Insight

Metals and Mining Snapshot: Q3 2018 long-term metals themes

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This month's metals and mining snapshot includes a summary slide pack from across our base metals and ferrous Q3 2018 long-term outlooks. We have included a selection of key slides discussing the main themes amongst these commodities, as well some discussion of the changes to our demand outlook. We also take a look at the supply across metals, including new projects expected to meet deficits. The commodities we are particularly interested in this month are aluminium, copper, nickel and zinc.

Table of contents

  • Copper – significant project tonnage still needed
  • Nickel – challenging supply requirement
  • Zinc – surge in Chinese smelter production needed
  • Aluminium – uncertainty prevails

Tables and charts

This report includes 4 images and tables including:

  • Copper projects committed to since the start of 2017
  • Nickel demand by first use in 2018 and 2040
  • Projects help Australia to regain its title of second largest zinc miner from 2019
  • 19% of World ex-China smelters cash negative with alumina prices at US$600/t

What's included

This report contains:

  • Document

    WoodMac Q3 2018 Metals Snapshot.pdf

    PDF 2.98 MB