Lens Metals & Mining for financial institutions
The integrated platform that powers mining capital markets
Lens brings together 4,000+ assets, long-term market forecasts, and scenario analysis to support valuations, portfolio decisions and deal assessment.
Delivering the speed and depth investment banks and institutional investors need to make confident decisions in volatile markets.
Capital intensity is rising. So is risk.
Metals and mining are at the centre of global transformation. Critical minerals now underpin energy transition, advanced manufacturing, and digital infrastructure, driving unprecedented demand, competition, and financial exposure.
Investors and advisers must navigate price volatility, policy uncertainty, geopolitical risk, and constrained supply chains. Traditional research, spreadsheets, and fragmented data no longer provide enough confidence to act or advise with confidence and speed.
Make better decisions – faster
To allocate capital with conviction, or advise clients credibly, you need clear answers to fundamental questions:
- What is this asset or portfolio really worth?
- Where are the most attractive, defensible returns across commodities and regions?
- How exposed are positions to price risk, geopolitics and energy transition pathways?
Lens Metals & Mining equips financiers and investors with the independent, asset-level intelligence required to answer these questions – consistently, quickly and at scale.
Wood Mackenzie's Lens Metals & Mining is more than a data platform; it's the decision intelligence infrastructure that powers mining capital markets, from institutional portfolios to multi‑billion‑dollar transactions.
For investors, Lens replaces fragmented research with integrated asset, market, and scenario analytics – enabling opportunity screening, assumption validation, and portfolio optimisation with confidence.
Our Solutions
Five integrated modules that power your complete workflow – from deal sourcing to portfolio management.
Identify, screen and assess 4,000+ mining assets globally with integrated asset-level data on costs, reserves, infrastructure and financials, enabling you to evaluate opportunities, compare targets and support faster, more confident investment and advisory decisions.
See Workflows:
- Filter and map assets to build investment shortlists or identify acquisition targets, prioritising on performance, location and risk factors
- Assess asset quality, financial viability and strategic fit using detailed data on costs, reserves, production and infrastructure – supporting buy-side diligence or sell-side asset marketing
- Compare assets and companies against peers to identify investment opportunities or support client pitches, with data-backed competitive positioning analysis
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Model asset economics at speed and scale. Tailor valuation models with your own assumptions to assess key financial metrics for mining investments – whether for portfolio decisions or client advisory.
See Workflows:
- Run post-tax NPV, IRR, and payback analysis on target assets to validate acquisition decisions or support client presentations
- Test how asset values respond to different price assumptions, cost structures, and market conditions – optimising your portfolio or demonstrating valuation ranges for clients
- Assess existing holdings for market value and resilience, or help clients evaluate their mining portfolios under various economic scenarios
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Access long-term supply-demand forecasts and price projections to 2050 across 13 critical commodities to identify trends, validate assumptions, and support investment and advisory decisions with a consistent view of market fundamentals.
See Worklows:
- Stress test price assumptions and demand forecasts against our independent market intelligence before committing capital or advising clients to proceed
- Understand where commodities are in their price cycles to optimise portfolio allocation or advise clients on transaction timing
- Model how EV adoption, grid expansion, or manufacturing trends commodity requirements – informing thematic investment strategies or sector coverage recommendations
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Model and compare energy transition pathways to understand how policy, demand and price shifts impact metals markets, enabling portfolio resilience and long-term client advisory.
See Workflows:
- Test how investment holdings or client portfolios perform under Base Case, Pledges, and Net Zero scenarios, identifying risks across different decarbonisation speeds
- Identify which commodities outperform or decline under different scenarios—informing portfolio rebalancing or advising clients on strategic commodity exposure
- Validate investment strategies or client sustainability commitments against Paris Agreement pathways and assess exposure to potential stranded assets
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Visualise material flows and concentration risks across the metals and mining value chain—from mine to smelter to refinery – enabling supply chain risk management and informed capital allocation.
See Workflows:
- Map concentration risks and geopolitical exposure across mining, smelting, and refining – informing portfolio risk management or client advisory on supply security
- Identify and match concentrate specifications from mines to processing facilities – supporting procurement decisions or advising clients on strategic partnerships
- Visualise global network of mines, smelters, refineries and infrastructure to understand market dynamics and identify investment or advisory opportunities across the value chain
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Know our data
Comprehensive, bottom-up coverage of global metals and mining
4,000+
Mining assets modelled globally
13
Critical commodities covered from copper to rare earths
750+
Smelters and refineries tracked
To 2050
Long-term market forecasts and scenarios
Frequently Asked Questions
We currently model over 500+ copper mines and currently include 150+ copper projects. Our data in Assets Valuations includes:
- Pre-tax and post-tax cashflows
- Net Present Value (NPV)
- Internal Rate of Return (IRR)
- Payback period
Yes, you can export our valuation models from our platform once you have completed your analysis and conduct further interrogation.
Lens serves institutional investors (private equity, hedge funds, asset managers), investment banks (M&A, equity research, corporate advisory), and mining companies making strategic capital allocation decisions. The platform is designed to support both direct investment decisions and client advisory work.
Our data is built bottom-up, asset-by-asset through primary research, site visits, and direct company engagement – not derived from aggregated public filings. We integrate this with cross-sector analysis spanning power, renewables, and chemicals to provide demand forecasts tied to real-world end-use drivers (EVs, grid infrastructure, manufacturing) rather than purely historical trends.
Our platform has a weekly data refresh. Asset-level data (costs, production, reserves) is updated biweekly. Market forecasts (supply-demand balances, prices) are updated monthly for short-term outlooks and quarterly for long-term scenarios. This means you're always working with current intelligence, not stale reports from months ago.
They form an integrated workflow: Use Assets Discovery to screen and shortlist targets; Assets Valuations to model economics and returns; Markets Forecast to validate demand and price assumptions; Markets Scenarios to stress test under different futures; Supply Chain to assess concentration risks. Each module can be used independently or as part of a complete due diligence or advisory process.
Contact Us Now
Ready to see the full picture? Request a demo to discover how integrated asset‑level data, market forecasts, and scenarios help you move from analysis to confident decisions.
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