Businesses are focused on investing in metals and minerals to achieve the green energy transition. Metal and mineral mining played an important role as an alternative to fossil fuels. With the increasing global development of electric batteries and renewable energy technologies, the demand for lithium, zinc and other resources will greatly increase.
Apart from that, to avoid metal and mineral shortages, governments around the world are providing massive funding and incentives for new mining developments to support a green transition.
The market for metals and minerals was expected to grow steadily in the future. In addition, the impact of the pandemic is gradually decreasing. The open mining market was expected to increase at a CAGR of about 3.20% and reach US$39.7 billion by 2030.
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