Global mining outlook in 2019

2019 will be a year with great power competition, multi-risk factors and abrupt turmoil.The development of the world economy will be affected by many uncertain factors such as trade protectionism, and the growth prospects are bleak.Mining companies are cautious in investing, and global mineral exploration and development investment is difficult to keep rising, and a breakthrough needed in the theory, technology and methods.The pattern of supply of large minerals such as oil and natural gas has changed, and the geopolitical risks still exist associated with it.The demand for minerals related to infrastructure construction such as iron ore and copper will increase, and prices will fluctuate.Resource nationalism has intensified, raising taxes and fees has become the main means, and the global mining investment environment is worrying.