Only “Bringing in” could make “going out” better
---Prospects of CHINA MINING 2013
Source: www.mlr.gov.cn Citation: www.chinamining.com.cn Date: May 6, 2013
2012 is not a good year for global economy. Europeans are still trapped in the debt crisis. In America, the influence of the subprime crisis hasn’t gone far away, “finance cliff” is followed subsequently. 2013 is still a year of opportunity and challenge coexisting. There are still many uncertain elements of economic development, especially international environment are still full of variation, which not only test China economy but also China’s mining.
Besides, although it is possible that those uncertain elements in the world will be extending, enterprises of global mining and mental businesses are all showing positive judgment for economy development and trend of taking big step.
Find opportunity in market downturn
In the past year of 2012, influenced by the drop of commodities price and uncertainty of global economy, the whole need of global mining market shrank. Current mining development faces not only the challenge of technology, cost and regular change but also the stress of existing and developing at the background of economic recession. Low tide period is the stage of survival of the fittest. The integration and restructure within the business will bring the opportunity and challenge for mining business. Some people think that the advantages of China’s mining enterprises will more highlight in sluggish market, so China’s mining enterprises should assess the situation and then take action boldly to get more power in the international mineral market.
Rod Thomas, the vice president of PDAC said on the 81st PDAC that although the development of global mining is slower than before, the basic needs in the market are still strong, which is good for the mining prospect. “China’s economy is still growing, may be a little slower than before, but America’s economy is becoming better slowly, so there is no big change on the whole” he said, “In a word, I think the situation of mining business is still relatively positive”.
Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and the premier of the State Council, said in the Letter of congratulation which was sent when he was vice premier of the State Council to CHINA MINING 2012 that mining exploration is the forerunner of economy development and economy development is the driver of mining prosperity. Currently, world economy recovery is difficult. Industrial restructuring and new technology revolution is progressing. Mining development faces challenge but also exists opportunity. International mining circle should base on the long-term, join hands together, open up and cooperation, benefit mutually on demand and supply, maintain the demand and supply of major minerals and the market steady and accelerate global economy to develop steadily by the healthy mining development.
At present, stimulated by the industry professionals’ increasing confidence to mining market and world’s growing needs to basic mineral resources, global mining is recovering and the prospects of mining market is positive. However, if the supply of resources couldn’t meet the needs, especially the needs of emerging market, mining market will face new challenge. Experts of mining are very confident to emerging country, especially the growth of China’s economy. According to the data from China`s Ministry of Commerce, China’s direct oversea investment has ranked the fifth in the world since 2010. The investments are mainly on mining, energy, finance and manufacture. China government encourages state-owned and private enterprises to “go out” to invest oversea mining resources.
In 2012, China’s mining showed the characters like investments kept growing, new results were achieved in mineral exploration, productions of mines were growing steady and the import of minerals kept increasing etc. However, China, as the biggest developing country, its contradiction between economy development and resources environment is still prominent. Chinese government will strongly boost the construction of ecological civilization, stick to the basic policy of saving resources and protecting environment, stick to explore the potential of domestic resources and improve comprehensive support capacity. Under the background of global economy graduate recovery, China will stick to the development strategy of opening up and Chinese government will carry out strategic action of prospecting breakthrough in full scale, develop green mining, strengthen management and service of geology and mineral resources, extend mining resources cooperation with foreign countries continuously and promote reasonable development of economic society.
CHINA MINING builds the cooperation bridge
Hosted by the Ministry of Land & Resources, Tianjin Municipal People’s Government and China Mining Association, the 15th CHINA MINING Congress and Expo 2013 will be held at Tianjin Meijiang Convention and Exhibition Center. CHINA MINING 2013 has caused great influence in home and abroad and will build bridge of cooperation between China and foreign countries. Many countries with rich mining resources have expressed the intention of organizing delegations to attend CHINA MINING 2013.
As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.
Since first held in 1999, the scale and influence of CHINA MINING have increasingly extended. In CHINA MINING 2012, there were more than 60000 participants from 57 countries and regions, 429 exhibitors from home and abroad. In the project-matching signing ceremony, there were 89 projects from 30 countries matched successfully and the amount of signing reached 13.227 billion. It is said that the signing amount of CHINA MINING is growing at an average rate of 50%.
The coverage of countries and regions that attended CHINA MINING 2012 is wider, and most of the countries were mining giants or with rich mining resources. Except the regular delegations from Canada, Australia, South Africa and Chile, Russia, Brazil and other BRICS, Sweden, Poland, Greenland and other Northeast countries or regions, Kazakhstan and other Central Asia countries, Papua New Guinea and other South Pacific countries also sent senior delegations to attend CHINA MINING 2012. Domestic and oversea participants were more extensive. There were not only representatives of international organization and transnational countries but also executives from domestic and oversea financial investment countries, large private enterprises and executives of associations. Ministers or Deputy Ministers from tens of countries also attended, which could be seen that the rank of officials were higher than before. More famous transnational companies attended CHINA MINING 2012 like BHP, Royal Dutch Shell, Anglo American, ALCOA, CODELCO, Swedish raw materials company, Eldorado Gold Corporation and Brazil’s Petrobras etc. According to the statistics, there were more than 80 foreign mining companies attended CHINA MINING 2012.
CHINA MINING 2013 still consists of 3 parts---conferences, exhibition and coherent events, whose themes are investment, cooperation and trade. Mining officials from home and abroad, industry leaders, experts and scholars etc. will be speaking in the conferences and having further discussion on mining policy and practice, mining development, mining and capital market, investment opportunity at home and abroad, mining and sustainable development, minerals, geological exploration and mining technology and equipment etc.
CHINA MINING 2013 Expo will have more display of achievements of mines exploration, new technology and equipments of mineral resources development, large and small mines machines, sophisticated instruments, samples of cores and minerals of important projects; will highlight mining rights exhibition area. Standard booth will be expected to more than 1400, exhibition area will exceed 26000 square meters. Except general mining area composed by standard booths, there will be mining country area, special construction area and international mines equipment area.
China government believes that the imbalance of mineral resources distribution decides that no countries could rely on themselves to meet the need of development, so strengthen international cooperation is the necessary option. CHINA MINING builds a bridge of communication, explores the road of sustainable development of China’s Mining and tries to be the annual gala which consists of conference, exhibition and featured events and the platform of conversation, communication and cooperation for mining industry
Mining Giants expect to meet in Tianjin Again
As the brand of foreign cooperation with China’s mining, CHINA MINING which is hosted by the Ministry of Land and Resources has become the important platform of getting technology information, exchanging development experience and promoting commercial cooperation for global mining industry after more than 10 years of developing.
It is said that CHINA MINING 2013 will hold Country investment activities of Australia, Canada, South Africa, Russia, Argentina, Peru, Greenland, Africa and Asia etc. and continuously hold Mining Regulatory Workshop of important mining countries like Australia.
These countries expressed great enthusiasm for Chinese investors, which is closely related to previous friendly cooperation. Canada, Australia and South Africa will organize large delegation to attend; the number of booth of country delegation will be more than 100. Meanwhile, Canada, Mongolia, Chili, Cambodia, Greenland, Ecuador and Sweden also expressed the intention of organizing delegation to attend CHINA MINING 2013. At the time of holding CHINA MINING 2013, there will be more mining professionals from home and abroad to attend exhibition and conference. They will seek cooperation opportunities of expanding business by the aid of CHINA MINING.
“Attending China Mining in the beautiful city Tianjin has become mining giants’ most expected event” Anil Arora , the deputy minister of Natural Resources of Canada said in CHINA MINING 2012. He also said that China Mining let all the global excellent mining experts and companies join together and provided a precious and important communication and cooperation platform. Sino-Canada has a long history of mining cooperation and has extensive cooperation in mining safety, green mining and mineral exploration. He hoped mining companies of Canada and China could have further communication and cooperation and realize mutual benefits and win-win results through his effort.
In the situation that China is becoming the increasingly important country of mining investment, investment destination, resources consumption and resources production, China’ mining is not just the important foundation of China economy development but also has become the important part of global mining resources consumption and demand. From the window of CHINA MINING, people could see the tomorrow of China’s mining’ continuous development and prosperity. (translated by TLRHVC).
About CHINA MINING
Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Congress and Expo has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.
CHINA MINING Congress and Expo 2013 will be held at Meijiang Convention and Exhibition Center in Tianjin on November 2-5, 2013. We invite you to join the event and to celebrate the 15th anniversary of CHINA MINING with us. For more information about CHINA MINING 2013, please visit: m.balanzskin.com.
