Mining Waste Management Market Report 2025

The mining waste management market size has grown strongly in recent years. It will grow from $208.45 billion in 2024 to $221.31 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to mining industry growth, regulatory compliance, environmental concerns, community and stakeholder expectations, resource recovery opportunities.

The mining waste management market size is expected to see strong growth in the next few years. It will grow to $291.9 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to stringent environmental standards, increased public awareness, circular economy practices, corporate social responsibility (CSR). Major trends in the forecast period include adoption of sustainable waste disposal methods, remote sensing and monitoring for waste sites, social responsibility and community engagement, focus on mine rehabilitation and closure planning, integration of artificial intelligence (AI) in waste optimization.

The rising demand for metals and minerals across diverse industries is anticipated to fuel the expansion of the mining waste management market. Metals and minerals, naturally occurring inorganic substances within the Earth's crust, serve as crucial resources. This growing demand drives the mining waste management sector by emphasizing the importance of efficient waste handling at every phase of mining, from exploration and development to extraction, transportation, and product treatment. An example illustrating this trend comes from the National Mineral Development Corporation Limited (NMDC), a government-owned Indian mineral producer. They reported a substantial increase in iron ore production, reaching 42.15 million tons (MT) by the end of the fiscal year on March 31, 2022, marking a notable 23% year-over-year growth. Hence, the heightened need for metals and minerals across industries acts as a significant driver propelling the expansion of the mining waste management market.

The growing awareness of environmental safety is expected to drive the growth of the mining waste management market in the future. Environmental safety, often referred to as environmental health and safety (EHS), involves protecting the environment and ensuring health and safety across various settings, including industrial facilities, work areas, and laboratories. Effective mining waste management plays a crucial role in EHS by minimizing exposure to pollutants and protecting human health from waterborne diseases, respiratory issues, and other health concerns. For instance, in May 2024, the European Commission reported that investments in environmental protection rose from €60 billion ($64.81 billion) to €65 billion ($70.21 billion) in 2023. Additionally, environmental protection investments increased by 6% in 2021 and 9% in 2022, compared to 9% and 12% of total investments, respectively. Thus, the rising emphasis on environmental safety is propelling the growth of the mining waste management market.

Major players within the mining waste management sector are prioritizing strategic partnerships to deliver dependable services to their clientele. These partnerships, involving collaborations between two or more entities, serve mutual objectives. An example of this approach occurred in March 2023 when Talon Metals Corp., a US-based enterprise specializing in Copper ores, joined forces with EnviCore Inc., a Canadian technology firm known for its innovative and eco-friendly by-product treatment solutions. Leveraging EnviCore's technology, the collaboration between Talon Metals and EnviCore entails conducting small-scale studies to explore the potential conversion of tailings derived from processing nickel and copper bearing ores into materials applicable to infrastructure and construction projects. This initiative aims to curtail or potentially eradicate waste production.

Prominent entities within the mining waste management sector are actively engaged in formulating strategies aimed at pioneering inventive methodologies for tailings management. A strategic initiative, characterized by a proactive and encompassing plan, is crafted to realize specific strategic objectives or fulfill aspects of an organization's long-term vision. An exemplar of such efforts unfolded in May 2023 when Newmont Corporation, a premier global gold mining entity, inaugurated the GeoStable Tailings Consortium (GSTC). This consortium is dedicated to researching innovative methods that involve blending various tailings and waste rock combinations to create ''geo-stable'' landforms. These formations are engineered to exhibit greater resilience and stability compared to conventional tailings deposition methods while potentially consuming lesser process water.

In September 2022, SUEZ, a French utilities company, in collaboration with African Infrastructure Investment Managers (AIIM) and Royal Bafokeng Holdings (RBH), successfully acquired EnviroServ Proprietary Holdings Limited and its subsidiaries, with the financial details remaining undisclosed. This strategic acquisition is poised to enhance SUEZ's presence in the African continent and further solidify its standing as a global leader in industrial and municipal waste treatment. EnviroServ, a waste management company based in South Africa, operates a specialized Tailings team that manages waste streams within the mining sector as an integral part of the company's comprehensive waste management solutions.

Major companies operating in the mining waste management market include Veolia Environnement SA, Teck Resources Limited, Metsana Group, Stantec Inc., Daiseki Co Ltd., Tetra Tech Inc., Ramboll Group A/S, Cleanway Environmental Services, Golder Associates Corporation, Ausenco Ltd., Hatch Ltd., Averda, Enviroserv Waste Management (Pty) Ltd., Klohn Crippen Berger Ltd., Barr Engineering Company, Enviropacific, Aevitas Co, Interwaste Holdings Ltd., Knight Piesold, Jones & Wagener, ATC Williams Pty. Ltd., Earth Systems, SRK Consulting (Australasia) Pty Ltd., Global Mining Solutions, Zeal Environmental Technologies Limited.

Asia-Pacific was the largest region in the mining waste management market in 2024. The regions covered in the mining waste management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the mining waste management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Mining waste management involves the handling of substantial quantities of initial soil and rock removed during the extraction of mineral deposits. The mining industry is tasked with managing the waste generated throughout mineral processing, beneficiation, and extraction processes.

Mining waste management primarily comprises two main categories such as surface and underground methods. Surface mining involves the extraction of minerals from the Earth's upper layers, encompassing resources such as coal, iron, gold, aluminum, copper, nickel, and various other minerals and metals. This process generates distinct types of waste, including overburden or waste rock, tailings, and mine water.

The mining waste management market research report is one of a series of new reports that provides mining waste management market statistics, including mining waste management industry global market size, regional shares, competitors with a mining waste management market share, detailed mining waste management market segments, market trends and opportunities, and any further data you may need to thrive in the mining waste management industry. This mining waste management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The mining waste management market includes revenues earned by entities by providing services such as landfill, incineration, waste compaction, composting, and vermicomposting. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.