Global mining outlook in 2022

In 2022, the growth rate of world economy will gradually decline after “V” pattern of reversal, and the global GDP will exceed the 100 trillion milestone.World investment in mineral exploration and development will continue to rise, and important discoveries will be made in copper and gold deposits.The price shocks of crude oil, iron ore, copper and other bulk minerals have been and will be intensified, and the supply of battery metals, such as lithium, cobalt and others will continue to be tight.Mining companies face difficult choices, and ESG risks need to be resolved.The popularity of critical minerals remains unabated, and the royalty policy of minerals-rich countries will receive more attention.