The Big Picture:
2022 Metals and Mining Industry Outlook

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A look ahead to the key strategic trends and opportunities expected to drive the metals and mining industry narrative through 2022 and beyond.
Deteriorating global macroeconomic conditions will persist into early 2023, representing a downside risk to the metals and mining sector as many commodity prices slide and equity market support weakens. Producers will be impacted by narrowing margins, while the exploration sector will restrain activity amid tighter financing conditions. Lower activity levels in the second half of 2022 and through 2023 will reinforce the importance of the metals and mining industry’s role in the global energy transition effort. As the year progresses, we anticipate improving conditions once central banks gain the upper hand on inflation.

Gain critical insights into the 2022 outlook for the mining sector and metals market:

  • Commodity demand expectations
  • Exploration outlook
  • Battery metals, copper, zinc and iron ore markets forecasts
  • Mining costs and margins projections
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