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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In Budget 2022, Canada committed $3.8 billion over eight years for a Canadian Critical Minerals Strategy to support the development of and attract investment in Canada’s critical minerals. In 2021, Canada identified 31 metals and minerals it considers “critical.” Canada is a leading global producer of many critical minerals including those used in advanced battery technologies, such as copper, graphite and nickel. Such investments in green mining technologies are anticipated to make a considerable contribution to the growth of the global green mining market. Additionally, multilateral financial institutions are also enforcing the mining industry to go green. The World Bank and International Finance Corp. (IFC) Climate Smart Mining program intend to improve environmental sustainability in the mining industry. Such kinds of initiatives are further leveraging the market growth.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Green Mining Market Report by Segment
By Mining Type
- Surface
- Underground
By Technology
- Power Reduction
- Fuel and Maintenance Reduction
- Toxicity Reduction
- Emission Reduction
- Water Reduction
Global Green Mining Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global green mining market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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