BMI Projects Stable Growth in Metals and Mining

BMI predicts consistent expectations of metals and mining in 2026 with global stability alongside the demands of critical minerals boosting the prospects.

BMI, a Fitch Solutions company, anticipates moderate price improvement in the metals and mining sector in 2026, which is underpinned by a reduction in tariff-related fears, restrained supply, and increased demand from the energy-transition sectors. According to its recent outlook report, the global economic situation is becoming better, but the decline in the property market in Mainland China is still a major weight on the industrial consumption of metals.

According to BMI, the majority of mineral and metal prices will be of higher rates than they will be in 2025. Volatility can, however, continue once some metals are again pressured by new tariffs in the United States, especially that of copper, whose new tariffs may start pending in the year 2027. Although the trend in China shows a fall, the expansion in green energy industries is likely to increase the demand for such critical metals as lithium, copper, aluminum, and nickel, which are major components of the metals and mining industry.

Precious metals will also undergo changes; gold prices are expected to remain high initially but will likely decrease later in 2026 as U.S. monetary easing takes effect. A stabilized dollar might increase more of the profits in industrial and precious metals.

Governments around the world are supposed to focus on ensuring the supply of vital minerals with the help of industrial policy, development of domestic capacity and overseas compliance. BMI projects robust merger and acquisition trends in the metals and mining sector, which is being fuelled by the growing pace in the sustained race to acquire minerals needed to fuel clean technologies.

Other emerging forces that will influence the trends in investments in the metals and mining industry in 2026 include frontier-market ventures, greater resource nationalism, and the growth of alliances with tech and aerospace segments.