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The tailing market is a subset of the mining industry that focuses on the disposal of waste materials generated from the extraction of minerals. Tailings are the materials left over after the process of separating the valuable fraction from the uneconomic fraction of an ore. Tailings are distinct from overburden, which is the waste rock or other material that overlies an ore or mineral body and is displaced during mining without being processed.
Tailings are typically stored in large, engineered containment facilities, such as dams, embankments, and impoundments. These facilities are designed to contain the tailings and prevent them from entering the environment. The tailings market is driven by the need to safely store and dispose of tailings, as well as the need to reclaim and reuse tailings.
Some companies in the tailing market include Barrick Gold Corporation, Newmont Corporation, Anglo American, and Rio Tinto. Show Less Read more