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These three facilities have a combined annual capacity of 1.5 million metric tonnes. Codelco, not surprisingly, is the world's largest producer of copper. In 2014, the company produced nearly 400,000 tonnes more copper than the world's second largest producer, Aurubis. Flash-continuous technology is used in more than half of all refinieries (about 70 percent), while world refinery capacity utilization in 2013 was estimated to be nearly 80 percent.
Sinopec was China's largest and the world's third-largest company by revenue in 2014, with a total annual revenue of over US$450 billion. In terms of total assets, the Industrial and Commercial Bank of China was both China and the world's largest bank in 2014, with over US$3 trillion worth of assets. This article lists the largest companies in China in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes. In 2014, Fortune's Global 500 list of the world's largest corporations included 95 Chinese companies, with combined revenues of US$5.8 trillion. That same year, Forbes reported that five of the world's ten largest public companies were Chinese, including the world's largest bank by total assets, the Industrial and Commercial Ba