Perspectives - Metals and Mining - May 2024

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We are delighted to present the 3rd edition of “Perspectives – metals and mining” - an enhancement to the M&M product suite. The market has recovered its composure after the rocky start to 2024 and there are some positive signals in key markets that seem to have triggered a response from investors. Battery raw materials gained a lot of attention early this year, but prices have largely stabilised and it has been copper and gold's time to shine. Frustration at the stickiness of inflation is understandable and forecasts of monetary easing are being delayed, with an impact on the pace of metals demand growth through 2026. But some better-than-expected data out of China and the US, and a broad uptick in recent base metals prices, suggest a renewed faith in global metals markets is warranted. A deeper view on each commodity can be found within the relevant commodities' Costs, Concentrates and Markets services. Please download the attached slide document to access the complete report.

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    MM Perspectives Issue3 May24.pdf

    PDF 1.77 MB