2026: The year the race for critical minerals will redefine global mining

The British consulting firm BMI Research, recognized for its market projections and country risk analysis, anticipates that 2026 will be a decisive year for critical minerals. The rebound in demand for copper, lithium, nickel and rare earths – coupled with geopolitical tensions and new industrial policies – will transform the global market and open up strategic opportunities for regions such as Latin America, especially Chile.

According to BMI, critical metals and minerals markets will face a rising price scenario in 2026, driven by a combination of factors: growing momentum for decarbonization, tension in global supply chains, and powerful industrial policies in key economies. Elements such as copper, lithium, nickel, cobalt and rare earths – fundamental for batteries, clean energy, technology and defence – are once again taking on strategic relevance. Despite the weakness of the real estate sector in China, structural pressure from critical minerals cushions declines and sustains global demand. Mergers and acquisitions are emerging as one of the dominant strategies: mining companies will seek to increase their exposure to key minerals through acquisitions or alliances. In addition, a rebound in “Brown Field” investments (expansions in existing mines) is expected as a way to mitigate risks and costs in the face of regulatory uncertainty.

Continue reading news in New Mining