Insight

Global mining capex spend: winners and losers

From

$1,050.00

You can pay by card or invoice

From

$1,050.00

You can pay by card or invoice

Get this Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

After peaking in 2012 at US$130 billion, Wood Mackenzie's estimate of global corporate capital expenditure across the main mining and metals commodities has slumped by more than 60%, to  only US$48 billion in 2016. Iron ore and coal have seen the biggest reductions and the outlook for the bulks remains very subdued out to 2019. But future capital investment in copper and gold has the potential to rebound strongly, with combined expenditure from new copper and gold projects in 2019 of US$44 billion –  a similar level to the 2012 high. Zinc and lead also shows a rise in expenditure in 2018-19, flowing from new projects being slated on the back of a supply shortage and improved price outlook. More than half of potential 2019 global mining capex in our dataset comes from just five countries: Chile, the US , Canada, Australia and Peru. 

What's included

This report contains

  • Document

    Global mining expansion capex.xls

    XLS 148.50 KB

  • Document

    Global mining capex spend: winners and losers

    PDF 264.50 KB

  • Document

    Global mining capex spend: winners and losers

    ZIP 360.35 KB

Table of contents

Tables and charts

This report includes 6 images and tables including:

Tables

  • Global mining capex spend: winners and losers: Table 1
  • Global mining capex spend: winners and losers: Table 2

Images

  • Capex by commodity (US$ billion)
  • Capex share by commodity (2019)
  • Capex by country (US$ billion)
  • Capex share by country (2019)

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898