The global mining waste management market is anticipated to grow at a significant CAGR of 5.9% during the forecast period. Furthermore, one of the primary elements driving increased demand for mining waste management is the greater adaptability and support of environmentally friendly technology in developed countries. For instance: –
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- In December 2021, Rio Tinto has paid $825 million for the Rincon lithium project in Argentina, which was formerly owned by Rincon Mining, a firm controlled by funds managed by Sentient Equity Partners. Rio Tinto’s commitment to growing its battery materials business and strengthening its portfolio for the global energy revolution is demonstrated by this acquisition. Rincon is a huge undeveloped lithium brine project in Argentina’s Salta Province, which is becoming a center for Greenfield developments. The project is a long-term, scalable resource capable of generating lithium carbonate for batteries. It has the potential to have one of the smallest carbon footprints in the industry, helping Rio Tinto meet its goal of decarbonizing its portfolio.
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- In December 2021, EQT Infrastructure Acquires Covanta, Aims to Expand Sustainable Waste Management Solutions. The infrastructure arm of investment firm EQT Group announced of $5.3 billion acquisition of Covanta Holding Corporation, a domain in providing sustainable waste and energy solutions.
- In November 2021, Environmental 360 Solutions ltd., has acquired the assets of William Day Construction Limited (WDC) Commercial Solid Waste Management service, based in Sudbury, Ontario. Through acquisition E360S expand its market share and drive organic growth.
- In August 2021, Germany based Lana Labs, the creator of the LANA Process Mining Platform, has been acquired by Appian based in McLean, Virginia. Lana is known for its competence in complicated enterprise processes, sophisticated AI and machine learning-driven process analysis, simple data integration, and user-friendliness. Customers who use Lana spend less time combining data and more time identifying inefficiencies in processes.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Source
o By Waste Type
o By Commodity
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- AmecFoster Wheeler, Ausenco, EnviroServ Waste Management (PTY) Ltd., Interwaste Holdings Ltd., Veolia Environment, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Mining Waste Management Market Report Segment
By Source
- Surface Mining
- Underground Mining
By Waste Type
- Solid Waste
- Liquid Waste
By Commodity
- Minerals
- Fuels
- Iron
- Ferro Alloys
- Industrial Minerals
- Others
