China's resource security situation is facing severe challenges

Abstract On May 29th, the 2014 Annual Surveyor's Annual Meeting (the 8th National 100th Geological Team Leaders Symposium) hosted by the China Mining Association opened in Xiamen. The 8th Secretary-General of the National Committee of the Chinese People's Political Consultative Conference and the Minister of the Ministry of Mines and Minerals Zhu Xun In the speech at the meeting, he said that China’s resource security situation...
On May 29th, the 2014 Annual Surveyor's Annual Meeting (the 8th National 100th Geological Team Leaders Symposium) hosted by the China Mining Association opened in Xiamen. The 8th Secretary-General of the National Committee of the Chinese People's Political Consultative Conference and the Minister of the Ministry of Mines and Minerals Zhu Xun When attending the meeting, he said that China's resource security situation is facing severe challenges.
Zhu Xun said that in recent years, due to the efforts of the national geological workers, the prospecting front has continuously sent a good report, and has achieved exciting results in prospecting. Not only have we found a number of large and extra-large mineral deposits in the vast new areas of the western region, especially in the Qinghai-Tibet Plateau, but we have also found many new resources for prospecting in the deep and surrounding areas of many old mining areas and crisis mines. A large number of old mines have been able to extend their service life, and a large number of crisis mines have rejuvenated.
According to the information center of the Ministry of Land and Resources, 466 large and medium-sized mineral deposits were newly discovered in the three years from 2011 to 2013, including 174 large-scale mineral deposits. Among the 45 major minerals, 33 have added proven reserves, effectively improving the domestic resource support capacity.
Zhu Xun emphasized that while we have seen great achievements in the prospecting front, we must clearly see that the security of our country's mineral resources is facing severe challenges.
On April 15 this year, at the first meeting of the Central National Security Council, General Secretary Xi Jinping delivered an important speech on the "life and death of the country" and the fate of his future. General Secretary Xi Jinping referred resource security to the height of national security, indicating that resource security is a major issue.
At present, a large number of mineral products in China need to be imported from abroad. According to incomplete statistics, of the 45 major mineral products, 23 are imported from abroad, including coal. In 2013, China imported 320 million tons of coal from abroad, an increase of 13.4% over 2012; net import of iron ore was 813 million tons, up 9.4% year-on-year; oil imports were 219.59 million tons, 4.18 times that of 2000. In 2013, the import and export trade deficit of mineral products reached as high as 330.447 billion US dollars.
At the same time, the dependence on the consumption of major mineral products in China has increased rapidly. The dependence on foreign oil increased from 32.59% in 2000 to 61.5% in 2013, and the external dependence of iron ore increased from 36% in 2000 to 58.7% in 2013. In 2013, the external dependence of nickel ore was 70%, that of bauxite was 74%, and that of copper was 81.7%.
"There are so many mineral products that need to be imported, and the import volume is so much, and the degree of dependence on foreign countries is so high. This trend will not only weaken in the next few years, but will further intensify. From the above situation, China's resource security The situation can indeed be said to face severe challenges." Zhu Xun said.
The China Economic Times reporter noted at this meeting that more than 700 representatives attended this meeting, the highest in history. In the face of the decline in demand for mineral products and the sluggish mining market, the industry chose to cooperate and seek common development. Experts are also active. Advice, support enterprises and institutions to tide over the difficulties.
Zhong Guo, chief engineer of the Ministry of Land and Resources, said at the meeting that during the mining boom in the past 10 years, China's geological exploration has developed rapidly, achieving major breakthroughs in prospecting and making outstanding contributions to improving resource support capabilities. The economic strength of geological exploration units is greatly Enhancement, opportunities for the reform and development of geological exploration units still exist.
Despite the current sluggish mining industry, Zhong is naturally more optimistic. He said that from the domestic perspective, China will continue to promote new industrialization and urbanization. Every year, infrastructure construction such as railways, highways and affordable housing will maintain a large scale. There is still a strong demand for mineral resources. From the situation of the annual meeting of the Canadian Association of Exploration and Developers (PDAC) in March this year, the market is generally optimistic about China's demand for mineral products and its support for the international mining market. From an international perspective, although the recent economic growth rate of emerging economies has slowed down, the overall situation of accelerating industrialization and urbanization has not changed in the coming period, and their respective markets are forming an increasingly large-scale effect on mineral resources. Come huge demand. Recently, the developed economies such as the United States, the European Union, and Japan have shown signs of recovery in different degrees, which has also brought new impetus to the recovery of the mining industry. Therefore, from the macroscopic long-term perspective, we are still full of confidence in the future development of the mining industry.
Chen Jinghe, chairman of Zijin Mining, said that in the past, when the mining market was good, Zijin Mining's gross profit margin was as high as 70% or more, and the highest was 72%. Due to the overall market situation, the company's gross profit margin decreased, and it fell to 48% last year. Chen Jinghe analyzed the trend of the mining market from a global perspective. He believes that the Chinese economy will continue to grow and the demand for major mineral products will increase, but the growth rate will not be as large as before.

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