According to the report, the market by waste type is classified into rock, tailings, and mine water. The tailings type segment is expected to witness high growth during the forecast period owing to the water-based waste items that are expulsed from metals during surface mining tasks. Tailings are put away on the outside of the earth’s crust as dry stacks. Tailings mining waste is generally created during the generation and investigation of warm coal, iron metal, copper and coking coal, and different metals and minerals. In addition, surface mining, which is also called opencast or open-pit is predicted to account for the lion’s share in the foreseeable future owing to its utilization for the extraction of minerals and metals. For instance, gold, and coal are extracted from the outside layer of the earth with the surface mining method.
The increasing demand for metals and minerals is one of the prime factors in boosting the mining waste management market, says Fortune Business Insights in a report, titled “Mining Waste Management Market Size, Share and Global Trend By Mining Method (Surface Mining, Underground Mining), By Waste Type (Waste Rock, Tailings, Mine Water) and Geography Forecast till 2026” the increasing R&D investments for the discovery of new mining zones is expected to create opportunities for the market during the forecast period.
Some of the Major Companies in the Global Mining Waste Management Market:
- Amec Foster Wheeler
- Interwaste Holdings Ltd.
- Teck Resources Limited
- Tetra Tech
- Tetronics International, Aevitas Inc.
- Global Mining Solutions
- Zeal Environmental Technologies Ltd.
- Knight Piesold
- Earth Systems
- American Waste Management Services, Inc.
- ATC Williams
- Jones & Wagener (Pty) Ltd.
- Cleanway Environmental Partners, Inc.
- and Averda.
The report offers methodical insights into the mining waste management market, sharing info about the growth prospects, market potential, supply and demand, profitability, and other important aspects. Our study is considered to be a reliable source of information for all the readers willing to invest and gain effectively. The researchers and analysts have prepared it with an advanced research methodology and authentic primary and secondary sources of market statistics and data. Readers are provided with a clear understanding of the current and future situations of the market based on revenue, shares, trends, technology, advancements and innovations, prevailing factors and restricting factors.
Contract of Veolia with AngloGold Ashanti will Propel Growth of the Market
The agreement of Veolia with AngloGold Ashanti is expected to aid the mining waste management market growth. For Instance, Veolia secured a contract from AngloGold Ashanti, a South African gold mining company. Veolia has entrusted with the operation and maintenance of all the water treatment plants at the Obuasi mine in southern Ghana. This contract will be fulfilled by Veolia Ghana Limited. Furthermore, the partnership between Veolia and Nieuwerkerk aan den Ijssel for minimizing residual waste streams is expected to boost the mining waste management market trends. For instance, Veolia and Nieuwerkerk aan den Ijssel signed a strategic partnership aimed at minimizing residual waste streams related to flexible packaging on a global scale. The aim is to create a circular economy loop for flexible packaging optimizing recovery and recycling after-use, and so significantly reduce the amount incinerated or landfilled.
Key Market Driver – Increase in demand for metal and mineral
Key Market Restraint – Overexploitation of natural resources
Increasing Environmental Concerns to Favor Growth in Europe
In North America, the maintainable measures on waste management are perceived as one of the most genuine ecological worries in the mining sector. During mining activities, the metal recuperation reagents and corrosive effluents are a risk to the biological system just as a danger to human wellbeing. Moreover, poor air quality and ventilation in underground mines can prompt word related disease and the demise of laborers. These factors have impelled the government to take strict measures to curb environment-related issues, which, in, turn, will promote the market share.
Europe is expected to grow rapidly during the forecast period owing to the increasing environmental concern due to mining activities which leads to contamination of air. The organization such as the EU has taken initiatives for proper mining waste management. Moreover, Latin America is expected to grow significantly during the forecast period owing to the strict environmental regulation in countries such as Brazil, Mexico, Argentina, Venezuela, Chile, etc. to protect the environment from contamination.
Key Industry Developments
- In Jun 2019, Veolia has secured a contract from AngloGold Ashanti, a South African gold mining company. Veolia has entrusted with the operation and maintenance of all the water treatment plants at the Obuasi mine in southern Ghana. This contract will be fulfilled by Veolia Ghana Limited.
- In May 2019, Veolia and Nieuwerkerk aan den Ijssel signed a strategic partnership aimed at minimizing residual waste streams related to flexible packaging on a global scale. The aim is to create a circular economy loop for flexible packaging optimizing recovery and recycling after-use, and so significantly reduce the amount incinerated or landfilled.
- In Nov 2018, ATC Williams announces that partnership with Mecater, North Africa, enabling to provide quicker, more direct support to our clients at the source.
Nov 2018: ATC Williams announced its partnership with Mecater, North Africa. The partnership will provide quicker, more direct support to the clients at the source.
Key Market Driver – Increase in demand for metal and mineral
Key Market Restraint – Over exploitation of natural resources
Key Segmental Overview:
1. By Mining method
- Surface Mining
- Underground Mining
2. By Waste type
- Waste Rock
- Mine Water
3. By Geography
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)
Major Table of Content For Mining Waste Management Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Mining Waste Management Market Analysis, Insights and Forecast, 2026
- North America Mining Waste Management Market Analysis, Insights and Forecast, 2026
- Europe Mining Waste Management Market Analysis, Insights and Forecast, 2026
- Asia Pacific Mining Waste Management Market Analysis, Insights and Forecast, 2026
- Middle East and Africa Mining Waste Management Market Analysis, Insights and Forecast, 2026
- Latin America Mining Waste Management Market Analysis, Insights and Forecast, 2026
- Competitive Landscape
- Company Profile
An Overview of the Impact of COVID-19 on this Market:
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