CRU clients show newfound optimism for 2024

As we look back on a challenging year in which inflation receded, major economies showed resilience, but geopolitical risk remained high, we explore the results of our annual client survey on the prospects over the coming year for global growth, inflation and sustainability-related issues.

In December, we conducted our annual macroeconomic survey in which we asked our clients about their expectations for 2024 and beyond. 186 clients took part in the survey, of which 31% were located in Europe, 28% in Asia (including India, China and Australia), 25% in North America, 10% in Central and South America and 5% in Africa. The largest proportion of clients came from the metals sector (46%), followed by mining (10%) and end-use (6%).

Read the results of our survey in our recent insight.

CRU appoints new Head of North America Analysis for Aluminium

We're thrilled to welcome Kaustubh Chandorkar as our new Head of North America Analysis for Aluminium!

As a veteran of the aluminium industry, Kaustubh will leverage his 30 years of experience to support the growth of our existing client base in the region. As firms seek to navigate the ever-changing commodities landscape, having access to the best-in-class insight and information is essential. With Kaustubh’s support, we hope to get more actionable, trustworthy data to more people, and ensure they can navigate this landscape effectively.

Before joining CRU, Kaustubh held several leadership roles at Alcoa, Arconic and as a consultant to Hulamin, South Africa, spanning research & and development, sales, marketing, finance, and most recently business strategy and development. This unique blend of experience will be crucial when it comes to helping clients in the marketplace, whilst contributing to the expansion of CRU’s products and services.

Learn more here.

Top calls for the battery market in 2024

This insight article covers the pivotal trends and challenges confronting the battery market in 2024. Amid fluctuating metal prices and geopolitical shifts, the battery industry faces a critical juncture. From curtailed mining operations affecting lithium and cobalt supply to the strategic realignment of global supply chains away from China, we explore the multifaceted pressures reshaping the landscape. The piece also examines the potential impact of upcoming global elections on battery and electric vehicle (EV) policies, technological innovations poised to disrupt the market, and the evolving dynamics of investment and production. As the demand for batteries continues to grow, driven by the surge in EV adoption and renewable energy storage, understanding these trends is crucial for stakeholders across the value chain.

Read our full insight to learn more.

Upcoming Events

CRU India Commodities Briefing 2024

This year's CRU India Commodities Briefing will have a special focus on #decarbonisation and carbon taxation, addressing global emissions benchmarking of Indian metals producers and exploring pathways to navigate challenges.

Join us on 13 March 2024 at the India Habitat Centre in New Delhi where industry leaders, analysts, and consultants will come together to share their expertise in the dynamic world of commodities.

Register now.

PDAC Convention 2024

CRU is heading to PDAC 2024!

??Date: 3 - 6 March 2024

??Venue: Metro Toronto Convention Centre (MTCC) and Fairmont Royal York Hotel

The annual award-winning Prospectors & Developers Association of Canada (PDAC) Convention in Toronto, Canada brings together up to 30,000 attendees from over 130+ countries for its educational programming, networking events, business opportunities and fun.

CRU's Brendon Wrana , Francisco Acu?a and Frank Nikolic will be at the event ready to engage in discussions and share valuable insights.

Learn more about #PDAC2024 here. See you there!