The deep adjustment in the international mining sector is nearing its end and is expected to gradually recover starting from the first half of next year.
Release time:
2015-08-03
Source:
(Editor’s Note: If the report in the Economic Daily hits the mark, this will be “good news” for the mining industry. The bottom-rebound phase represents the optimal time for investment. This round of “winter is passing, and spring is coming.”) …… ”)
First, PwC released “ 2015 Global Mining Report: Go All In. The report shows that... 2014 This year, global commodity prices have fallen, short-term market volatility has increased, and global mining companies... 40 The market capitalization of strong companies has suddenly shrunk. 1560 hundreds of millions of dollars. That year, global mining companies saw a decline in capital expenditures on large-scale projects. 20% , expected to in 2015 The number will continue to decrease this year.
Subsequently, according to information from the Hong Kong International Mining Association, China’s overseas mining investment projects in the first half of the year totaled— 63 Zong, year-on-year growth 61% However, in terms of the overall total, globally... 2702 Among the resource companies listed on the stock market, China accounts for only... 7.6% 。
By comparing the data from the two groups with the industry reports released earlier by various institutions—the first-quarter and second-quarter reports—we can see that the international mining sector has already hit bottom. At a time when overseas mining markets are in deep recession and mining companies’ market capitalization has plummeted, the domestic and international mining landscape is quietly undergoing significant changes. Whether viewed from the perspective of corporate investment returns or from the intrinsic need for industrial transformation and upgrading, China’s mining industry is now at an excellent juncture to strategically deploy its resources overseas.
In fact, for China’s mining industry, not only has the window for industrial transformation and development been widely opened, but strategic-level planning is also being accelerated.
Held recently 2015 Year ( The Second Edition ) At the mining investment exchange meeting, several experts from the China Mining Association made similar assessments. “ The Belt and Road ” The initiative to build [this] is an important step taken in light of the current international and domestic situation, and it holds great significance for promoting economic prosperity in countries along the route as well as for fostering bilateral and multilateral regional economic cooperation. In the context of globalized mining, cooperation in the field of mineral resources represents a key component for transforming geographical proximity and resource advantages into new drivers of economic growth.
Specifically, first, “ The Belt and Road ” The countries along the route are rich in diverse resources, which can largely make up for China’s demand for mineral resource diversity and exhibit strong complementarity with China’s industrial structure. Secondly, China’s mining industry has shifted from a period of rapid growth to a phase of moderate development, leading to a slight decline in market demand for mineral resources, while certain... “ The Belt and Road ” The demand potential of countries along the route is gradually becoming apparent, and overall demand is substantial with long-term cycles, enabling the establishment of stable market ties with China. Once again, “ The Belt and Road ” The steady progress of construction has laid a solid foundation for expanding cooperation in the mining industry.
Opportunities are fleeting. Currently, some industry insiders believe that the deep adjustment in the global mining sector is nearing its end and may gradually rebound starting from the first half of next year. Although this assessment has yet to be confirmed by authoritative institutions, several leading companies have already expressed confidence in a recovery, providing indirect evidence of the industry’s trend toward bottoming out and rebounding. Against this backdrop, whether companies can seize these opportunities and accelerate their global expansion efforts not only affects their own development prospects but also represents a crucial decision for the entire industry.