Geomechanics.io

  • Free Tools
Sign UpLog In

    Geomechanics.io

    Geomechanics, Streamlined.

    © 2026 Geomechanics.io. All rights reserved.

    Geomechanics.io

    CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

    Industries

    MiningConstructionTunnelling

    Company

    Terms of UsePrivacy PolicyLinkedIn
    Projects

    Fitch 2026 mineral and metal price outlook: planning notes for mine projects

    January 6, 2026|

    Reviewed by Tom Sullivan

    Fitch 2026 mineral and metal price outlook: planning notes for mine projects

    First reported on MINING.com

    30 Second Briefing

    Most mineral and metal prices are forecast by BMI, a Fitch Solutions unit, to average higher in 2026 than in 2025 as trade frictions ease and demand from net-zero sectors supports copper, aluminium, lithium, nickel and rare earths despite continued weakness in Mainland China’s property market. A key risk is potential US tariffs on refined copper, with the Commerce Secretary due to report by 30 June 2026 on a possible universal duty of 15% from 2027 and 30% from 2028. Gold is expected to stay below about $4,000/oz by late 2026 as the Fed’s rate‑cutting cycle pauses and a relatively stable US dollar index around 95–100 caps further upside.

    Technical Brief

    • Proposed universal US duty on refined copper is 15% from 2027, rising to 30% from 2028.
    • Tariff uncertainty peaked in August 2025, with BMI expecting a gradual decline in 2026.
    • BMI flags potential renewed US tariff flare‑ups targeting specific metals to protect critical industries.

    Our Take

    The proposed universal 15–30% duty on refined copper from 2027–2028 would structurally favour new smelter and refining investments in the USA and Canada over Mainland China, and could make offtake terms from Latin American copper projects more complex as traders re‑route material to avoid US tariffs.

    In our database of 480 Mining stories, BMI and Fitch Solutions appear mainly in price‑forecast and macro‑risk pieces rather than project finance, so these 2026–2028 calls on copper, lithium and rare earths are more likely to influence offtake pricing assumptions and hurdle rates than to signal specific project‑level commitments.

    Linked with BMI’s earlier tin forecast upgrade to 2026, this cross‑commodity bullishness on critical minerals and industrial metals suggests project developers in Africa and Latin America may find it easier to secure offtake‑backed funding, but also face tighter construction and equipment markets if prices track these expectations.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Mining
    about 9 hours ago

    Cementation Africa early dewatering designs: key lessons for mine planners

    Cementation Africa is pushing for underground mine dewatering to be designed from the earliest study phases, with hydrogeological investigations embedded in scoping and pre-feasibility work rather than added after shaft sinking. Study Manager Mine Engineering John Goulding stresses that early characterisation of aquifers, inflow rates and pore pressures allows proper sizing and siting of pump stations, sumps and grout curtains, and integration with shaft and decline layouts. For geotechnical and mine planners, this approach reduces unplanned inflows, avoids costly retrofits and supports more reliable ground support and excavation sequencing.

    Mining
    about 9 hours ago

    JordProxa at Lilac’s Great Salt Lake DLE plant: process design notes for engineers

    JordProxa has been selected as technology and equipment partner for Lilac Solutions’ Phase 1 commercial lithium carbonate plant on Utah’s Great Salt Lake, which targets 5,000 t/y of battery-grade lithium carbonate using direct lithium extraction. The partnership covers the downstream conversion process, integrating JordProxa’s thermal and process equipment with Lilac’s ion-exchange DLE system. First lithium production is planned for 2028, signalling a move from pilot-scale brine processing to a full commercial facility in a chemically complex salt-lake environment.

    Mining
    about 9 hours ago

    Orica Digital Solutions’ Axis Mining support in North Bay: reliability gains for drill teams

    Orica Digital Solutions has opened an Axis Mining Technology Technical Support & Service Centre in North Bay, Ontario, extending on-the-ground backing for its orebody intelligence systems to Canadian and wider North American mines. The facility will support deployment and maintenance of Axis downhole navigation and drillhole survey tools, improving turnaround for calibration, repairs and firmware updates that previously relied on distant service hubs. For geologists and drill and blast teams, closer support should reduce downtime on production and definition drilling and enable more consistent high-precision orebody data.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    Construction

    Quality control software for construction companies with material testing, batch tracking, and compliance management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    GEODB-io

    Centralised geotechnical data management solution for storing, accessing, and analysing all your site investigation and material testing data.

    AllGeotechnicalMiningInfrastructureMaterialsHazardsEnvironmentalSoftwarePolicy