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The functioning and trade of minerals and metals on exchanges vs. chemical markets
Lavudya, Sravan Colorado School of Mines. Payne Institute for Public Policy
Lavudya, Sravan
Colorado School of Mines. Payne Institute for Public Policy
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2025-04-02
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Abstract
The global metal and mineral market has experienced significant growth in recent years, with its market size rising from $8.43 trillion in 2024 to $8.95 trillion in 2025, reflecting a compound annual growth rate (CAGR) of 6.1% (Metal and Mineral Global Market Report, 2025). This growth is evident across various segments, including industrial metals (e.g., copper, aluminum, steel), precious metals (e.g., gold, silver), and minerals (e.g., lithium, cobalt). Key factors driving this growth include rapid industrialization in emerging economies, increased infrastructure development, and ongoing technological advancements in the electronics and renewable energy sectors.
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