The FMF Barometer is the world’s first comprehensive tool for measuring the readiness and progress of critical mineral value chains across the Super Region, spanning Africa, Western Asia, Central Asia, and Latin America.
Developed by the Future Minerals Forum (FMF) in collaboration with McKinsey & Company and global sector experts, the Barometer consolidates data, stakeholder sentiment, and project-level analysis into a single, authoritative platform.
It reflects the Future Minerals Framework to benchmark how governments, industry, and investors are advancing resilient, responsible mineral ecosystems from exploration through advanced manufacturing.
The world is entering a metals-intensive era. Demand for minerals essential to electrification, digital infrastructure, and defense applications is rising at record pace. Yet investment has lagged, supply chains remain concentrated, and the risk of global bottlenecks continues to grow.
The FMF Barometer equips decision-makers with:
A clear performance baseline across the six enablers of mineral value chain development.
Evidence-based insights to guide policy design, capital allocation, and industrial strategy.
A shared language for governments, companies, and financiers to coordinate action.
Annual State of the Sector insights capturing how CEOs, investors, and policymakers perceive progress and emerging risks
Annual State of the Sector insights capturing how CEOs, investors, and policymakers perceive progress and emerging risks.
The FMF Future Minerals Framework identifies several foundational enablers that determine whether mineral value chains can scale responsibly and competitively.
The Barometer assesses progress against each of these pillars.
Establish stable policies to support mineral value chain development, aligned with international standards to attract and maintain investor confidence.
Secure and manage significant investments through innovative financing solutions including public-private partnerships and green finance.
Build multi-model infrastructure encompassing roads, railways, and ports to lower costs for individual assets and improve the feasibility of mining projects through shared infrastructure.
Develop strong environmental and social governance frameworks and adopt technologies that enable traceability systems.
Invest in education, develop local training programs, and foster research and development partnerships to address skill shortages.
Upgrade geological data systems and partner with global experts to access technologies that boost operational efficiency in production assets in each step of the mineral value chain.
Developing geological data capacity in supplier countries, recognizing that accessible and reliable geological data is essential to attracting investment.
