2026 European Metals & Minerals Project Spending Outlook

With critical mineral demand projected to quadruple by 2040, Europe faces a complex landscape of opposing economic and geopolitical forces. Join our experts Joe Govreau (Senior VP of Research – Metals & Minerals) and Cemal Mentes (European Regional Manager – Power, Metals & Minerals) as they unpack the current trajectory of the European metals and minerals market. This episode explores how structural energy costs are impacting traditional smelting, the reality behind delayed green steel projects, and how the Carbon Border Adjustment Mechanism (CBAM) is radically reshaping global trade behavior. Discover how the EU is shifting its industrial policy to secure strategic raw materials and what this means for future investments.