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The global green mining market size was calculated at USD 13.09 billion in 2024 and is predicted to increase from USD 13.55 billion in 2025 to approximately USD 18.53 billion by 2034, expanding at a CAGR of 3.54% from 2025 to 2034. The market growth is attributed to the increasing adoption of renewable energy technologies and strengthened regulatory frameworks, which drive low-impact mining practices.
The introduction of renewable energy into the mining system is a key factor driving the green mining market toward sustainable mining. Under this technological change, the inclusion of solar, wind, and hydrogen power supplies aims to substitute traditional fossil fuels, thereby reducing greenhouse gas emissions and operational expenses. The use of technologies like solar mining gear, wind power to process plants, and hydrogen-powered fuel cells to haul trucks are all signs of the industry being sustainable.
Artificial intelligence enhances green mining by making it more efficient and reducing environmental impact throughout the entire value chain. To reduce drilling impacts on the land and preserve resources, companies use AI in the exploration of the geological data to detect deposits with minimal drilling. Furthermore, the AI-controlled autonomous trucks, drilling rigs, and sorting systems for ore allow companies to consume less energy and water while recovering as many useful minerals as possible.
The green mining market is undergoing a disruptive technological change, influenced by the pressing need to minimize environmental impacts and the adoption of stringent global sustainability regulations. The adoption of renewable-powered mining activities, with firms installing solar, wind, and hybrid energy sources, reduces the use of fossil fuels and carbon emissions. Significant changes are being made through the use of artificial intelligence (AI), automation, and digital twins to optimize mine planning, predictive maintenance, and energy consumption, thereby reducing waste and operational inefficiencies.
Anglo American and other companies are testing the use of hydrogen to operate haul trucks and employing AI systems that manage water, reducing resource usage. There is a growing trend in bioleaching and green chemistry to extract metals such as copper, nickel, and cobalt. They produce fewer toxic byproducts, which provide cleaner alternatives to traditional smelting. The recycling and urban mining technologies are also on the rise, enabling the recovery of important minerals from electronic waste and secondary sources, which relieves pressure on virgin mining.
Democratic Republic of Congo (DRC) has replaced its cobalt export ban with quota limits starting October 2025, setting export ceilings of 18,125 tons for the remainder of 2025 and 96,600 tons annually in 2026-2027, aiming to improve price stability and traceability (Source: https://www.reuters.com)
Forests & Finance coalition reports that between 2016-2024, banks invested US$493 billion into transition mineral mining while investors held US$289 billion in related bonds/shares. However, the report highlights gaps in ESG and human rights safeguards. (Source: https://www.theguardian.com)
The Intergovernmental Forum on Mining, Minerals, Metals & Sustainable Development (IGF) in its 2024 Annual Report added Chile, Comoros, and Timor-Leste to its membership, reaching 85 countries, and ran 24 capacity-building programs for over 1,200 participants, focusing on sustainable and fair mining governance. (Source: https://evolutionautoindia.in)
India’s 2024 Budget introduces a “Critical Minerals Mission” and waives customs duty on 25 critical minerals, including lithium and cobalt, to drive domestic production, recycling, and processing of those resources.(Source: https://commission.europa.eu)
The European Union enforced the Critical Raw Materials Act on 23 May 2024, aimed at securing a sustainable supply of raw materials by boosting extraction, processing, and recycling capacities within the EU. The Act aligns with EU goals to reduce strategic dependencies and enhance resilience in energy transition supply chains.(Source: https://vajiramandravi.com)(Source: https://www.unido.org)
Lloyds Metals & Energy Ltd. (India) moves to establish the Surjagarh Iron Ore Mine as India’s first “green mine” in Maharashtra by adopting multiple green-technology measures. The annual COâ‚‚ emissions reduction achieved amounts to ~32,000 tonnes initially, with an expected rise in emissions after the full transition.
UNIDO launched the Global Alliance for Responsible and Green Minerals in January 2024, uniting governments, mining companies, academic institutions, NGOs, financial institutions, labor unions, and affected communities to promote responsible mineral extraction, higher local value-addition, and adherence to human rights and ESG standards.
| Report Coverage | Details |
| Market Size in 2024 | USD 13.09 Billion |
| Market Size in 2025 | USD 13.55 Billion |
| Market Size by 2034 | USD 18.53 Billion |
| Market Growth Rate from 2025 to 2034 | CAGR of 3.54% |
| Dominating Region | Asia Pacific |
| Base Year | 2024 |
| Forecast Period | 2025 to 2034 |
| Segments Covered | Mining Method, Sustainable Technology, Mineral Type, Equipment Type, and Region |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
How Is Increasing Demand for Sustainable Mineral Extraction Driving Growth in the Green Mining Market?
Increasing demand for sustainable mineral extraction is expected to drive market growth. According to the IEA data on the Global Critical Minerals Outlook 2024, lithium demand has increased by 30% in 2023. In the case of high-ambition scenarios, nearly all key energy-transition minerals are expected to have nearly tripled in value by 2030, which puts additional pressure on producers to rely on less impactful mining techniques.
Governments and companies focus on sustainable remedies to lower carbon intensity and decrease land disturbance, large miners. They allocate funds to electric haulage, renewable power processing, and accurate sorting of ore to boost energy productivity and recoveries. Furthermore, the high focus on corporate social responsibility and investor-driven sustainability targets is estimated to strengthen market momentum.
High Capital Investment Requirements Hamper Adoption of Green Mining Solutions
High capital investment requirements are expected to slow the adoption of green mining solutions, further hindering the market. Electric haul trucks, renewable energy-powered processing facilities, and AI-controlled ore sorting are the most challenging to implement due to their high initial costs. Furthermore, the restraint due to technological limitations is anticipated to challenge the rapid deployment of green mining techniques.
How is Growing Regulatory Pressure on Emissions and Resource Efficiency Accelerating the Adoption of Green Mining Technology?
Growing regulatory pressure on emissions and resource efficiency is expected to create significant opportunities for market players. Environmental regulators are implementing more stringent controls on carbon intensity, water discharge, and waste management to demand real-time emissions and resource-use reporting. To comply with these standards and minimize operational risk, companies incorporate low-emission sources of power, such as solar arrays and hydrogen-fueled tools.
Public access to permit and emissions data, as well as the encouragement of operators to install continuous-monitoring systems, are the results of regulations such as the EU Industrial Emissions Portal Regulation, which became effective on 22 May 2024. In 2024, the ICMM announced that more than 25 member companies are committed to achieving net-zero Scope 1 and Scope 2 emissions by 2050, with targets to be met by 2030. Additionally, the surging demand for critical minerals used in renewable energy technologies is projected to propel industry expansion. (Source: https://www.icmm.com)
Why Is Open-Pit Mining Dominating the Green Mining Market?
The open-pit mining segment dominated the green mining market in 2024, accounting for an estimated 40% market share, due to the high throughput and reduced unit extraction costs associated with large near-surface deposits. This favours open-pit methods for operators, which are suitable for bulk commodities such as copper, iron ore, and lithium.
Current open-pit mining operations combine electric haul fleets and new high-scale renewable generation power plants. This diminishes Scope 1 emissions and enhances the cost-effectiveness of benign mining. The IEA emphasised in 2024 that investment inflows in critical minerals supply slowed to 5% in 2024, or 14% in 2023. Those majors are focusing on open-pit projects that utilize capital and renewable energy integration most effectively. Furthermore, the ore-sorting and in-pit crushing technologies enhance recovery and reduce energy consumption, further fuelling the segment. (Source: https://www.iea.org)
The longwall mining segment is expected to grow at the fastest rate in the coming years, owing to the expansion of the underground mining technique. Mining companies use the longwall method because it achieves high resource recovery and minimal disturbance to the surface land compared to large open pits.
This meets the more rigid permitting and community-acceptance standards. Additionally, the large miners also associated nature-positive and net-zero pledges with a greater use of underground technologies that restrict land perturbation, consistent with the adoption of longwall mining.
What Makes Energy-Efficient Comminution & Sorting the Largest Sub-Segment in Green Mining?
The energy-efficient comminution & sorting segment held the largest revenue share in the green mining market in 2024, accounting for approximately 30% of the market, as it reduced overall site energy intensity and decreased operational costs.
Optical, XRF, and LIBS sensor-based ore sorting and conveyor delivery elevate feed grade to processing plants and increase recoveries, and reduce haulage volumes and tailings. Moreover, the increased investment in comminution and sorting upgrades will further facilitate the segment in the coming years.The emission reduction systems segment is expected to grow at the fastest CAGR in the coming years, owing to the increased implementation of emission control mechanisms.
Operators are accelerating the electrification of mobile fleets and testing hydrogen-fueled heavy haulage to reduce the number of diesel combustion and Scope 1 emissions at the source. Furthermore, to reduce direct emissions caused during the refining and processing phases, smelters and concentrators further increase their demand for emission reduction systems.
Why Does Coal Remain the Dominant Mineral Type in Green Mining?
The coal segment dominated the green mining market in 2024, accounting for 35% of the market share, as coal continues to be a significant source of energy in the developing economies and industrial centres. According to the International Energy Agency (IEA), global coal power generation increased by nearly 1% in 2024, underscoring its robustness in energy reserves.Electrified haulage, methane capture systems, and other green mining technologies help alleviate the environmental impacts of coal mining activities. Thus, allowing coal mining projects to comply with more stringent environmental standards further propels the green mining technology market.
The lithium segment is expected to grow at the fastest rate in the coming years, driven by the unique applications of lithium in the production of electric cars, grid-scale storage, and electronic devices.
How Are Electric Haul Trucks Leading the Green Mining Market?
The electric haul trucks segment held the largest revenue share in the green mining market in 2024, with a market share of about 45%, as they are quickly replacing fossil-fueled trucks in mining companies. Thus, decreasing carbon emissions, lowering fuel prices, and enhancing efficiency.
The International Council on Mining and Metals (ICMM) also reported that mining activities using electric haul trucks have recorded a reduction of up to 30% in greenhouse-gas emissions compared to the use of diesel vehicles. Furthermore, programs funded by governments and development agencies, such as the World Bank and the International Energy Agency (IEA), aim to incentivize the use of zero-emission haulage, thereby strengthening their dominance in the market. (Source: https://theicct.org)
The battery-powered drills segment is expected to grow at the fastest CAGR in the coming years, as they are less noisy, cleaner, and efficient than the pneumatic or diesel-powered ones. This addresses the environmental and safety concerns associated with mining activities.
The International Labour Organisation (ILO) argues that noise reduction and better air quality in the mines can promote the health of workers, motivating them to purchase battery-powered tools. Additionally, the battery-powered drills are becoming the most dynamic sub-segment of the equipment category, driven by both sustainability goals and technological advancements.
The Asia Pacific green mining market size was exhibited at USD 5.24 billion in 2024 and is projected to be worth around USD 7.50 billion by 2034, growing at a CAGR of 3.65% from 2025 to 2034.
What Factors Make Asia-Pacific the Largest Region in the Green Mining Market?
The Asia Pacific dominated the global market with the largest share in 2024, accounting for an estimated 40% market share, and is expected to maintain this position in the coming years, driven by rapid industrialization, abundant mineral resources, and substantial investments in sustainable mining technologies.
In 2024, the Asia-Pacific region supplied 62.4% of the world's energy and contributed 52.2% of the total CO2 emissions from energy, with coal accounting for 56% of the energy mix. The governments of Australia, China, and Indonesia have enacted strict sustainability policies and incentives for low-carbon mining projects, which have increased the use of green technologies. BHP, Rio Tinto, and Vale, the other key mining companies, have declared their intentions to use an electrified haul fleet and battery-operated devices to enhance their Asia-Pacific regional dominance (Source: https://www.unescap.org)
| Country / Region | Regulatory Body | Key Regulations / Frameworks | Focus Areas |
Notable Notes |
| United States | .S. EPA (Environmental Protection Agency), U.S. Department of Energy (DOE) | Clean Air Act & Clean Water Act (for emissions & discharges) - Inflation Reduction Act (2022), sustainability incentives | Emission reduction - Wastewater treatment - Critical minerals funding | The DOE announced $3.5 billion in 2024 for battery material processing projects to encourage low-carbon mining practices. |
| European Union | European Commission + European Chemicals Agency (ECHA) + DG GROW | EU Critical Raw Materials Act (2023) - EU Green Deal - Industrial Emissions Directive | Sustainable sourcing - Supply chain traceability - Low-carbon extraction | The Critical Raw Materials Act sets a target for 10% of raw materials to be mined within the EU by 2030, adhering to strict environmental standards. |
| China | Ministry of Ecology and Environment (MEE) + Ministry of Natural Resources (MNR) | Green Mine Construction Guidelines - 14th Five-Year Plan for Green Mining (2021–2025) | Energy efficiency - Land restoration - Tailings & waste reduction | China designated over 1,000 green mines by 2024, aiming for nationwide adoption of eco-mining standards by 2035. |
| India | Ministry of Mines + MoEFCC (Environment, Forest, and Climate Change) | Sustainable Development Framework (SDF) for Mining - Star Rating of Mines Scheme | Biodiversity conservation - Mine closure planning - Energy efficiency | By 2024, over 150 mines achieved 4–5 star ratings, reflecting compliance with green benchmarks in resource efficiency and environmental care. |
| Australia | Department of Industry, Science and Resources (DISR) + Minerals Council of Australia (MCA) | Towards Sustainable Mining (TSM) Program - EPBC Act (Environment Protection and Biodiversity Conservation) | ESG transparency - Water use management - Community engagement | Australia’s TSM framework aligns with ICMM standards, requiring miners to publish annual sustainability performance from 2025 onward. |
(Source: https://www.jepic-usa.org)
(Source: https://www.chinadaily.com.cn)
(Source: https://www.pib.gov.in)
(Source: https://www.icmm.com)
(Source: https://www.pib.gov.in)
(Source: https://www.mining-technology.com)
(Source: https://www.pib.gov.in)
By Mining Method
By Sustainable Technology
By Mineral Type
By Equipment Type
By Region
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