Silver mining in the area around Brand-Erbisdorf dates back to at least the 13th century. It emerged as the most important mining area in the Freiberg mining district. During some periods, more than 20% of the total Saxon silver was extracted here. Its importance is demonstrated by the well-preserved mining surface buildings and the Thelersberger adit as examples of mining infrastructure.

After the closure of the mines, the Elite automobile plant was founded at this location in 1913 as a statesupported post-mining industry.