Greece’s mining and quarrying sector remained one of the most dynamic and outward-looking segments of the national economy in 2025, underscoring the strategic importance of mineral raw materials for industrial development, the energy transition and Europe’s drive for greater autonomy in critical raw materials, according to the annual report of the Greek Mining Enterprises Association (SME).
A sector that until recently operated largely out of the spotlight has now moved to the centre of European policymaking, emerging as a key driver of the modern economy and an increasingly important factor in geopolitical influence.
Among the major issues shaping the sector’s development over the 2026–2030 period was the licensing procedures. Faster and more predictable licensing processes are considered essential for attracting and implementing new investments.
Greece’s International Standing
According to the Association, Greece continues to hold a particularly strong position in the global minerals sector.
Data from World Mining Data showed that Greece ranks first in the European Union and second globally in perlite production, first in the EU and sixth worldwide in bentonite production, first in the EU and 14th globally in bauxite production, fifth in the EU in magnesite output, fourth in aluminium production and sixth in lignite production.
The Association also noted that, as part of Greece’s lignite phase-out strategy and the accelerated rehabilitation of former mining sites, approximately 55,000 stremmas of land have been returned to the Greek state.
Sector Performance
The sector maintained its strategic importance in 2025, recording higher overall production and preserving its export-oriented profile despite the continued decline of lignite-related activity as a result of the country’s decarbonisation efforts.
Overall, the year was characterised by strong production levels in industrial minerals and metallic ores, robust export performance—particularly in processed products—growth in the turnover of leading mining companies, and a gradual adjustment to the energy transition through reduced lignite output.
At the same time, the sector continued to play an important role in ensuring security of supply and supporting energy security during the transition period.
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