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Mining &
Metals
Intelligence.

Strategic intelligence across base metals, precious metals, critical minerals, coal, steel, and aluminium — serving mining companies, commodity traders, metal processors, infrastructure investors, and PE funds with the upstream intelligence that high-stakes resource decisions demand.

65+
Mining & Metals engagements completed
13yr
Sector experience
9
Mining markets covered
$1.3B
Decisions supported
Coverage Areas

Every commodity in the
metals complex.

01 · Base Metals

Copper, Aluminium & Zinc

Demand forecasting for industrial base metals, end-use sector analysis, downstream processing economics benchmarking, and competitive intelligence for base metal miners, smelters, and commodity trading firms across Asia.

Demand forecastingEnd-use analysisSmelter benchmarks
02 · Critical Minerals

Critical Minerals & Battery Metals

Lithium, cobalt, nickel, and rare earth market sizing, EV-driven demand scenarios, supply chain concentration risk, and M&A intelligence for critical mineral miners, battery companies, and energy transition investors.

Critical mineral sizingEV demand scenariosSupply concentration
03 · Steel

Steel & Flat Products

Steel demand by sector, scrap market dynamics, mini-mill vs integrated plant economics benchmarking, and competitive intelligence for steel producers, distributors, and infrastructure-driven demand forecasters across South Asia.

Steel demandScrap dynamicsMini-mill benchmarks
04 · Coal

Thermal & Coking Coal

Thermal and met coal demand forecasting, power sector coal procurement intelligence, mine quality benchmarking, and transition risk assessment for coal miners, power companies, and commodity traders.

Coal demandMine benchmarksTransition risk
05 · Precious Metals

Gold, Silver & Jewellery

Consumer gold demand research, jewellery retailer landscape mapping, hallmarking policy impact analysis, and investment demand intelligence for gold refiners, jewellery manufacturers, and precious metals traders in South Asia.

Consumer gold demandRetailer landscapeHallmarking impact
06 · Minerals & Industrial

Industrial Minerals & Mining Services

Limestone, bauxite, and industrial mineral demand mapping, quarry economics benchmarking, and competitive intelligence for mining service companies, equipment suppliers, and industrial mineral processors across South and Southeast Asia.

Industrial mineral demandQuarry economicsMining services intel

Questions we've answered for
mining clients.

These are the actual questions clients bring to us. We've answered some version of each of them, multiple times, across multiple geographies.

What is the real Indian steel demand trajectory over the next 5 years — by product, by end sector, and accounting for import competition — and which capacity investments are justified by that demand?
We're a global mining company evaluating Indian critical mineral assets. Which jurisdiction has the most actionable regulatory environment, and what are the three risks the asset sale memorandum isn't disclosing?
Our aluminium smelter is running at 78% capacity with power costs 30% above peers. Tell us whether the competitive disadvantage is structural, temporary, or addressable — and what the fix requires.
We're acquiring a copper processing business in Southeast Asia. How concentrated is the customer base, are the processing contracts take-or-pay, and what is the upstream supply chain risk?
Who will control India's lithium and battery metal supply chain in 2030 — domestic miners, Chinese processors, Korean battery makers, or a state-backed Indian national champion — and what's the defensible investor position?
Our coal mining business has 15 years of reserve life but ESG pressure is raising our cost of capital by 200bps. Tell us what a credible transition strategy looks like — and whether it's worth building.
Mining Case Studies

Evidence of
decisions made better.

MIN.01 · Critical Minerals · India

$220M Critical Mineral Asset Evaluation

Global mining company evaluating Indian lithium and cobalt exploration assets. NEO ran regulatory landscape research, demand scenario modelling, competitive asset benchmarking, and ESG risk assessment across 5 potential acquisition targets.

2 assets shortlisted · Regulatory risks quantified
Read Case Study
MIN.02 · Steel · India

Steel Demand Forecasting for Capacity Planning

Large Indian steel producer commissioning 5-year demand forecasting for a 3 MTPA capacity expansion decision. NEO ran end-use sector research across construction, auto, and infrastructure, with competitor capacity pipeline mapping.

Expansion approved · Demand model built for IC
Read Case Study
MIN.03 · Copper Processing · M&A DD

$100M Copper Processing Acquisition DD

PE fund acquiring a Southeast Asian copper processing business. Customer concentration verified, offtake contract portability assessed, and upstream supply chain concentration risk quantified across 3 supplier relationships.

2 supply risks surfaced · Acquisition price adjusted
Read Case Study
Mining & Metals Intelligence

Latest mining
thinking.

Market Report

India's Critical Mineral Race: Lithium, Cobalt, and the Strategic Imperative the Government Is Finally Pricing In

March 2026
Strategy Brief

The Indian Steel Demand Model: What Infrastructure and Auto Actually Imply for the Next 5-Year Cycle

January 2026
Due Diligence Note

Mining M&A DD: What Acquirers Miss in Reserve Quality, Processing Contract Portability, and ESG Risk

November 2025
Mining Practice Leadership

The team behind
the intelligence.

RS
Partner & Mining Practice Lead
Rajesh Sood

18 years in mining and metals strategy. Led 40+ market entry, commodity demand forecasting, and M&A mandates across base metals, critical minerals, and steel in South Asia, Southeast Asia, and Africa. Former Rio Tinto Strategy.

DT
Director — Critical Minerals & Steel
Devika Trivedi

Specialist in critical mineral market intelligence and steel demand research. 13 years of commodity demand forecasting, supply chain risk analysis, and EV-driven battery metal market sizing across Asian markets.

KP
Director — Coal & Industrial Minerals
Kumar Pillai

12 years in thermal and coking coal market intelligence and industrial mineral demand research. Specialist in mine benchmarking, transition risk assessment, and power sector coal procurement intelligence across South Asia.

A mining decision
you need to get right.
Brief the Mining Practice →

Licensing Options

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Choose the access level that suits your organisation. All licences include the full report, methodology appendix, and structured data tables. Post-sale analyst support included.

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Report accessible to 1 user only
No printing / editing rights
8 hours of post-sale assistance by Market Analyst
5% or 16 hours customisation
Get Access →
Suitable for individual researchers
US $8,450
Report accessible to unlimited users
Rights to print / edit
40 hours of post-sales assistance by Market Analyst
20% or 70 hours customisation
Direct access to Lead Analyst
Organisation-wide intranet / presentation rights
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For enterprise-wide deployment

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