Global Materials Perspective 2025 Report

The Global Materials Perspective 2025 is a report produced by McKinsey’s Global Energy & Materials Practice. This report examines materials demand across three energy transition scenarios and three supply scenarios, utilizing asset-level data modeled by MineSpans. The report aims to provide insights into the changing availability, affordability, and sustainability of materials critical to the energy transition and digital infrastructure expansion. It highlights trends in the materials industry, particularly focusing on metals and mining, and categorizes materials based on their demand drivers related to the energy transition. The report also discusses the impact of geopolitical factors, technological advancements, and market dynamics on the materials industry, including shifts in profitability and capital markets. Additionally, it outlines future opportunities and challenges within the sector, emphasizing the need for sustainable solutions and productivity improvements to capture growth effectively.