• Bulk Cement
• Packed Cement
• Lime
• Contracting
• Minimix
• Marine

Minerals Technologies

Minerals Technologies began in the US in the 1840s with the founding of limestone and talc mineral operations. Since then, it has grown into a global stone mining company employing 3,600 workers with 158 production locations and 12 R&D facilities in 35 countries. Minerals Technologies produces specialty mineral, mineral based, and synthetic mineral products, as well as related systems and services.

Minerals Technologies鈥� products and services include:

• Performance materials
  • Bentonite
  • Chromite
  • Leonardite
• Specialty minerals
  • PCCs
  • Talcs
  • GCCs
  • Limestone
• Refractories
• Energy services

Carmeuse Lime & Stone Inc.

Beginning as a family-run business in Belgium in 1860, Carmeuse has grown into a global performance materials and services provider with operations across Europe, the Americas, Africa, the Middle East, and Asia. The company provides lime and limestone products along with customized equipment and engineering solutions. It serves a variety of industries, including steel manufacturing, road construction, site development, building materials, and more. Carmeuse operates 80 plants and 50 limestone quarries, and employs 4,500 people globally.

Carmeuse鈥檚 products and services include:

• Iron & Steel
• Non-Ferrous
• Chemical
• PCC and Pulp & Paper
• Agriculture
• Glass & Ceramic
• Civil Engineering & Construction
• Building Material
• Flue Gs Treatment

Adbri

Formerly known as Adelaide Brighton, Adbri traces its roots back to 1882 as a cement maker. Today, it is one of Australia鈥檚 leading quarrying and stone mining companies, operating 160 plants and facilities across the country. Its portfolio includes a collection of 17 different brands, providing construction materials and industrial mineral manufacturing.

Adbri鈥檚 products include:

• Cement
• Lime
• Concrete
• Aggregates
• Paving & Landscaping
• Bricks & Besser Blocks
• Industrial Minerals

United States Lime & Minerals

Headquartered in Dallas, Texas, United States Lime & Minerals operates in the stone mining and quarrying market to produce lime and limestone products for a range of industries that include construction, metals, environmental, oil and gas, manufacturing, and agriculture. The company also operates natural gas wells in Texas. Its stone mining business includes open-pit stone quarries, an underground mine, plants, and distribution facilities serving the central United States.

US Lime鈥檚 products include:

• High Calcium Quicklime
• Hydrated Lime
• Lime Kiln Dust (LKD)
• Lime Slurry
• High Calcium Limestone

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