Green Mining Market Report 2026

The green mining market size has grown steadily in recent years. It will grow from $11.08 billion in 2025 to $11.55 billion in 2026 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to stricter environmental regulations in mining, early adoption of emission control systems, rising water scarcity concerns in mining regions, operational cost pressures, pilot sustainability initiatives in mining.

The green mining market size is expected to see steady growth in the next few years. It will grow to $13.51 billion in 2030 at a compound annual growth rate (CAGR) of 4%. The growth in the forecast period can be attributed to increasing investments in decarbonized mining operations, growing demand for ESG-compliant mining, expansion of autonomous and electric mining fleets, increasing use of digital environmental monitoring, integration of circular mining practices. Major trends in the forecast period include increasing adoption of low-emission mining technologies, rising implementation of water and energy reduction solutions, growing use of electrified mining equipment, expansion of environmentally responsible mining practices, enhanced monitoring of environmental impact.

The increasing energy consumption is driving the growth of the green mining market going forward. Energy consumption refers to the total amount of energy used over a specific period, typically measured in kilowatt-hours (kWh) or joules. Green mining promotes the use of renewable energy sources, helps reduce greenhouse gas emissions, and incorporates waste heat recovery systems. For instance, in March 2025, according to the U.S. Energy Information Administration, cumulative utility-scale battery energy storage capacity in the United States exceeded 26 GW in 2024, with 10.4 GW of new capacity added during the year and plans to add another 19.6 GW in 2025. Therefore, the rising energy consumption is fueling the rapid growth of the green mining market.

Major players are dedicated to developing innovative solutions, including green energy accelerator platforms. A green energy accelerator platform is a specialized initiative or digital platform designed to accelerate the development, adoption, and scaling of green or renewable energy solutions. In November 2023, Fortescue Metals, an Australia-based green energy company, launched 'Fortescue Capital,' a green energy investment accelerator platform. This platform, developed as a fiduciary for third-party capital, offers a flexible funding approach with models customized for each project, contingent upon formal approval from the Fortescue board.

In March 2023, Green Shift Commodities Ltd., a Canada-based mining and exploration company, acquired LFP Resources Corp. for an undisclosed amount to secure rights to the Rio Negro Hard Rock Lithium Project in Argentina. Through this acquisition, Green Shift aimed to expand its portfolio of critical mineral assets essential for sustainable mining and the clean energy transition by gaining access to a large, highly prospective lithium pegmatite land position. LFP Resources Corp. is a Canada-based private exploration company specializing in holding and advancing prospective lithium properties in the Rio Negro Province, a premier lithium mining jurisdiction with significant potential for battery-grade lithium resources.

Major companies operating in the green mining market are Glencore plc, Jiangxi Copper Corporation, BHP Group Limited, Rio Tinto Group, Vale S.A., Anglo American plc, Freeport-McMoRan Inc., Teck Resources Limited, Newmont Corporation, MA'ADEN, First Quantum Minerals Ltd., Shandong Gold Mining Co. Ltd., Eramet SA, Saudi Arabian Mining Corporation, Lundin Mining Corporation, Dundee Precious Metals Inc., Arena Minerals Inc., Northern Star Resources Ltd., Sibanye Stillwater Limited, Polyus PJSC, Kinross Gold Corporation, Barrick Gold Corporation, Yamana Gold Inc., Alamos Gold Inc.

Asia-Pacific was the largest region in the green mining market share in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the green mining market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the green mining market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The green mining market consist of sales of solar panels, wind power and others that utilizes minerals and metals which helps a transition to low-carbon technologies. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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