Decarbonizing Mining: Key Trends, Major Technologies and Case Studies 2026

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Explore mining decarbonization strategies, emissions data, net-zero targets and technologies. Benchmark leading miners and assess investment priorities.

Mining companies face increasing pressure to reduce greenhouse gas emissions while supplying critical minerals for renewable energy, electric vehicles and the wider energy transition. However, high capital costs, commodity price volatility, infrastructure limitations and operational constraints can slow the adoption of low-carbon technologies.

GlobalData’s Decarbonizing in Mining Industry report assesses the technologies, investment considerations and corporate strategies shaping the industry’s transition towards net zero. It examines renewable energy, electrification, alternative fuels, hydrogen and carbon capture, utilization and storage (CCUS), including their commercial viability, implementation barriers and suitability for mining operations.

The report evaluates five key pathways for reducing emissions across mining operations:

  • Renewable energy: Assess on-site renewable generation and power purchase agreements (PPAs) as options for reducing electricity-related emissions.
  • Mine electrification: Examine the potential for electrified equipment and fleets, alongside requirements for charging infrastructure, battery swapping, energy storage and grid upgrades.
  • Alternative fuels and trolley-assist systems: Understand interim options for reducing diesel consumption and supporting operational efficiency.
  • Hydrogen: Evaluate its potential for mining applications that are difficult to electrify, subject to infrastructure availability and project economics.
  • Carbon capture, utilization and storage (CCUS): Explore its potential contribution to emissions reduction and the barriers to commercial deployment.

Renewable electricity offers relatively accessible near-term opportunities in suitable locations. However, deeper decarbonization through electrification and other emerging technologies depends on infrastructure readiness, capital availability and mine-site conditions. The analysis helps you compare these pathways and understand their respective adoption timelines.

Mining Emissions Data, Net-Zero Targets and Competitor Benchmarking

The report reviews emissions performance and climate commitments across selected mining companies, providing insight into their decarbonization priorities and progress towards stated targets. By examining Scope 1 and Scope 2 emissions data, interim milestones and long-term net-zero commitments, you can compare corporate approaches and identify differences in ambition and implementation timelines.

Relevant industry peers for benchmarking include BHP, Rio Tinto, Fortescue, Glencore, Anglo American and Vale. The report’s selected company coverage can help you structure comparisons with global mining leaders and identify areas requiring further investigation. Company-specific targets and performance should be checked against the latest corporate disclosures.

Mining Decarbonization Investment: Costs, Risks and Barriers

Technology selection depends on more than emissions reduction potential. High upfront capital requirements, commodity price fluctuations, supply chain bottlenecks and competing investment priorities can influence project viability. The report assesses these challenges alongside the infrastructure required to support low-carbon mining, including renewable generation, battery energy storage, electricity networks and fleet charging systems.

This analysis can support technology assessments, investment planning and discussions about implementation priorities. It also examines how repurposing mines may contribute to the energy transition, highlighting a potential area for further strategic and commercial evaluation.

Scope

The report covers:

  • Emissions across the mining value chain: Overview of major emissions sources.
  • Corporate climate targets: Selected companies’ net-zero commitments and interim reduction milestones.
  • Scope 1 and Scope 2 emissions: Company-level emissions data for selected mining businesses.
  • Technology assessment: Renewable energy, alternative fuels, electrification, hydrogen and CCUS, including commercial viability timelines and suitability.
  • Macroeconomic challenges: Capital requirements, commodity price volatility and supply chain constraints.
  • Industry case studies: Decarbonization technologies being trialled or implemented.
  • Mine repurposing: Potential contributions to the wider energy transition.

Key Highlights

Renewables are delivering near-term emissions reduction, but tighter capital discipline following commodity-price volatility is slowing investment in higher-cost levers such as fleet electrification, CCUS, and low-carbon hydrogen.

Net-zero commitments are increasingly standard among major miners, yet the concentration of targets in 2050 suggests many are deferring the hardest abatement and capital-intensive measures until late in the transition.

Most major mining companies have set themselves interim emissions targets. A standard benchmark is a 30% reduction in Scope 1 and 2 emissions by 2030. However, Fortescue has set the ambitious target of ‘real’ net-zero by 2030.

In the near term, renewable electricity is the most readily deployable lever for reducing operational emissions and is increasingly being implemented through power purchase agreements (PPAs) and on-site renewable generation. Many miners are also pursuing pragmatic interim measures, such as trolley-assist and alternative fuels, to support near-term targets and operational efficiency, though adoption is frequently moderated by capital discipline

Over the medium to long-term, electrification remains the central pathway to deep decarbonization and can improve cost performance over the asset life. However, scalability is limited by the need for enabling infrastructure, including renewable generation, co-located battery energy storage, transmission and distribution upgrades, and charging or battery swapping capability.

Reasons to Buy

Use this report to:

  • Evaluate technology options: Compare the commercial maturity, applications and implementation barriers of key mining decarbonization technologies.
  • Benchmark industry leaders: Assess selected mining companies’ emissions data, interim targets and net-zero commitments.
  • Inform investment decisions: Understand the financial, infrastructure and supply chain factors that can affect technology adoption.
  • Support operational planning: Identify emissions reduction pathways relevant to different mine-site requirements and operating conditions.
  • Identify strategic opportunities: Examine emerging technologies and mine repurposing in the context of the energy transition.

The report provides an industry-level evidence base for strategic planning. Site-specific engineering, financial modelling and due diligence remain necessary when evaluating individual projects.

Who Should Buy This Mining Decarbonization Report?

This research is relevant to professionals responsible for mining operations, sustainability, technology, energy and investment.

  • Chief Sustainability Officers and ESG Directors: Assess emissions reduction pathways and corporate climate commitments.
  • Mining CEOs, COOs and Operations Directors: Evaluate operational implications and decarbonization priorities.
  • Strategy and Corporate Development Teams: Compare industry approaches and assess the strategic implications of the net-zero transition.
  • Energy and Decarbonization Managers: Evaluate renewable power, electrification, alternative fuels, hydrogen and CCUS.
  • Mine Planning and Engineering Leaders: Assess technology suitability and infrastructure requirements.
  • Capital Projects and Procurement Directors: Understand capital intensity, equipment requirements and supply chain constraints.
  • Mining Equipment Manufacturers and Technology Providers: Identify potential applications for electrified equipment, energy storage and low-carbon technologies.
  • Renewable Energy Developers and Power Suppliers: Assess potential demand for renewable electricity, PPAs and supporting infrastructure.
  • Investors, Private Equity Firms and Financial Analysts: Examine emissions performance, corporate commitments and technology adoption risks.
  • Management Consultants and Industry Analysts: Support market assessments, client advisory work and competitive analysis.
  • Government Bodies and Mining Regulators: Understand decarbonization approaches and barriers affecting industry transition plans.

How Companies Can Use This Report

The following examples illustrate potential applications for relevant organisations. They do not imply that these companies have purchased or used the report.

  • Mining operators like BHP, Rio Tinto and Vale: Strategy and sustainability teams can use the emissions data and technology analysis to structure competitor benchmarking, assess decarbonization pathways and identify priorities for further operational evaluation.
  • Companies pursuing ambitious climate targets like Fortescue: Fortescue’s stated ambition for real net zero by 2030 provides an example for examining the relationship between corporate targets, technology choices and implementation timelines. Its current target status should be verified against the latest company disclosures.
  • Diversified mining businesses like Glencore and Anglo American: Corporate strategy and operations teams can use the analysis to compare technology options and evaluate how infrastructure constraints and capital requirements may affect implementation across mining assets.
  • Mining equipment and technology providers: Manufacturers can use the technology assessment to identify potential demand for electrified equipment, alternative fuels and energy storage, supporting market prioritisation and product strategy.
  • Renewable energy developers and power suppliers: Energy companies can assess potential mining-sector demand for renewable generation and PPAs to inform market research and identify opportunities for further commercial assessment.
  • Investors and financial analysts: Investment teams can use the company-level emissions and target analysis to support preliminary due diligence on climate commitments, operational transition risks and decarbonization-related capital requirements.

Assess Your Mining Decarbonization Strategy

Whether you are evaluating low-carbon technologies, reviewing competitor climate commitments or planning mining-sector investments, understanding technology readiness and implementation barriers can help you make more informed decisions.

Access GlobalData’s Decarbonizing in Mining Industry report to assess emissions reduction pathways, benchmark selected mining companies and inform your next strategic planning discussion.

Edify Energy
Rio Tinto
BHP
Caterpillar
Anglo American
Teck
Canada Nickel
Fortescue
Harmony Gold
Agnico Eagle
Alcoa
AngloGold Ashanti
Antofagasta
Barrick
Boliden
Freeport-McMoran
Codelco
CMOC
Glencore
Implats
GrupoMexico
Hindalco Industries
Gold Fields
KGHM
Newmont
Kinross
Northern Star
Polyus
Solidcore Resources
South32
Sibanye Stillwater
Vale
Zijin Mining
Jiangxi Copper
Coal India
First Quantum Minerals
Lundin Mining
Norilsk Nickel
Maaden
Statkraft
Lightsource Renewable Energy Australia
Yindjibarndi Energy
NOA Group Trading
Etana Energy
Zenith Energy
Envusa Energy
EDF Power Solutions
Aggreko
CHN Energy Investment Group
Ural Mining and Metallurgical
The Singareni Collieries
Peabody Energy
Hubei Yihua
China Huaneng
Shandong Gold
Inner Mongolia Dian Tou Energy
Tonly
XCMG
Komatsu
Yutong
Hitachi
Snay
LGMG
Sinotruk
Liebherr
Sandvik
Eimco Elecon
Epiroc
BEML
Simplex Engineering
Atlas Copco
Aramine
TRF
PIMCU
Artisan
CoMinVi
Hina Battery
Progress Rail
ExxonMobil
Cummins
Wolfram
Hutten AG
Energie Steiermark
Orica
Acciona
EODev

Table of Contents

Overview

– Executive Summary

– Decarbonizing mining over the past year

Mining companies’ net-zero and emissions targets

– Net-zero targets for operational emissions

– Interim emissions targets

– Scope 1 and 2 emissions disclosures

Decarbonization strategies in mining

– Key decarbonization technologies in mining

– Advantages, disadvantages, and timeline for technologies

– Assessing technologies for decarbonizing mining

– Macroeconomic challenges facing the decarbonization of mining

Renewable energy in mining

– Miners’ renewable electricity share

– Power purchase agreements

– Renewable energy capacity owned by mining companies

– Mine on-site power sources

– Renewable energy case studies

Electrifying mining

– Electrification as the mining industry’s long-term solution

– The role of OEMs in accelerating the electrification of mines

– Company targets for EVs

– Electrification case studies

Alternative fuels in mining

– Global production outlook for alternative fuels

– Company targets and initiatives for alternative fuels

– Alternative fuels case studies

Hydrogen in mining

– Global hydrogen production outlook

– Hydrogen case studies

CCUS in mining

– Carbon capture’s application within mining is still very nascent

Table

What’s changed in the last year

Net-zero targets of selected major mining companies

Intermin emission targets

Scope 1 and 2 emission disclosures

Evaluating decarbonization technologies

When decarbonization technologies will be widely available in mining

Assessing decarbonization potential

Power purchase agreements within mining

Figures

Leading mining companies by percentage of electricity consumption from renewable sources in 2025

Mining companies’ active and upcoming renewable energy capacity as of August 2026

Mining companies’ renewable energy capacity by technology as of August 2026

Share of on-site power generation capacity in mines by power type and plant status as of August 2026

Mine on-site fuel source by type and region for active and upcoming mines as of August 2026

Number of electric equipment by company as of August 2026

Top 10 estimated market shares by OEM for electric trucks

Top 10 estimated market shares by OEM for electric loaders/LHDs

Global production outlook for renewable diesel, FAME, and ethanol 2022-2030

Mines utilizing conventional fuels as power source as of August 2026

Global low-carbon hydrogen outlook based on active and announced projects 2022-2030

Global carbon capture capacity based on active and announced projects 2022-2030

End-purpose active global CCUS projects in 2025 vs 2030

Decarbonizing Mining: Key Trends, Major Technologies and Case Studies 2026 standard reports
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