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Carbon Neutral Mining Market Size, Share & Trends Analysis Report by Technology (Renewable Energy & Microgrids, Electrification of Mining Fleet & Equipment), Mine Type (Surface, Underground) and Region with Growth Forecasts, 2025-2033

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  • 110 Pages
  • November 2025
  • Region: Global
  • Grand View Research
  • ID: 6214584
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Description Jump to:
The global carbon neutral mining market size was estimated at USD 9.72 billion in 2024 and is projected to reach USD 12.53 billion by 2033, expanding at a CAGR of 2.9% from 2025 to 2033. The growth is driven by the increasing adoption of renewable energy in mining operations, stringent government regulations on carbon emissions, rising investments in sustainable mining technologies, and the growing commitment of major mining companies toward achieving net-zero emission targets.

Sustainability and decarbonization are key factors driving the market growth, as industries worldwide intensify efforts to achieve net-zero emission targets. Organizations are increasingly adopting renewable energy solutions, low-emission fuels, and efficient resource management practices to minimize their environmental footprint. The global shift toward responsible production and sustainable resource utilization, particularly in sectors supporting clean energy and circular economy initiatives, is reinforcing long-term commitments to carbon neutrality and environmentally conscious growth.

On the technological front, the market is witnessing significant advancements in automation, electrification, and the integration of renewable energy sources. The deployment of electric haul trucks, hydrogen-powered equipment, carbon capture systems, and AI-based monitoring solutions is transforming conventional mining operations into low-emission ecosystems. In addition, the use of smart grids, IoT-enabled energy management, and blockchain for carbon tracking enables transparency and efficiency across the value chain. These innovations are not only reducing operational carbon footprints but also enhancing productivity, positioning technology as a key enabler of the global shift toward carbon-neutral mining.

Global Carbon Neutral Mining Market Report Segmentation

This report forecasts global, country, and regional revenue growth and analyzes the latest trends in each sub-segment from 2021 to 2033. For this study, the analyst has segmented the global carbon neutral mining market report based on technology, mine type, and region.

Technology Outlook (Revenue, USD Million, 2021-2033)

  • Renewable Energy & Microgrids
  • Electrification of Mining Fleet & Equipment
  • Energy Storage & Charging Infrastructure
  • Low-Carbon Fuels
  • Carbon Capture, Utilization & Storage
  • Emission Monitoring & Digital Solutions
  • Others

Mine Type Outlook (Revenue, USD Million, 2021-2033)

  • Surface
  • Underground
  • Others

Regional Outlook (Revenue, USD Million, 2021-2033)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listings for you to stay ahead of the curve

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information Analysis
1.3.2. Market Formulation & Data Visualization
1.3.3. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Outlook
3.2. Value Chain Analysis
3.2.1. Equipment/ Raw Material Trends
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Trends
3.6. Porter’s Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of Substitution
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTLE Analysis
3.7.1. Political
3.7.2. Economic
3.7.3. Social Landscape
3.7.4. Technology
3.7.5. Environmental
3.7.6. Legal
Chapter 4. Carbon Neutral Mining Market: Technology Estimates & Trend Analysis
4.1. Carbon Neutral Mining Market: Technology Movement Analysis, 2024 & 2033
4.2. Technology Outlook (Revenue, USD Million; 2021-2033)
4.3. Renewable Energy & Microgrids
4.3.1. Market estimates and forecasts, 2021-2033 (USD Million)
4.4. Electrification of Mining Fleet & Equipment
4.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
4.5. Energy Storage & Charging Infrastructure
4.5.1. Market estimates and forecasts, 2021-2033 (USD Million)
4.6. Low-Carbon Fuels
4.6.1. Market estimates and forecasts, 2021-2033 (USD Million)
4.7. Carbon Capture, Utilization & Storage
4.7.1. Market estimates and forecasts, 2021-2033 (USD Million)
4.8. Emission Monitoring & Digital Solutions
4.8.1. Market estimates and forecasts, 2021-2033 (USD Million)
4.9. Others
4.9.1. Market estimates and forecasts, 2021-2033 (USD Million)
Chapter 5. Carbon Neutral Mining Market: Mine Type Estimates & Trend Analysis
5.1. Carbon Neutral Mining Market: Mine Type Movement Analysis, 2024 & 2033
5.2. Mine Type Outlook (Revenue, USD Million; 2021-2033)
5.3. Surface
5.3.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.4. Underground
5.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
5.5. Others
5.5.1. Market estimates and forecasts, 2021-2033 (USD Million)
Chapter 6. Carbon Neutral Mining Market: Regional Estimates & Trend Analysis
6.1. Regional Analysis, 2024 & 2033
6.2. North America
6.2.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.2.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.2.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.2.4. U.S.
6.2.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.2.4.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.2.4.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.2.5. Canada
6.2.5.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.2.5.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.2.5.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.2.6. Mexico
6.2.6.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.2.6.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.2.6.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.3. Europe
6.3.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.3.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.3.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.3.4. Germany
6.3.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.3.4.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.3.4.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.3.5. UK
6.3.5.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.3.5.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.3.5.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.3.6. France
6.3.6.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.3.6.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.3.6.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.3.7. Russia
6.3.7.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.3.7.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.3.7.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.4. Asia-Pacific
6.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.4.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.4.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.4.4. China
6.4.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.4.4.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.4.4.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.4.5. India
6.4.5.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.4.5.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.4.5.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.4.6. Japan
6.4.6.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.4.6.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.4.6.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.4.7. Australia
6.4.7.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.4.7.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.4.7.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.5. Latin America
6.5.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.5.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.5.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.5.4. Brazil
6.5.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.5.4.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.5.4.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.6. Middle East & Africa
6.6.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.6.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.6.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.6.4. South Africa
6.6.4.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.6.4.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.6.4.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
6.6.5. Iran
6.6.5.1. Market estimates and forecasts, 2021-2033 (USD Million)
6.6.5.2. Market estimates and forecasts, by technology, 2021-2033 (USD Million)
6.6.5.3. Market estimates and forecasts, by mine type, 2021-2033 (USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Kraljic Matrix
7.3. Company Categorization
7.4. Heat Map Analysis
7.5. Vendor Landscape
7.5.1. List of Raw Material/Equipment/Technology Suppliers
7.5.2. List of Other Prominent Manufacturers
7.6. List of Prospective End-Users
7.7. Strategy Mapping
7.8. Company Profiles/Listing
7.8.1. Anglo American plc.
7.8.1.1. Company Overview
7.8.1.2. Financial Performance
7.8.1.3. Product Benchmarking
7.8.2. BHP Group Ltd.
7.8.2.1. Company Overview
7.8.2.2. Financial Performance
7.8.2.3. Product Benchmarking
7.8.3. Boliden AB
7.8.3.1. Company Overview
7.8.3.2. Financial Performance
7.8.3.3. Product Benchmarking
7.8.4. Fortescue Metals Group Ltd.
7.8.4.1. Company Overview
7.8.4.2. Financial Performance
7.8.4.3. Product Benchmarking
7.8.5. Glencore plc.
7.8.5.1. Company Overview
7.8.5.2. Financial Performance
7.8.5.3. Product Benchmarking
7.8.6. Newmont Corporation
7.8.6.1. Company Overview
7.8.6.2. Financial Performance
7.8.6.3. Product Benchmarking
7.8.7. Rio Tinto Group
7.8.7.1. Company Overview
7.8.7.2. Financial Performance
7.8.7.3. Product Benchmarking
7.8.8. Sibanye-Stillwater Limited
7.8.8.1. Company Overview
7.8.8.2. Financial Performance
7.8.8.3. Product Benchmarking
7.8.9. Teck Resources Limited
7.8.9.1. Company Overview
7.8.9.2. Financial Performance
7.8.9.3. Product Benchmarking
7.8.10. Vale S.A.
7.8.10.1. Company Overview
7.8.10.2. Financial Performance
7.8.10.3. Product Benchmarking
List of Tables
TABLE 1 Carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 2 Carbon neutral mining market estimates and forecasts, by renewable energy & microgrids, 2021-2033 (USD Million)
TABLE 3 Carbon neutral mining market estimates and forecasts, by electrification of mining fleet & equipment, 2021-2033 (USD Million)
TABLE 4 Carbon neutral mining market estimates and forecasts, by energy storage & charging infrastructure, 2021-2033 (USD Million)
TABLE 5 Carbon neutral mining market estimates and forecasts, by low-carbon fuels, 2021-2033 (USD Million)
TABLE 6 Carbon neutral mining market estimates and forecasts, by carbon capture, utilization & storage, 2021-2033 (USD Million)
TABLE 7 Carbon neutral mining market estimates and forecasts, by emission monitoring & digital solutions, 2021-2033 (USD Million)
TABLE 8 Carbon neutral mining market estimates and forecasts, by other technologies, 2021-2033 (USD Million)
TABLE 9 Carbon neutral mining market estimates and forecasts, by surface mine type, 2021-2033 (USD Million)
TABLE 10 Carbon neutral mining market estimates and forecasts, by underground mine type, 2021-2033 (USD Million)
TABLE 11 Carbon neutral mining market estimates and forecasts, by other mine type, 2021-2033 (USD Million)
TABLE 12 North America carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 13 North America carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 14 North America carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 15 U.S. carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 16 U.S. carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 17 U.S. carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 18 Canada carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 19 Canada carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 20 Canada carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 21 Mexico carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 22 Mexico carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 23 Mexico carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 24 Europe carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 25 Europe carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 26 Europe carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 27 Germany carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 28 Germany carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 29 Germany carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 30 UK carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 31 UK carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 32 UK carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 33 France carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 34 France carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 35 France carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 36 Russia carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 37 Russia carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 38 Russia carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 39 Asia-Pacific carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 40 Asia-Pacific carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 41 Asia-Pacific carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 42 China carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 43 China carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 44 China carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 45 Japan carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 46 Japan carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 47 Japan carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 48 India carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 49 India carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 50 India carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 51 Australia carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 52 Australia carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 53 Australia carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 54 Latin America carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 55 Latin America carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 56 Latin America carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 57 Brazil carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 58 Brazil carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 59 Brazil carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 60 Middle East & Africa carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 61 Middle East & Africa carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 62 Middle East & Africa carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 63 South Africa carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 64 South Africa carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 65 South Africa carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
TABLE 66 Iran carbon neutral mining market estimates & forecasts, 2021-2033 (USD Million)
TABLE 67 Iran carbon neutral mining market estimates & forecasts, by technology, 2021-2033 (USD Million)
TABLE 68 Iran carbon neutral mining market estimates & forecasts, by mine type, 2021-2033 (USD Million)
List of Figures
Figure 1 Market Segmentation
Figure 2 Information Procurement
Figure 3 Data Analysis Models
Figure 4 Market Formulation and Validation
Figure 5 Data Validating & Publishing
Figure 6 Market Snapshot
Figure 7 Segmental Outlook - Technology, Mine Type
Figure 8 Competitive Outlook
Figure 9 Carbon Neutral Mining Market Outlook, 2021-2033 (USD Million)
Figure 10 Value Chain Analysis
Figure 11 Market Dynamics
Figure 12 Porter’s Analysis
Figure 13 PESTEL Analysis
Figure 14 Carbon Neutral Mining Market, By Technology: Key Takeaways
Figure 15 Carbon Neutral Mining Market, By Technology: Market Share, 2024 & 2033
Figure 16 Carbon Neutral Mining Market, By Mine Type: Key Takeaways
Figure 17 Carbon Neutral Mining Market, By Mine Type: Market Share, 2024 & 2033
Figure 18 Carbon Neutral Mining Market: Regional Analysis, 2024 & 2033
Figure 19 Carbon Neutral Mining Market, By Region: Key Takeaways

Companies Mentioned

The key companies profiled in this Carbon Neutral Mining market report include:
  • Anglo American plc.
  • BHP Group Ltd.
  • Boliden AB
  • Fortescue Metals Group Ltd.
  • Glencore plc.
  • Newmont Corporation
  • Rio Tinto Group
  • Sibanye-Stillwater Limited
  • Teck Resources Limited
  • Vale S.A.

Table Information

Report AttributeDetails
No. of Pages110
PublishedNovember 2025
Forecast Period2024 - 2033
Estimated Market Value ( USD ) in 2024 $ 9.72 Billion
Forecasted Market Value ( USD ) by 2033 $ 12.53 Billion
Compound Annual Growth Rate2.9%
Regions CoveredGlobal
No. of Companies Mentioned11

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