To better understand the opportunities and challenges facing Canada's mining sector, Foresight partnered with UnitedLex to develop a Mining Technology Landscape Study. Building on insights from our Ventures to Value Chains Report, this study analyzes the global mining trends in the innovation ecosystem.

With its significant revenue growth and high future potential, the mining sector presents substantial opportunities for Canadian innovators. The global mining market is expected to grow from $2T in 2022 to $3.5T by 2032. Canada joins China, Australia, Russia, and United States as one of the world's top mining countries. However, Canada falls behind when it comes to patent filings in mining innovation.

China, the United States, Korea, and Europe are currently the top jurisdictions for patent filings in mining innovation across all technology areas. 

To ensure Canada’s competitiveness on the global stage, it is essential to both drive innovation and protect it through strong intellectual property strategies. By examining the patent landscape, we gain deeper insights into how mining innovation is advancing in Canada and globally.

Read our Mining Technology Landscape Study to learn more about opportunities and risks for innovators in Canada's mining sector.