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2025 Global Metals & Minerals Project Spending Outlook

In this episode of Navigating the Currents of Change, Shaheen Chohan sits down with Joe Govreau, IIR’s Senior Vice President of Research Operations for Metals & Minerals, to examine what’s driving global mining and metals project activity in 2025.

From capital spending trends and regional growth to tariffs, permitting delays, and decarbonization challenges, this conversation dives into the real-time forces shaping supply chains, project pipelines, and industry confidence.

Tune in to hear how top producers like BHP are planning long-term investments, how U.S. tariffs are reshaping the global smelter and steel markets, and why permitting new mines still takes up to 25 years. Joe and Shaheen also spotlight how electrification, automation, and ESG goals are pushing new technologies to the forefront, even as geopolitical headwinds raise uncertainty.

Whether you’re tracking investment signals or adjusting strategies for global volatility, this episode offers key insights from the frontlines of industrial project intelligence.
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