The global mining industry experienced a 36% decline in the number of environmental sustainability-related patent applications in Q3 2022 compared with the previous quarter. The total number of environmental sustainability-related grants rose by 10% in Q3 2022, according to GlobalData’s whitepaper on Environmental Sustainability in Mining – Patenting Activity in Q3 2022.
Notably, the number of environmental sustainability-related patent applications in the mining industry was 386 in Q3 2022, versus 601 in the prior quarter.
Analysis of patenting activity by companies shows that JFE Holdings filed the most environmental sustainability patents within the mining industry in Q3 2022. The company filed 83 environmental sustainability-related patents in the quarter, compared with 86 in the previous quarter. It was followed by POSCO Holdings with 38 environmental sustainability patent filings, Kobe Steel (33 filings), and ArcelorMittal (24 filings) in Q3 2022.
The largest share of environmental sustainability-related patent filings in the mining industry in Q3 2022 was in China with 21%, followed by Japan (17%) and South Korea (11%). The share represented by China was 20% lower than the 41% share it accounted for in Q2 2022.
To further understand the key themes and technologies driving patenting activity in the mining industry, access GlobalData’s latest thematic research reports.