The global green mining market is expected to grow at a CAGR of 7.1% during the forecast period. The rising government efforts in the sustainable development of the country are a key factor driving the growth of the global green mining market. For instance, Canada’s mining industry is a key enabler of the clean energy transition at home and across the globe and remains a major contributor to economic growth and job creation in Canada. The Government of Canada has been committed to working with the mining industry to ensure it continues to create good jobs for Canadians while contributing to Canada’s ambitious climate and nature goals as well as reconciliation with Indigenous Peoples.
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Lower spending on mining projects by key mining industry players may restrain the market growth. For instance, as of June 2022, mining project spending by 10 large mining companies, including Rio Tinto PLC, RIO -5.14% BHP Group Ltd. and Glencore PLC, GLNCY -1.05% is expected to stay at roughly $40 billion this year and next year, according to figures compiled by Bank of America Corp. That would put capital expenditures well below a 2012 peak close to $80 billion. Total global mining capital expenditures, which include smaller firms and state-owned enterprises, averaged about $100 billion annually over the past decade.
Market Coverage
- Market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Green Mining Market Report by Segment
By Mining Type
- Surface
- Underground
By Technology
- Power Reduction
- Fuel and Maintenance Reduction
- Toxicity Reduction
- Emission Reduction
- Water Reduction
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Green Mining Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Anglo American Plc
- BHP Group Ltd.
- Doosan Infracore
- Dundee Precious Metals Inc.
- Freeport-McMoRan Inc.
- Glencore plc
- Glencore plc, Ma’aden (Saudi Arabian Mining Company)
- Jiangxi Copper Corp.
- Rio Tinto Plc
- Sany Heavy Industry Co. Ltd.
- Saudi Arabian Mining Corp.
- Shandong Gold Mining Co. Ltd
- Tata Steel Ltd.
- Vale S.A. Factory
Reasons to buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
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