BMI predicts more stable metal prices, critical mineral deals in 2024

Research agency BMI on January 17 unpacked the key themes for metals and mining for the year, highlighting that the sector is making a modest recovery amid global deceleration.

BMI commodities analysis head Sarbin Chowdhury says the agency has an overall positive view on metal price forecasts, which are averaging slightly higher this year than in 2023 and above pre-2020 levels. However, there will not be a return to the high price surges of 2022.