Insight
The impact of technology on long term metal prices
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In the long term there is a symbiotic relationship between technology and long-term metal prices. During the 20th century every time there was a copper demand “super-boom”, prices would skyrocket, then a breakthrough in technology drastically reduced costs in the mining industry and hence (long term) prices. The latest “super-boom” China and emerging market demand was responsible for a significant increase in mining related costs and concomitantly metal prices. Will mining technology again play a role in reducing cost and hence long-term prices? What is different this time?
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Iran and the Strait of Hormuz: The impact of the Middle Eastern conflict on iron ore
Closure of Strait threatens to choke off Middle Eastern DRI supply
$1,050
Country Report
Global copper mine cost summary
Click through to access a wealth of data from Wood Mackenzie's latest analysis of global copper mining sector.
$6,750
Insight
Global oil supply short-term update - March 2026
Outbreak of conflict in the Middle East lowers our global oil supply
$1,350
