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Michel Van Hoey

Senior PartnerLuxembourg

Advises leading metals and mining companies on strategy, marketing and sales, organization, and transformation

Michel is a senior partner in McKinsey’s Luxembourg office, and focuses on serving companies in the metals and mining industry. Over the past 10 years he has led over 100 client projects covering more than 15 commodities in the metals and mining industry, working in more than 30 countries across all continents. He advises clients on strategy, marketing and sales, and operational transformation, as well as challenges in organization and sustainability.

A frequent focus of Michel’s work is helping leading metals and mining companies and equipment suppliers to adapt their strategies in response to changes in global raw-material markets. Within McKinsey, he leads our work on value- in- use, supporting clients worldwide on raw-material quality and mix decisions, and our work with metals and mining equipment suppliers. He also led the development of our models for CO2 emissions and abatement in the steel industry.

Examples of Michel’s recent projects include supporting the development of an $8 billion capital-expenditure program for mine and downstream expansion, taking a leading advisory role in the integration of two large-scale steel producers, helping to drive a value-in-use performance transformation at a metals client, and advising a metals and mining group on the redesign of its corporate center.

A regular speaker at conferences and industry events, Michel lectures on a range of issues including the implications of commodity volatility, sustainable steelmaking, and CO2 abatement. He is also the author of a number of articles on these and other metals and mining topics. He holds a master’s degree in mechanical engineering from Ghent University, a degree in management from Vlerick Business School, and an MBA from INSEAD in Singapore.

Published Work

The net-zero materials transition: Implications for global supply chains,” McKinsey & Company, July 2023

The Scope 3 challenge: Solutions across the materials value chain,” McKinsey & Company, May 2023

The circular cement value chain: Sustainable and profitable,” McKinsey & Company, March 2023

Capturing the green-premium value from sustainable materials,” McKinsey & Company, October 2022

The new imperative for green commodities,” McKinsey & Company, August 2022

Adopting a smart data mindset in a world of big data,” McKinsey & Company, May 2021

The future of the European steel industry,” McKinsey & Company, March 2021

Decarbonization challenge for steel,” McKinsey & Company, June 2020

Unlocking the digital opportunity in metals,” McKinsey & Company, January 2018

Past experience

FMC Corporation
Business planner

Katoen Natie
Project manager


INSEAD Singapore
MBA, business administration

Vlerick Business School
Degree, management

Ghent University
MSc, mechanical engineering