What are the Largest Commodity Companies in North America

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What are the Largest Commodity Companies in North America

Key Takeaways

  • ExxonMobil leads all North American commodity companies in the dataset, with a C$857 billion market cap and 235.8 million metric tons of oil and gas production, roughly double the other five companies combined.
  • Companies producing copper, lithium, uranium, silver, and gold remain critical to electrification, energy security, precious metals demand, and long-term resource supply.

North America’s biggest commodity companies, led by Exxon Mobil, supply the raw materials powering the global economy.

From oil and gas to copper, lithium, uranium, silver, and gold, these firms sit at the center of global resource demand. This graphic, in partnership with Global X Canada, is the second of three graphics in the Investing in Commodities series.

It shows the largest North American-headquartered producer of each commodity by 2025 production volume. The data comes from company investor relations websites and CompaniesMarketCap.

Energy’s Market Cap Lead

ExxonMobil dominates the ranking with a market capitalization of C$857 billion. That is roughly double the other five companies combined, which together total about C$431 billion.

Commodity Company Market Cap
$CAD Billions
2025 Production
Metric Tons
Headquarters
Oil & Gas Exxon Mobil 857 235,800,000 Spring, Texas, USA
Gold Newmont 165 167 Denver, Colorado, USA
Copper Freeport-McMoRan 128 1,540,000 Phoenix, Arizona, USA
Uranium Cameco 65 10,193 Saskatoon, Saskatchewan, Canada
Silver Fresnillo 45 1,349 Mexico City, Mexico
Lithium Albermarle 28 42,000 Charlotte, North Carolina, USA

The gap highlights energy’s outsized role in global commodities. Oil and gas remain essential to transportation, industry, chemicals, and power systems, giving ExxonMobil a scale advantage that other commodity producers have yet to match.

Critical Materials Still Matter

While energy leads by size, other commodities remain strategically important. Freeport-McMoRan is North America’s largest copper producer critical to power grids, electrification, and construction.

Meanwhile, Albemarle and Cameco represent two key inputs for the energy transition and energy security: lithium and uranium. Gold and silver producers, led by Newmont and Fresnillo, add exposure to precious metals demand and supply risk.

Investing in Commodities

For investors, the gap between energy and other commodities highlights how commodity markets can be influenced by different supply and demand dynamics.

Energy still dominates by scale, but demand for copper, lithium, uranium, silver, and gold continues to evolve. The demand may be influenced by factors including electrification, defense, and investor demand.

Global X Canada offers ETFs that provide diversified exposure to various commodity companies and sectors without requiring investors to select individual producers.

To learn more, explore the Global X All-In-One Commodity Producers Equity ETF (COMX).

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See how COMX offers diversified access across precious metals, energy, and base metals producers.

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