Outlook and overview of mineral resources situation of China in 2021

In 2021, global economy rebounded after falling to the bottom.The global mining market is struggling to recover.The prices of mineral products fluctuated violently and hit new highs repeatedly.Investors’ confidence in the mining market has returned.China’s economy has continued to recover steadily.China’s mining market has shown strong resilience.The national investment in geological exploration and the fixed assets investment in the mining industry increased.The profits of mining and dressing industry hit new highs, the production of mineral products has continued to grow, the energy structure has continued to improve, and the imports of bulk mineral products stayed high.In the future, to sustain China’s economic growth, the stable and safe supply of mineral products is required.On the one hand, the non-oil and gas geological exploration investment is insufficient.It is necessary to increase the domestic prospecting efforts to ensure the supply of mineral resources with “minimum economic cost”.On the other hand, it is necessary to increase policy and financial support to guide mining enterprises to go global.