The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The green mining market size has grown strongly in recent years. It will grow from $9.82 billion in 2023 to $10.66 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%.  The growth in the historic period can be attributed to demand for sustainable resource, cost savings through efficiency, community and stakeholder expectations, water and energy efficiency, rehabilitation and restoration initiatives. The green mining market size is expected to see strong growth in the next few years. It will grow to $14.09 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%.  The growth in the forecast period can be attributed to circular economy in mining, innovation in mining equipment, eco-friendly materials processing, biodiversity conservation, responsible mineral sourcing initiatives. Major trends in the forecast period include zero-emission vehicles and technologies, blockchain for transparency and traceability, carbon capture and storage (CCS), collaboration for sustainable mining practices, advanced sensor technologies.

The green mining market is witnessing growth propelled by the increasing demand for surface mining techniques. Surface mining, favored by mining companies for its cost-effectiveness and safety, encompasses sub-types such as strip mining, open-pit mining, dredging, high-wall mining, and mountaintop removal. In 2022, open-pit mining, as noted by Intech Open, demonstrated higher productivity, lower production costs, and a safer and more hygienic environment compared to underground mining. This preference for surface mining techniques is a driving force behind the rapid growth of the green mining market in 2023, 2024, and 2028.

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What Are The Key Trends That Influence Green Mining Market Share Analysis?
Major players in the green mining market are focusing on developing innovative solutions such as green energy accelerator platforms. These platforms are designed to speed up the development and adoption of renewable energy solutions. For instance, in November 2023, Fortescue Metals, an Australia-based green energy company, launched ‘Fortescue Capital,’ a green energy investment accelerator platform. It offers flexible funding models customized for each project, pending approval from the Fortescue board.

Which Market Players Are Driving Growth In The Green Mining Market?
Major companies operating in the green mining market report are Glencore plc, Jiangxi Copper Corporation, BHP Group Limited, Caterpillar Inc., Rio Tinto Group, Vale S.A., Anglo American plc, Tata Steel Ltd., Komatsu Ltd., Freeport-McMoRan Inc., Valeo SA, Atlas Copco, Teck Resources Limited, Doosan Corporation, Sany Heavy Industry Co. Ltd., Newmont Corporation, Sandvik AB, MA’ADEN, Hitachi Construction Machinery Co. Ltd., First Quantum Minerals Ltd., Shandong Gold Mining Co. Ltd., Albemarle Corporation, Eramet SA, Saudi Arabian Mining Corporation, Lundin Mining Corporation, Liebherr Group, Dundee Precious Metals Inc., Battery Mineral Resources, Joy Global Inc., Century Lithium, Metso Corporation, Outotec Oyj, FLSmidth & Co. A/S, Arena Minerals Inc.

How Is The Global Green Mining Market Segmented?
The green mining market covered in this report is segmented –
1) By Type: Surface, Underground
2) By Technology: Power Reduction, Emission Reduction, Water Reduction, Other Technologies
3) By Application: Mining, Exploration Geology

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The Green Mining Global Market Report 2024 provides an overview of the green miningmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The green mining market forecast analyzes green mining market size, green mining market share, leading competitor and their market positions.

The Table Of Content For The Green Mining Market Include
1. Green Mining Market Executive Summary
2. Green Mining Market Segments
3. Green Mining Market Size And Template Market Growth Rate
4.  Key Green Mining Market Trends
5. Major Green Mining Market Drivers
……
25. Key Mergers And Acquisitions In The Green Mining Market
26. Top Green Mining Companies
27. Green Mining Market Opportunities And Strategies
28. Green Mining Market, Conclusions And Recommendations
29. Appendix

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