As a provider of materials for a wide range of industrial activities that are central to the world’s economy, the mining and metals sector are sensitive to changes in the global operating landscape. Factors such as economic shifts, changes in regulation, geopolitical uncertainty, and declining commodity prices make it harder to predict future demand for raw materials. To prepare for the future, mining and metals firms need access to reliable data and forecasts for key economic drivers, as well as analysis of trends in global industrial production, energy and commodity prices, government and consumer spending, and the performance of key end-use-sectors such as construction and automobile manufacturing.
To help executives and government leaders understand the challenges, opportunities and risks that loom ahead, Oxford Economics’ team of economists and industry experts draw on the latest models and analytical tools to provide valuable decision support on some of today’s most critical issues that face the mining sector, including:
- The world’s most widely used framework for macroeconomic simulations, the Global Economic Model covers 46 countries in detail, with 35 additional economies in summary which together comprise 98% of world GDP. The tool can be used to address strategic questions related to a wide range of economic topics, and provides our base scenario along with various alternative scenarios to support tailored analysis.
- The Global Macro Service is used by mining and metals firms to monitor the macro environment. Within a single workstation, we provide event-driven analysis, insights on key data releases, and direct contact with our team of 200 economists, alongside a deep portfolio of research tools to assess the impact of macro events across more than 200 countries on your business strategy. The service provides Oxford Economics’ view on events and key data releases on a global, regional, and country basis, providing insights on triggers that may affect the extractives sector, such as conflicts, supply disruptions, and policy changes.
- Long-term forecasts and analysis of trends for key sectors in the world’s major economies. Our industry services provide reliable analysis of macroeconomic and sector trends that will affect key industries around the world. Reports, databanks, and models help clients analyse historical and forecast data, gain insights into the impact of economic developments, and anticipate industry trends and performance under alternative scenarios.
- Monthly forecasts of commodity prices and future markets trends and prices for raw materials such as energy, base metals, precious metals and other industrial inputs.
Find out more
To find out more, including how we can adapt our economic modelling, forecasts, monitoring, or scenarios to meet the needs of your organisation or sector, please contact your nearest Oxford Economics office.