Since the 21st century, the global mineral resources supply and demand situation has undergone new changes, the rapid development of the global economy has increased the demand for mineral resources, resource consumption has accelerated significantly, increasing supply pressure, the supply and demand contradiction of some important mineral products intensified, Prices continue to rise. However, since 2012, the global trend of weak demand for major minerals, “ore prices” began to fall, and shocks with the financial market resonance, as of now, the mining situation continues to deteriorate. Under the new normal, China’s economic structural adjustment in depth, the basic needs of the basic mineral products in place, and prices in the bottom of the interval.
Mineral resources consumption should adapt to the new normal
Beginning in 2012, China’s economic growth slowed down and economic development entered a new normal. In Wang An-jian’s view, China is in the middle of industrialization. The decline of economic growth is an objective law. It is not an inevitable path for China to adjust it to a certain level of economic development. Data show that in 1990, China’s aluminum consumption is only 860,000 tons in 2015 reached 30 million tons, steel consumption reached 710 million tons, up to 530 million tons of oil, the growth rate is very fast.
“Resource consumption must also adapt to and lead the new normal.” Wang Anjian believes that, first, China’s mineral resources demand is from full high-speed growth to low-speed differential growth; second, resource demand structure is undergoing significant changes; Resource supply will be an important change in the way; Fourth, the production capacity is to promote the coordinated development of industrial change; Fifth, the spatial structure of resource use is being transferred.
Most of the mineral resources demand growth slowed
According to projections, in addition to iron and steel, the future of many important mineral resource demand peak in 2020 to 2030 this time period. Wang Anjian said that despite the bulk of the mineral demand is still increasing, but the demand growth is slowing down, which is the global economic trend decision. China’s “all the way along the” strategy for mineral resources to create the conditions for moderate growth. The country’s land area accounts for 38.2% of the world, 64.7% of the world’s population, and 49.9% of the world’s GDP. It is the most active region in the world economy. A large number of important mineral resources need to be imported. Or more exuberant.
The oversupply of major minerals has taken shape
China is still in the middle of industrialization development, not in the late, nor post-industrial. China’s infrastructure construction and social wealth accumulation level is far lower than developed countries, in addition to crude steel, the main mineral resources consumption is on the rise in the overall trend, although consumption growth slowed, but per capita consumption of mineral resources is still high level of operation , And will continue for some time.
In addition, Chinese enterprises should conform to the national strategy of “all the way along the way”, and support regional infrastructure construction through mutual benefit of oil, natural gas, copper, aluminum, lead and zinc to realize mutual benefit and win-win situation. China should strengthen the research of new strategic resources, especially the exploration, evaluation, separation and processing technology of small mineral resources, strengthen the research of nonmetallic materials, and prepare for China’s manufacturing and post-industrialization development in 2025.