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The author considers methods of forecasting metal-cutting tool life based on characteristics of cutting tool material. These characteristics depend on differences in numerical values of physical and chemical properties of tool material due to changes in its composition, structure, and production process variables. The described methods allow obtaining the information necessary for forecasting the tool life beyond the process of cutting, for example at the stage of cutting tool manufacturing. The author suggests using the method of registration of thermo-physical properties of the tool material as a promising forecasting technique.