Mining Coverage

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Mining Industry Overview

The mining market is expected to reach over $2775.5 billion in 2027 at a CAGR of 6.7%!
The use of renewable energy is helping mining companies reduce power costs and control emissions in the mines. As the solar or wind projects are built close to the mine sites, the cost of connecting to the power grid is also reduced. Site-appropriate renewable energy sources are reliable, consistent, and also economical. BHP and RioTinto have started using renewable energy sources in their mines. According to a report published by EY, RioTinto aims to generate 10% of 20MW – 25MW power demand from renewable energy in one of their mines and expects to reduce its diesel use by approximately 4 million liters, and its CO2 emissions by 12,000 tons. Also, in 2020, Rio Tinto approved the development of a large-scale solar photovoltaic and battery storage system for its western Australian Koodaideri mine. The solar plant will be one of Australia's largest photovoltaic installations at a mining site once completed. According to a report by Fitch Solutions, renewable energy used by mining companies from various sources include 57% solar thermal, 37% of solar PV, and 4% of wind energy.
Mining Market Coverage
The mining market consists of sales of minerals, metals and other valuable materials such as sand and gravel, coal and stone extracted from the earth crust by entities (organizations, sole traders and partnerships) that undertake the process of extraction. The mining market is segmented into mining services; general minerals; stones; copper, nickel, lead and zinc; metal ore and coal, lignite, and anthracite. Only goods and services traded between entities or sold to end consumers are included.

The Business Research Company covers 67 markets overall in the mining market providing global market numbers, market growth, market-specific drivers and restraints, trends, and other market specific information. The mining market is segmented in the following manner:
  • 1. Mining Support Activities
    The mining support activities market consists of sales of mining support services and related goods by entities (organizations, sole traders and partnerships) that perform support activities on a contract or fee basis for coal, metal and nonmetallic mineral (except fuels) mining. Support activities include exploration of minerals, drilling, draining of mines and other support activities. The mining support activities market is segmented into coal mining support activities; metal mining support activities and nonmetallic minerals mining support activities. Only goods and services traded between entities or sold to end consumers are included.

    The Mining Support Activities Market is sub-segments into –
    • 1.1. Coal Mining Support Activities
    • 1.2. Metal Mining Support Activities
    • 1.3. Nonmetallic Minerals Mining Support Activities
    • 1.4. Green Mining
  • 2. General Minerals
    The general minerals market consists of sales of general minerals by entities (organizations, sole traders and partnerships) that mine construction sand and gravel, industrial sand, kaolin and ball clay, clay and ceramic and refractory minerals, potash, soda and borate mineral, phosphate rock, or other chemical and fertilizer minerals mining. The general minerals market is segmented into potash; salt; magnesite; sulfur; kaolin; asbestos; feldspar; boron; gypsum; talc; graphite; baryte; bentonite; diatomite; lithium; selenium; perlite; vermiculite; arsenic; diamond and other general minerals. Only goods and services traded between entities or sold to end consumers are included.

    The General Minerals Market is sub-segments into –
    • 2.1. Other General Minerals
    • 2.2. Potash
    • 2.3. Salt
    • 2.4. Magnesite
    • 2.5. Sulfur
    • 2.6. Kaolin
    • 2.7. Asbestos
    • 2.8. Feldspar
    • 2.9. Boron
    • 2.10. Gypsum
    • 2.11. Talc
    • 2.12. Graphite
    • 2.13. Baryte
    • 2.14. Bentonite
    • 2.15. Diatomite
    • 2.16. Lithium
    • 2.17. Selenium
    • 2.18. Perlite
    • 2.19. Vermiculite
    • 2.20. Arsenic
    • 2.21. Diamond
  • 3. Stones
    The stones market consists of sales of stone by entities (organizations, sole traders and partnerships) that mine and quarry dimension stone such as rough blocks or slabs of stone and crushed and broken stone. It also comprises stone beneficiating activities such as crushing, grinding, washing, screening, pulverizing, and sizing. The stones market is segmented into dimension stones and crushed stones. Only goods and services traded between entities or sold to end consumers are included.

    The Stones Market is sub-segments into –
    • 3.1. Dimension Stones
    • 3.2. Crushed Stones
  • 4. Copper, Nickel, Lead, And Zinc
    The copper, nickel, lead and zinc market consists of sales of copper, nickel, lead and zinc ores and concentrates by entities (organizations, sole traders and partnerships) that mine copper, nickel, lead and zinc ores. The industry includes establishments that develop mine sites, mine and convert ores into copper, nickel, lead or zinc concentrates. Mining is either through underground or surface mining techniques or both. The copper, nickel, lead and zinc market is segmented into copper; nickel; lead and zinc. Only goods and services traded between entities or sold to end consumers are included.

    The Stones Market is sub-segments into –
    • 4.1. Copper
    • 4.2. Zinc
    • 4.3. Lead
    • 4.4. Nickel
  • 5. Metal Ore
    The metal ore market consists of sales of metal ores and concentrates by entities (organizations, sole traders and partnerships) that mine metallic mineral ores. The industry includes establishments developing mine sites, ore dressing, and other beneficiating operations such as crushing, grinding, washing, drying, sintering, concentrating, calcining, and leaching. The metal ore market is segmented into gold ore; iron ore; silver ore; uranium ore; vanadium ore and all other metal ores. Only goods and services traded between entities or sold to end consumers are included.

    The Metal Ore Market is sub-segments into –
    • 5.1. Gold Ore
    • 5.2. Iron Ore
    • 5.3. All Other Metal Ores
    • 5.4. Silver Ore
    • 5.5. Uranium Ore
    • 5.6. Vanadium Ore  
  • 6. Coal, Lignite, And Anthracite
    The coal, lignite, and anthracite market consists of sales of coal, lignite, and anthracite by entities (organizations, sole traders and partnerships) that mine bituminous, anthracite, and lignite coal by underground mining, strip mining, culm bank mining, and other surface mining techniques. It also includes the development of coal mine sites, and improvement of coal, including cleaning, washing, screening, and sizing of coal. The coal, lignite, and anthracite market is segmented into coal; lignite and anthracite. Only goods and services traded between entities or sold to end consumers are included.

    The Coal, Lignite, And Anthracite Market is sub-segments into –
    • 6.1. Coal
    • 6.2. Lignite
    • 6.3. Anthracite
How Can We Help?
The Business Research Company`s Mining Market Research Practice provides marketing, planning and strategy departments with a wider range of market, business, customer and competitor intelligence services across different segments of the mining industry. The mining market research services and solutions The Business Research Company provides are as follows —
  • Mining Market Sizing, Forecast and Trend Analysis
  • Mining Market Competitor Analysis
  • Mining Market Supply Chain Analysis
  • Mining Market Customer Research
  • Mining Market Partner or Distribution Research
  • Mining Market Entry Strategy Research Study
  • Mining Industry Analysis and Profiling
  • Mining Market Regulations
 
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Expand Coal, Lignite, And AnthraciteCoal, Lignite, And Anthracite
Expand Copper, Nickel, Lead, And ZincCopper, Nickel, Lead, And Zinc
Expand General MineralsGeneral Minerals
Expand Metal OreMetal Ore
Expand Mining Support ActivitiesMining Support Activities
Expand StonesStones
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