Company revenue in the six months to June 30 rose 33% year on year to $8.9 billion.

The precious metals miner said lower outstanding debt, resulting in a decrease in finance costs had also contributed to the profit increase.

It joins rivals Rio Tinto and Anglo American in declaring bonanza payouts after record half-year profits boosted by commodities rally.

The graphic takes a look at the world’s largest mining companies by market capitalization and the metals they produce.

Smaller miners with annual production under 100,000 tonnes in particular warned that they would be disproportionately impacted given their higher operating costs.

BHP plans to operate one of the first batches of zero-emission trucks upon commercial release.

About 85% of members of USW Local 6500 voted in favour of Vale’s latest five-year contract offer.

There has been no material impact to operations at Cloudbreak iron ore mine.