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Global Mining Spending Outlook for 2025

Global Mining Spending Outlook for 2025

Executive Summary

The global mining industry is at a pivotal moment, experiencing a significant cycle of investment and transformation fueled by the energy transition, resource security needs, and decarbonization efforts. Project spending has reached its highest point since the bottom of the market in 2017, underpinned by robust demand for critical minerals essential to sustainable technologies. However, industry players face a complex set of challenges, including price volatility, geopolitical risks, and rising economic constraints such as inflation. This whitepaper examines the current state of global mining investments, regional trends, and what lies ahead, providing stakeholders with actionable insights into the opportunities and risks influencing the sector’s future.

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