Summary
Join S&P Global Metals & Mining Research analysts for a comprehensive review of recent commodity market performance. The session will provide current outlooks and assess the overall health of the industry based on market activity levels.
The discussion will also cover the sector’s advancements in decarbonization efforts and present findings from the latest exploration budget study.
What to Expect:
- Analysis of trends and outlooks for supply, demand, and price performance of key commodities.
- Examination of mine cost dynamics and decarbonization initiatives in the pursuit of lower emissions.
- Overview of financing activities and overall market momentum.
- Key insights from the 2025 Corporate Exploration Strategies study.
Agenda
Speakers
S&P Global Energy
Lukasz Bednarski
Principal Research Analyst, Lithium and Battery Metals
Lukasz is a Principal Research Analyst and a member of Global Inorganics- Lithium and Battery Metals Team. He covers battery materials market with particular focus on lithium, graphite, manganese, cathodes and anodes materials.
Lukasz has worked in the commodity sector spanning physical trading, training, product management, and research. Prior to joining, his interest in battery materials led to the development of an independent web portal covering the sector.
In addition to his degree in Economics and Business Administration from Aalborg University, Lukasz has studied financial topics in China, Russia, Germany, and Liechtenstein.
S&P Global Energy
Francesca Price
Senior Analyst, Critical Mineral Research, Metals & Mining
Francesca Price is a Senior Analyst in the Metals and Mining Research team at S&P Global Energy, based in London. With a background in mining geology, Francesca has been covering the metals markets since 2019, initially focused on precious metals and PGMs, and more recently expanding her scope to look at all critical raw materials. Her primary focus now is the policy environment of critical minerals, assessing how political, technological, economic, environmental and legislative changes will affect these commodity markets, in the context of the energy transition. Francesca joined the Department for Business and Trade in 2023 as a Senior Policy Advisor for critical minerals, helping deliver high priority workstreams within the UK’s Critical Minerals Strategy for HM Government. Francesca holds a BSc in Geology from the University of Leeds.
S&P Global Energy
Manraj Lamba
Mine Economics Analyst, Metals & Mining Research
Manraj Lamba is a Mine Economics Analyst in the Metals and Mining Research Team at S&P Global Energy based in London. He is a part of the Mine Economics team which provides an industry leading multi-commodity cost curve product from which clients can assess and value mining assets across 15 major commodities.
His prior experience includes working in the energy space both in Oil & Gas and Renewable Energy as well as soft commodity markets including the sugar, vegetable oils, and wheat markets.
Manraj holds both a Meng in Chemical Engineering and MSc in Metals & Energy Finance from Imperial College London.
S&P Global Energy
Jason Holden
Senior Principal Analyst
Jason is a Senior Mining Analyst working within the Metals and Mining Team in London. His primary focus is building asset level production and discounted cash flow models of mining operations across the globe, and writing associated research articles. He is responsible for compiling and updating the platinum group metals supply estimates and has been heavily involved in the expansion of coverage of Chinese copper, gold, zinc and iron ore assets.
Prior to joining the team in 2018, he worked directly in the mining industry gaining experience in exploration geology and resource development. He was part of the discovery team of the Wodgina iron ore deposit in Australia and worked on the Lumwana copper project in Zambia. He also spent a year as a Mining Analyst in investment focused role with China Non-Ferrous Metals International Mining, in Beijing.
Jason holds a BSc (hons) in Applied Geology from Camborne School of Mines, and an MSc in Metals and Energy Finance from Imperial College London. He is a fellow of the Geological Society of London, and a member of the Society of Economic Geologists.
S&P Global Energy
Karen Norton
Principal Analyst
Questions?
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