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Green Mining Market to Reach US$ 27.1 Billion by 2032

The growing investment in the development of renewable energies is expanding the green mining market.

Publicada: Wednesday 26 de June del 2024
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The International Energy Agency projects that by 2025, 35% of global energy generation will come from this type of source, a development expected to lead to increased economic and environmental efficiency in the industry. Regarding the growth of green mining, the research and consulting company Brainy Insights estimates a leap from US$ 11.12 billion recorded in 2022 to US$ 27.1 billion in 2032.

Europe, which in 2022 consolidated as the most important green mining market—surpassing regions such as North America, South America, Asia Pacific, the Middle East, and Africa—with a revenue share of 38.11%, is expected to continue representing the largest market size by 2032, thanks to the increase in manufacturers of equipment used for green mining.

Countries like the United Kingdom, France, and Germany have a high demand for green mining due to growing investment in sustainable practices and clean technologies, in addition to regional government initiatives to promote more environmentally conscious mining.

Source: El Mercurio

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