Abstract:
This paper analyzes the driving elements of the mineral resources demand in depth, from differing stages of the economic development (transit from agricultural, industrialized to post-industrialized era). It concludes, moreover, that the four development phases for global mineral industry, upon which the structural transition for it has been discussed. In the light of the demand forecast for the global mineral resources in the following 25 years, it sheds light on the trend for the global mining industry. According to the findings, in the next 20 years, it is expected that Asia will take the role as the global demanding centre for the mineral resources. Under such circumstances, there will be a peak period during which the demand for the mineral resources will sharply soar to unprecedented heights, form both the incumbents among the ongoing industrialized countries such as China and the new emerging industrialized countries represented as India. As a result, the competition in the mineral resources demand will further be intensified on the global scale. For the 25 years afterwards, the mineral resources demand from China will be kept at a relatively great level. Therefore, in the next coming 10 years, China should jump on the bandwagon during the golden development age for global mining industry and fully take advantage of the overseas mineral resources, so as to accelerate the completion forChina’s industrialization.