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2023 Mining Industry Status and Market Development Trend Analysis

2023 Mining Industry Status and Market Development Trend Analysis

2023.05.08

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What is the status quo of the mining industry and what is the prospect of the mining industry? At present, the overall development of my country's mining industry presents an unfavorable situation of small scale, scattered distribution of enterprises, low technical level, and backward mining equipment, and the industry's short board effect is more obvious. Especially in mining equipment, because it is directly related to the country's development and utilization of mineral resources, its advanced nature and lack of modernization have restricted the normal development of my country's mining industry and industry to a certain extent. Affected by the late start and slow development, the level of my country's mining equipment manufacturing industry has long lagged behind that of developed countries. This has led to insufficient function and quality of domestic equipment, low market recognition, and long-term dependence on foreign imports for domestic applications.

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In the future, the consumption of iron ore will still be huge, and the supply and demand of iron ore will improve, but the growth rate of consumption will gradually slow down. The countries along the “Belt and Road” represented by India, Indonesia, and South Africa are entering the stage of rapid industrialization. Although the consumption of crude steel is limited at present, the future industrialization process will release the consumption potential. Around 2030, it will account for about 40% of the world’s crude steel consumption. %, the consumption of iron ore also increased rapidly accordingly.
In the past three years, the professional service industry for the comprehensive utilization of mineral resources in my country has focused on the transformation from simple and extensive to refined and high-quality development. In the future, we will continue to focus on safety, efficiency, green, low-carbon and intelligence, reflected in the following three development trends:
Green and low-carbon sustainable development model. "Green and low-carbon" is to take the resources and environment of the mining area as a whole, while fully recovering and effectively utilizing mineral resources, coordinate the development, utilization and protection of various resources such as land, water, and forests in the mining area, and realize resources, economy, and The development process of the unified and coordinated development of the environment. This is an important model for the mining industry to maintain long-term sustainable high-quality development.
At present, my country's shallow mineral resources with relatively high quality and good storage conditions are gradually exhausted, and the development and utilization of mineral resources is in the stage of "from shallow to deep, from easy to difficult". The potential of deep resources is huge, and the development and utilization of deep resources is inevitable for the development of the mining industry.

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On the basis of mine digitalization, using systems engineering theory, Internet of Things, big data, automatic control, artificial intelligence and other technologies to digitize mining environment, intelligentize mining equipment, remote control production process, network information transmission, management information, A mine characterized by intelligent decision-making and the realization of economic, safety and environmental protection goals in the whole process of comprehensive utilization of mineral resources is called a "smart mine".
Mineral resources refer to aggregates of minerals, rocks or useful elements that are buried underground or exposed on the surface, have development and utilization value and potential economic value through geological mineralization, and have industrial utilization value. Mineral products are derived from underground mineral resources and have multiple uses: they can be used as industrial raw materials, smelted and processed into various products; they can be used as energy raw materials to provide power; they can be used as natural building materials and directly used in construction; some precious metals and gems It can be processed into high-end accessories and so on. Different from other products, mineral products are primary products, and their raw materials come from underground mineral resources. Before the production of mineral products, it is necessary to conduct geological surveys, general surveys and explorations of possible ore-forming areas. After general surveys, detailed surveys and After the intensive survey, the mine design and the production of mineral products can be carried out. During the production process of mineral products, it will be accompanied by the destruction of underground water system, overlying rock strata, surface land and its vegetation, and the waste gas, waste residue and waste water produced will also pollute the atmosphere, land and surface water environment.
Mineral resources are important natural resources, including energy minerals and non-energy minerals, and are an important material basis for the development of social production. People's production and life in modern society cannot do without mineral resources. Mineral resources are non-renewable resources, and their reserves are limited. The level of human development and utilization of mineral resources can be used as an important measure of the development level of human society. At present, there are more than 1,600 kinds of minerals known in the world, of which more than 80 kinds are widely used.
Relying on strong resource advantages, my country has a large number of high-quality mineral resources, and has developed and extended a series of mineral industry chains. However, minerals are not inexhaustible, especially non-renewable resources such as rare earths, coal, and fluorite minerals. Once developed and used, regeneration is particularly slow. In order to realize and promote the high-quality development of the mining industry, it is necessary to seek progress while maintaining stability. Stability is the main tone, and stability is the overall situation. On the premise of stability, we must make progress in key areas.

2023 Mining Industry Status and Market Development Trend Analysis
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