Press release
Green Mining Market to Reach USD 15.92 Billion by 2030 | DataM Intelligence
Renewable Energy Integration and Sustainable Mining Practices Accelerate Market ExpansionAccording to DataM Intelligence, the Global Green Mining Market was valued at USD 12.59 billion in 2023 and is projected to reach USD 15.92 billion by 2030, growing at a CAGR of 3.5% from 2024 to 2030. Rising concerns over environmental degradation and global sustainability initiatives are reshaping the mining sector. Governments and private operators worldwide are investing in energy‐efficient, low‐emission, and resource‐conscious technologies that reduce the ecological footprint of mining operations.
Asia Pacific dominated the global market with a 38.65% revenue share in 2023, led by China and India's rapid infrastructure development and adoption of power‐saving and water‐management technologies. Countries across North America and Europe are also advancing green mining initiatives through legislation and partnerships that encourage renewable energy deployment and reclamation of mined lands.
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Key Highlights from the Report
➤ Global green mining market to reach USD 15.92 billion by 2030, expanding at a 3.5% CAGR.
➤ Asia Pacific led with a 38.65% share in 2023 and China accounted for 41.39% of the regional market.
➤ Power reduction technologies dominated the market with a 36% revenue share in 2023.
➤ Surface mining applications held over 66% of market revenue due to large‐scale deployment of energy‐efficient methods.
➤ Emission reduction technologies expected to grow above 4% CAGR with tightening regulations on carbon footprint.
➤ Government policies and digitalization are spurring mining efficiency and environmental accountability.
Market Segmentation
Technology Insights
The power reduction technology segment dominated the market in 2023 with a 36.0% share, as mining companies invested in renewable energy, energy‐storage technologies, and low‐power processing equipment. For instance, Anglo American announced plans to transition 60% of its global grid supply to renewable energy by 2025. This shift toward clean power adoption not only reduces operational costs but also aligns with international climate objectives.
The emission reduction technology segment is anticipated to grow at over 4.0% CAGR through 2030, driven by strict government regulations and corporate commitments to carbon neutrality. Key developments in carbon capture, automation, and green fuel technologies are further propelling this segment.
Surface Insights
The surface mining segment held the largest share of over 66% in 2023. The integration of renewable energy-solar, wind, and hydroelectric-into large‐scale surface projects has helped reduce fossil fuel dependency. Waste management and water treatment solutions for surface operations significantly lessen soil erosion and air pollution caused by overburden removal.
In contrast, the underground mining segment is expected to witness the fastest growth, attributed to ongoing investments in automation, emission‐free machinery, and sustainable ventilation systems that reduce energy consumption in deep mining environments.
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Regional Insights
North America
The North American green mining market accounted for around 27% of the global revenue share in 2023. Active legislative measures such as the Bipartisan Infrastructure Law (2023) are fueling clean energy projects on current and former mine lands. The U.S. Department of Energy (DoE) has invested USD 450 million to support these programs-helping revitalize rural industries while reducing greenhouse emissions. Companies like Warrior Met Coal Inc. are implementing Regenerative Thermal Oxidizer (RTO) systems to mitigate ventilation air methane emissions from mining facilities.
Asia Pacific
The Asia Pacific region was the largest global market with a 38.65% share in 2023. Strong investment in automation and power reduction is driving regional growth, particularly in China, which accounted for 41.39% of the regional share. Rapid industrialization, urbanization, and favorable government policies encourage green infrastructure and sustainable mining investments. India emerged as the fastest‐growing market in Asia Pacific as private players focus on eco‐friendly mining deployment.
Europe
Europe's green mining market accounted for 16.7% of global revenue in 2023. EU regulatory frameworks prioritize resource recycling and carbon reduction, creating incentives for companies to adopt low‐emission technologies. Turkey, with over 11% of Europe's regional revenue, is gaining momentum through stringent environmental policies and foreign direct investment in sustainable metals production.
Central & South America
This region represented approximately 7% of the global market in 2023, with Brazil holding a 29% share. Rising private investments in green mining solutions, particularly in Chile and Argentina, are strengthening regional growth. Coalition initiatives with energy companies are further supporting the transition toward renewable power and sustainable ore extraction.
Market Dynamics
Market Drivers:
The global shift toward renewable energy and sustainability in resource industries is driving green mining adoption. Techniques such as automation, digital monitoring, and eco‐efficient energy use are revolutionizing operational efficiency and reducing carbon emissions.
Market Restraints:
High capital investment, limited skilled labor for advanced green technologies, and slow policy implementation in developing markets continue to restrict widespread adoption of eco‐safe mining methods.
Market Opportunities:
The ongoing innovation in automation, digitalization, waste recycling, and water treatment technologies provides significant growth potential. Supportive government regulations and cross‐sector collaborations between energy and mining companies present lucrative pathways for development.
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Reasons to Buy the Report
✔ Comprehensive market overview with detailed data on global trends, growth drivers, and forecast through 2030.
✔ High‐value insights on emerging technologies and power reduction initiatives in mining.
✔ Analysis of regional policies and investments in green infrastructure across major markets.
✔ Profiles of leading players and case studies highlighting sustainable implementation.
✔ Forecast of market opportunities for OEMs, technology providers, and renewable energy collaborators.
Frequently Asked Questions (FAQs)
◆ How big is the global green mining market in 2030?
◆ What is the projected CAGR for the green mining market from 2024 to 2030?
◆ Which technological segment leads the market in green mining adoption?
◆ Which region is expected to dominate the global green mining market by 2030?
◆ Who are the key players operating in the global green mining industry?
Company Insights
Anglo American
Antofagasta PLC
ArcelorMittal
BHP Group
CODELCO
Freeport‐McMoRan Inc.
Glencore Plc
Rio Tinto
Vale S.A.
Zijin Mining Group Co. Ltd.
Recent Developments:
- In February 2024, Anglo American announced that its Barro Alto Nickel and Minas‐Rio Iron Ore mines in Brazil achieved the IRMA 75 standard-reflecting a strong commitment to responsible and transparent metal production.
- In February 2024, Petrobras and ArcelorMittal Brazil signed a MoU to develop carbon capture and storage (CCS) technologies and low‐carbon business models under Brazil's energy transition framework.
Conclusion
The global green mining market is evolving rapidly as the industry moves toward renewable energy integration, automation, and digital sustainability frameworks. Ongoing investment in power reduction and emission control technologies, coupled with rising regulatory pressure for carbon neutrality, will sustain long‐term market momentum. With Asia Pacific and North America leading the way in technology adoption and policy reform, green mining is set to redefine the future of resource extraction by balancing economic growth with environmental preservation.
Contact Us
Mr. Sai Kiran
DataM Intelligence 4market Research LLP Ground floor
DSL Abacus IT Park, Industrial Development Area
Uppal, Hyderabad, Telangana 500039
USA: +1 877-441-4866
Email: Sai.k@datamintelligence.com
Visit Our Website: https://www.datamintelligence.com
About Us
DataM Intelligence 4Market Research is a comprehensive market intelligence platform offering syndicated and customized reports along with expert consulting across multiple industries, including chemicals, healthcare, agriculture, food & beverages, and more. With extensive experience and a strategy-focused approach, DataM provides businesses and individuals with reliable market insights, statistical forecasts, and personalized research solutions to help them make informed decisions and successfully bring innovations to market.
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