Top 10 Companies in Green Mining Market - Company Overview, Recent Developments and SWOT Analysis 2032
Green Mining is described as the implementation of technologies and mining processes that aim to minimize any potential environmental impacts that may occur after the extraction and processing of ores and minerals from a mine.
Higher energy consumption and global product trade make the mining industry more likely to be subject to energy and greenhouse gas emission laws. Fostering the demand for surface mining techniques is driving the growth of the target market. For many reasons, surface mining is preferred by mining companies over underground mining; surface mining is also a less expensive and safer method of mining.
Growing businesses are driving the growth of the green mining market, as they are working on more viable practices that are an essential component of their processes, and being responsible by working to environmental standards is the only way to be financially viable.
Green Mining Market is estimated to be US$ 23.4 billion by 2032 with a CAGR of 10.5% during the forecast period
Here are the top 10 companies operating in Green Mining Market
Founded: 1974
Headquarters: Baar, Switzerland
Revenue in USD: 203.75 billion
Employees: 135,000
Glencore plc is a diversified natural resources company. The company operates in three segments: metals and minerals such as copper, cobalt, zinc, nickel, and ferroalloys; energy products; and agricultural products.
Key Highlights
- In January 2023, international investors with $2.2 trillion in assets asked for commodities giant Glencore Plc to show how it is meeting the goals of the Paris climate agreement to limit global warming to 1.5 degrees.
Founded: 1885
Headquarters: Melbourne, Australia
Revenue in USD: 65.10Bn
Employees: 80,000
BHP Billiton is a leading mining company producing coal, copper, iron ore, nickel, petroleum and potash. The company has a strong presence in more than 90 countries worldwide. The company has invested heavily in green technologies, particularly in reducing emissions and decarbonisation.
Key Highlights:
- In November 2022, BHP announced a memorandum of understanding with China Baowu, JFE, and HBIS to invest a total of up to USD 65 million in research and development of steel decarbonization technology.
Founded: 1997
Headquarters: London, United Kingdom
Revenue in USD: 63.50Bn
Employee: 45,000
Rin Tinto is a leading mining company that develops some of the highest quality mines and mining operations, operating in four business segments: iron, metals, aluminium, copper and diamonds, and energy and minerals. The company is very active in the sustainable development of its mines. It actively works towards its social commitment to reduce emissions, and it promotes a healthy and safe work environment for its employees. It focuses on achieving net zero emissions by investing in better materials and investing in R&D to accelerate the development of new technologies and decarbonize faster.
Key Highlights:
- In February 2021, Canada-Rio Tinto is setting a new standard in transparency and traceability for the aluminium industry by launching START, the nutrition label for responsible aluminium.
Founded: 1942
Headquarters: Rio de Janeiro, Brazil
Revenue in USD: 54.50Bn
Employees: 72,266
Vale S.A. produces and sells iron ore, pellets, manganese, alloys, gold, nickel, copper, kaolin, bauxite, alumina, aluminum, and potash. The company is based in Brazil, where it owns and operates railroads and maritime terminals.
Founded: 1917
Headquarters: London, England
Revenue in USD: 41.55Bn
Employees: 95,000
Anglo American plc, which is engaged in mining activities around the world, has operations in Africa, Europe, North and South America, Asia, and Australia. The company's portfolio includes iron, manganese, and metallurgical coal; base metals, including copper and nickel; and precious metals and minerals, including platinum and diamonds.
Key Highlights:
- In September 2022, Anglo American plc issued its first sustainability-linked bond, including performance targets to reduce greenhouse gas emissions, provide fresh water, and support job creation in host communities.
Founded: 1980
Headquarters: Toronto, Ontario
Revenue (USD): 569.80Mn
Dundee Precious Metals Inc. is a precious metals mining company engaged in the acquisition, exploration, and development, mining, and processing of precious metal properties. Its operations and projects are located in Bulgaria, Namibia, Ecuador, and Serbia, and its portfolio includes Chelopech, Ada Tepe, Loma Larga, Timok, and Tsumeb.
Key Highlights:
- In January 2023, Dundee Precious Metals Inc. is pleased to announce updated mineral resource and mineral reserve estimates for its Ada Tepe gold mine in Bulgaria, including additional mine-life gold production.
Headquarters: Guixi, Jiangxi
Revenue (CNY): 442.77Bn
Employees: 34,000
Jiangxi Copper Corporation Limited is an integrated producer of copper. The company is mainly engaged in copper and non-ferrous metal exploration, mining, ore dressing, smelting, and processing activities, but it also carries out gold mining and other processing activities. Its product portfolio includes copper cathode, copper rod, copper tube, and copper foil. The company operates the Dexing Copper Mine, Yongping Copper Mine, Chengmenshan Copper Mine, Wushan Copper Mine, and Yinshan Lead-Zinc Mine.
Founded: 1989
Headquarters: Changsha, Hunan, China
Revenue (CNY): 106.87Bn
Employees: 90,000
Sany Heavy Industry Co., Ltd. manufactures and markets construction and engineering machinery and related parts. The company also manufactures and sells concrete pumps, concrete pump vehicles, road rollers, pavers, and other related products. It is also involved in the R&D and distribution of machinery, road construction machinery, and construction machinery.
Founded: 1907
Headquarters: Mumbai, Maharashtra
Revenue (INR): 2,439.59Bn
Employees: 32,364
Tata Steel Ltd, with a crude steel capacity of 34 million metric tonnes per annum (MnTPA), is one of the world's most geographically diverse steel producers, as well as one of India's emerging mining companies and a 100% subsidiary of Tata Steel.
Tata Steel Limited is a diversified and integrated steel company. Operating in an end-to-end value chain extending from mining to finished steel products, the company offers flat products, construction products, agricultural implements, and bearings.
Key Highlights:
- In February 2023, Tata Steel has established an Innovation Center for Mining and Mineral Beneficiation at the Indian Institute of Technology (Indian School of Mines), Dhanbad.
Founded: 1949
Headquartered: Bulle, Switzerland
Employees: 48,049
Liebherr is a German-Swiss multinational appliance manufacturer based in Buele, Switzerland, with its main production facilities and headquarters in Germany. The Liebherr Group has a decentralised organisational structure and consists of 13 production divisions. The highest level of management in the group is the shareholder committee, made up of Lieber family members.