The gross investment in the UK’s mining and quarrying sector is set to decrease steadily from £5.81 billion in 2024 to £5.13 billion in 2028. This projected decline signifies a consistent annual reduction in investment. The year-on-year variation reveals a drop of approximately 3.1% from 2024 to 2025, 3.0% from 2025 to 2026, 3.1% from 2026 to 2027, and 3.0% from 2027 to 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) implies an average annual decrease in gross investment of about 3.05%.
Future trends to watch for:
- Global commodity prices fluctuations affecting investment decisions.
- Technological advancements possibly moderating the decline in investment.
- Environmental and regulatory changes shaping the sector’s landscape.
- Potential shifts in energy policies and their impact on mining investment.
