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Stock impact report

AI Is Transforming Mining as Global AI In Mining Market Projected to Reach $685 Billion By 2033

Rio Tinto Plc (RIO) 
US:NYSE Investor Relations: riotinto.com/investors-87.aspx
Company Research Source: GlobeNewswire
NEW YORK, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Artificial intelligence (AI) is transforming the mining industry by enabling unprecedented improvements in safety, operational efficiency, sustainability and resource discovery. A recent report from Grand View Research on the global AI in mining market size was estimated at USD 29.94 billion in 2024 and is projected to reach USD 685.61 billion by 2033, growing at a CAGR of 41.87% from 2025 to 2033. Artificial intelligence (AI) in mining market growth is significantly accelerated by the growing need for AI technologies that enhance the accuracy of data management, decision making, productivity, and optimize operations with environmental sustainability by technology innovation in the mining sector, which further improves the sorting and accuracy by reducing the consumption of energy and waste. North America AI in mining market dominated with a revenue share of 34.98% in 2024, driven by the need to enhance operational efficiency, safety, and Show less Read more
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