Within the context of the so‐called green energy transition, the mining industry has successfully repositioned itself as a facilitator of, rather than an impediment to, a sustainable future. Underlying the success of this claim is a discourse of sustainability that, on the one hand, equates sustainability with decarbonisation and, on the other hand, insists that the rapid expansion of renewable energy generation and storage infrastructures is the only viable way to decarbonise. Reflecting specifically on the mining industry's increasingly central role within this discourse, this article identifies three key modalities of decarbonisation, each of which involves energy storage as an important component: decarbonisation through mining; decarbonisation of mining; and decarbonisation of mines themselves. Analysing these modalities through the emergent literature on the political ecology of storage, which highlights both the spatial and temporal elements of storage infrastructures, we argue that the reinforcement and expansion of green extractivist logics is driven, in part, by the idea that extractivism can and will unlock new spaces and temporalities of decarbonisation through the installation and expansion of energy storage infrastructures. Consequently, energy storage in mining decarbonisation is not only a form of accumulation, but a condition of possibility for sustaining and generating new forms of capitalist extraction.