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Mining Waste Management Market Report 2024: Size, Share, Growth, Trends, Forecast 2033
Mining Waste Management Market
As per the report, the mining waste management market size has grown strongly in recent years. It will grow from $197.49 billion in 2023 to $210.41 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The mining waste management market size is expected to see strong growth in the next few years. It will grow to $272.29 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%.
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Rising Demand For Metals And Minerals Ignites Growth In The Mining Waste Management Market
Increasing demand for metals and minerals across various industries is expected to propel the growth of the mining waste management market going forward. Metals and minerals are solid, naturally occurring inorganic substances found in the Earth's crust. Increasing demand for metals and minerals across various industries helps the mining waste management market to grow by ensuring proper waste management during each stage of the mining process, including prospection and exploration, development, extraction, transport, and treatment of the extracted product. For instance, according to the National Mineral Development Corporation Limited (NMDC), an Indian government-owned mineral producer, stated that in the fiscal year that ended on March 31, 2022, iron ore produced 42.15 million tons (MT), an increase of 23% year over year. Therefore, increasing demand for metals and minerals across various industries is driving the growth of the mining waste management market.
Strategic Partnership For Sustainable Mining Waste Management
Major companies operating in the mining waste management market are focusing on strategic partnership, to provide reliable services to customers. A strategic partnership is an arrangement between two or more companies or organizations that helps each other or work together to achieve their respective goals. For instance, in March 2023, Talon Metals Corp., a US-based Copper ores company partnered with EnviCore Inc., a Canada-based technology company offering innovative and sustainable by-product treatment solutions. Using EnviCore's technology, Talon Metals and EnviCore are conducting lab-scale studies to investigate the possibility of converting tailings from the processing of nickel and copper bearing ores into products that are used in infrastructure and construction projects, thereby reducing and possibly eliminating waste creation.
The mining waste management market covered in this report is segmented -
1) By Mining Type: Surface, Underground
2) By Mineral/Metal: Coal, Iron, Gold, Aluminum, Copper, Nickel, Other Minerals or Metals
3) By Waste Type: Overburden/Waste Rock, Tailings, Mine Water
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Major companies operating in the mining waste management market report are Veolia Environnement SA, Teck Resources Limited, Metsana Group, Amec Foster Wheeler plc, Stantec Inc., Daiseki Co Ltd., Tetra Tech Inc., Ramboll Group A/S, Cleanway Environmental Services, Boart Longyear Corporation, Golder Associates Corporation, Ausenco Ltd., Hatch Ltd., Averda, Enviroserv Waste Management (Pty) Ltd., Klohn Crippen Berger Ltd., Barr Engineering Company, Enviropacific, Aevitas Co, Interwaste Holdings Ltd., Knight Piesold, Toxfree Solutions Ltd., Jones & Wagener, ATC Williams Pty. Ltd., Earth Systems, American Waste Management Services Inc., SRK Consulting (Australasia) Pty Ltd., Global Mining Solutions, Zeal Environmental Technologies Limited, Beavers Engineering Ltd.
Contents of the report:
1. Executive Summary
2. Mining Waste Management Market Report Structure
3. Mining Waste Management Market Trends And Strategies
4. Mining Waste Management Market - Macro Economic Scenario
5. Mining Waste Management Market Size And Growth
…..
27. Mining Waste Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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