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2 minute read
Robin Griffin
Vice President, Metals and Mining Research
Robin Griffin
Vice President, Metals and Mining Research
An integral part of the research team since 2007, Robin leads our analysis across metals and mining markets.
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Nick Pickens
Research Director, Global Mining
Nick Pickens
Research Director, Global Mining
Nick has over 20 years of experience in the metals and mining sector across base, bulk and precious metals.
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Daniel Carvalho
Director, Metals & Mining Consulting
Daniel Carvalho
Director, Metals & Mining Consulting
Daniel brings over 18 years of experience as a global operations, process and technology leader.
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James Whiteside
Head of Corporate, Metals & Mining
James Whiteside
Head of Corporate, Metals & Mining
With 15 years of experience in the metals and mining industry, James leads our corperate coverage.
View James Whiteside's full profileMarkets are waiting to be transformed in 2025. Accelerating deglobalisation and protectionism, coupled with the waning momentum of global climate initiatives post-COP29 is certainly a concern for metals demand and pricing this year. But strong power demand, plummeting costs for low-carbon technology in China, and a surge in renewable project investment will keep consumption levels high.
Hope and caution are both reasonable. While 2024 fell short of recovery expectations, the accelerating monetary loosening cycle and moderating cost inflation offer a silver lining next year. But will persistent overcapacity in value chains, particularly in China, keep prices range-bound?
Drawing on unique insight from Lens Metals & Mining, we’ve set out our view of the key themes to watch in the year ahead.
This includes:
- Economy and markets: a positive change but patience required
- Supply chains in for another rocky year?
- Decarbonisation: compliance, costs, carbon offsets
- Low-emission technology deployment under pressure
- More transformational M&A on the way?
Fill in the form at the top of the page for your complimentary copy of Metals and mining: five things to look for in 2025.
Plus, scroll down for our view on how key themes will play out for different metals and mined commodities, from aluminium all the way through to zinc.
Also in this series of complimentary reports:
Base & precious metals
What's on the cards in the year ahead for aluminium, copper, gold, lead, nickel and zinc? Where will the biggest opportunities and challenges lie for each?
Read our experts' predictions of the key themes to watch.
Battery raw materials
Key themes to watch, from the impact of Trump's energy policy on the graphite market to the diversification of rare earth supply outside China, the changing demand profile for lithium – and the bright spots for cobalt amid ongoing challenges.
Bulk commodities
Will protectionism shake up steel trade patterns? How will the iron ore markets fare amid policy shifts and demand woes? And as another major exits coal, will others follow?
Read our predictions for the year ahead for steel, iron ore, metallurgical and thermal coal.
Steel alloys
How will the bulk alloys market navigate a phase of recalibration in 2025? And in the realm of noble alloys, could vanadium see recovery? What's shaping the molybdenum price outlook? And how will geopolitical and technological shifts affect niobium’s strategic value?
Plus, corporate themes in focus:
Metals and mining corporate
Could economic tailwinds drive companies to break away from recent trends in 2025? How might boardroom attitudes shift?
Our experts pick out five metals and mining corporate themes to look out for in the year ahead.
