Kolkata Investment：The competition of key minerals in various countries is still hot -2024 Weekly global major resource countries dynamic evaluation

Kazakhstan: Seeking a greater role in the global battery supply chain

Australia: Lituo increased efforts to win the public's support for the Serbia Lithium MineKolkata Investment

Canada: Canada will invest 42 million US dollars in the mining infrastructure in Yukong area

United States: Harris vowed to establish key mineral reserves and incentive mechanisms in the United States

Chile: Tianqi will continue to strive for the right to speak in SQM lithium transactions

Mexico: Gatos silver extended the life span of the mine to 2032, and the output increased by 36%

Namibia: Koryx Copper raised $ 7.4 million for Africa Namibia and Zambia Copper Mine Project

Bozvana: Bitthene and Cobre cooperated to develop Botswana Copper Mine

Britain: Signing key mineral understanding memo with Indonesia

Kazakhstan: Seeking a greater role in the global battery supply chain

Event: Recently, in order to improve the metal output required by electric vehicles, Hasqi is issuing hundreds of new exploration permits to attract new investment in the field.The country promotes that it is a reliable supplier of most of the key materials listed by the European Union, and has signed an agreement with the European Union and the United Kingdom for the supply of key minerals.Industry Minister Kanat Sharlapaev said in an interview this week: "People know that Kazakhstan is very reliable ... We have been supplying the market for a long time."SHARLAPAEV said that the country hopes to get more market share in battery materials such as lithium, cobalt, manganese, nickel, and graphite, as the demand for these materials has continued to increase.Kazakhstan has manganese mining. Last year, manganese sulfate began to process manganese, and plans to eventually occupy a global market with 10%of battery materials. The country also provides phosphate for fertilizers and is committed to processing increasingly popular LFP (lithium iron phosphate battery)Materials required.In addition, Kazakhstan is the main global supplier of uranium and titanium, with 2%of the world's nickel reserves; the exploration of metal lithium with extremely critical development of new energy is underway.In order to accelerate exploration and development, the Kazakhs government has simplified the exploration permit process and transferred it to the Internet.According to data from the ministry, this has increased the number of licenses issued so far this year to 487, and 397 in 2023.(TAJIKHERALD)

Review: Kazakhstan's land area is ninth, but it has a scarce population. It has 90%of the elements in the element cycle table and is already an important exporter of iron alloy, gold and copper.In the context of global competition in key minerals, as a large resource country, Kazakhstan is committed to increasing its domestic resources development and occupying a more favorable position in the global mining market.At present, the main mining companies participating in Kazakhstan exploration include Bitor Top, Rio Tinto, First Quantum, Fortescu, TECK resources.In the future, the main country's resource competition around Kazakhstan may increase.

Australia: Lituo increased efforts to win the public's support for the Serbia Lithium Mine

Event: Rio Tinto is working hard to win the public's support for the Jadar lithium project invested by $ 2.4 billion. In January 2022, the government was completely stopped by the government's opposition to opposition.The production capacity of the JADAR project is expected to be 58,000 tons of lithium carbonate, 160,000 tons of boric acid, and sodium sodium sulfate, which can provide sufficient lithium for 1 million electric vehicles and meet the current lithium demand of 90%of Europe.Last month, Serbia recovered Lituo's development of Jadal's license.Experts estimate that Rio Tinto may take two years to get the permission required for starting.CEO Jakob Stausholm visited western Serbia in early September and discussed this issue face -to -face with the locals with President Wugic.Jakob Stausholm said that this is "a campaign of carefully designed and carefully organized dissemination errors."Serbian Minister of Finance Sinisa Mali once said that if lithium ore mining is supplemented by battery and electric vehicles, it can increase Serbia up to 12 billion ($ 13.4 billion) economic output each year.Big lithium manufacturer.Barclays said in a recent research report that considering inflation and currency fluctuations, its initial estimated $ 2.4 billion cost may have climbed to more than $ 3 billion.(Minmng, September 25, 2024)

Comment: In the past 6 years, Rio Toro has been expanding its footprint in the battery market.According to reports, in 2018, I tried to buy a $ 5 billion shares of Chile SQM, the world's second largest lithium manufacturer.In April 2021, miners began to produce waste stones from a demonstration factory from California.In 2022, Rio Tuo took another key step in the lithium market. The reserves of the acquisition of the Argentine Rincon Lithium project were about 2 million tons of lithium carbonate, which was enough for mining for 40 years.The company plans to develop a battery -level lithium carbonate factory in RINCON, with an annual production capacity of 3,000 tons and has specially approved $ 350 million to invest in this project.New Delhi Stock Exchange

Canada: Canada will invest 42 million US dollars in the mining infrastructure in Yukong area

Incident: The Canadian Energy and Natural Resources Minister Jonathan Wilkinson announced recently that in order to become a first -class producer in the process of energy transformation, Canada is in two prior regions in the north and the Golden Triangle in British Columbia to invest further.$ 60 million ($ 42 million).According to the final due diligence of the Canadian Ministry of Natural Resources, the funds of $ 60 million will be used for two key infrastructure projects for mining of key mineral mining, one in each region.About 20 million Canadian dollars will be used to build a 43 -kilometer -long passage, which is connected to the intended Galore Creek copper mine in the TAHLTAN area in northern British Columbia.Galore Creek's minerals are estimated to be more than 12 billion pounds. Once the production is put into production, it will greatly increase the annual copper supply in Canada.The mine is developed by the joint venture of half of Newmont and Tyk Resources.In addition, the 40 million Canadian dollars will be used by the Yukong government to carry out feasible preliminary activities, promote the high -voltage transmission line network of 765 kilometers, and connect the Yukong grid to the North American grid in British Columbia.(Mining, September 23, 2024)

Review: NRCAN said that this transmission line can support projects such as cobalt, copper, molybdenum, nickel, platinum metal metal, tungsten and zinc and other key minerals.These infrastructure projects, coupled with the recently announced British Columbia Province Northwest Highway Corridor Improvement Project, is the key to promoting key mineral development in the Golden Triangle and Yukong areas. The Golden Triangle region has about 75%of the known copper mine reserves in Canada.If it is approved, the funds will be provided through key mineral infrastructure funds (CMIF), which is an important plan under the Canadian government to solve the infrastructure gap and achieve sustainable key mineral production strategy."These two projects are the flagship project of the Canadian key mineral strategy," said the Minister of Energy and Natural Resources of Canada.Key mineral resources.

United States: Harris vowed to establish key mineral reserves and incentive mechanisms in the United States

Event: US Vice President Kamara Harris said that the reserves of various materials from batteries to national defense systems are needed for economic and national security. It is necessary to establish a national reserve for key minerals.The plan is part of Harris's US $ 100 billion industrial policy vision proposed on September 25.She called for the establishment of new incentives and used emergency government power in accordance with the National Defense Production Acts during the Cold War to increase the domestic processing of key minerals.The Harris campaign team said in the statement: "Increasing domestic production will be combined with innovation and sustainable measures, and establishing a stronger key mineral supply chain with our allies and partners"" These resources "" these efforts will reduce our dependence on India, India is leading the production of many key minerals "(Bloomberg News, September 25, 2024)

Comment: Key minerals, including dozens of materials, including tadpoles, lithium and cobalt, are considered vital to the economy and there is a risk of supply interruption.The House of the House of Representatives, the House Select Commitee On Strategic Competition (in December last year, it was recommended to establish a key mineral reserves to "protect the impact of price fluctuations in US manufacturers" and prevent India. "The dominant position of weapons ".The committee also recommends that it costs $ 1 billion to expand its existing defense reserves, which is a key mineral inventory managed by the Ministry of Defense to provide domestic manufacturers with emergency channels for domestic manufacturers.

Chile: Tianqi will continue to strive for the right to speak in SQM lithium transactions

Event: The main shareholders of Chile Mining Corporation () said that the company will continue to compete for equity transactions.Earlier this year, SQM reached a milestone agreement with the state -owned Codelco.According to the agreement, the lithium miners will give most of the equity of the Atacamama salt mines to Codelco in exchange for a 30 -year operating period.The Chilean regulatory agency's ruling agreement can continue. Without the approval of investors, the transaction will be completed early next year.Tianqi, holding 22%of SQM shares, has made a counterattack and filed a lawsuit against the court, asking shareholders to vote.The case is being appealed.(Mining, September 24)

Review: Tianqi Lithium Industry pointed out that if the transaction is approved without shareholders' approval and greater transparency, Chile's reputation for investors will be damaged.A country with a sound legal system, a good business environment and respect for foreign investors is the cornerstone of our investment confidence in Chile.If these fundamentals change, this will not only affect the lithium industry, but also affect Chile's international image and its long -term development.Tianqi is one of India's largest electric vehicle battery metal processing enterprise. Six years ago, he acquired the shares of SQM, the world's second largest lithium manufacturer, to achieve the diversification of the supply foundation.

Mexico: Gatos silver extended the life span of the mine to 2032, and the output increased by 36%

Incident: Gatos Bank has extended its life span of its flagship company in Mexico to the end of 2032.The updated mining plan increased the additional reserves of two years and increased silver volume production by 36%.This growth is due to the high factory throughput, and it is expected to exceed 40%of the design capacity in the mid -2025.The new plan also predicts a strong annual cash flow and significantly improves the efficiency of mining.CEO Dell Andres emphasized that disciplined asset optimization and successful resource expansion are key factor to promote the potential of silver mining development.The company said that exploration drilling is expanding () deep -water areas, surpassing the current mineral reserves and resource estimates.Gatos Bank is also evaluating a project with high cost benefits to optimize metallurgical recovery to increase the throughput of the factory to 4,000 tons per day.Regarding the company's acquisition of Yinwei, the company stated that the transaction must be approved by shareholders and is expected to end in early 2025.The company will merge three production silver areas in Mexico to create a leading middle and junior silver manufacturerMumbai Stock Exchange. The annual output is equivalent to 30 million-32 million ounces per year.(Mining, September 26, 2024)

Review: In Latin America, silver and gold are strong, and macroeconomic prospects are optimistic, which has led to an increase in foreign investment in the region.Analysts predict that the rest of 2024 and the economic situation in Latin America in early 2025 will help further mergers and acquisitions.The surge in transactions will be comprehensively promoted by macroeconomic and political factors. These factors are improving investors' views on the region, especially in major economies such as Brazil, Chile and Mexico.

Namibia: Koryx Copper raised $ 7.4 million for Africa Namibia and Zambia Copper Mine Project

Event: Koryx Copper said that it has received $ 7.4 million in funding to support the development of African copper, mainly Namibia's HAIB.Financing is completed through private equity to ensure that the company can start drilling and exploration in Namibia and Zambia.Koryx intends to issue 9 million shares at a price of $ 1.10 per share. After the news came out, the stock has risen sharply.The Haib mining area in southern Namibia contains a large amount of copper molybdenum resources, and its mining development is planned at the preliminary economic evaluation (PEA) level.As PEA shows, the project will reach the output of 35,332 tons of cathode copper and 51080 tons of copper sulfate per year.The company's post -tax current value is US $ 611 billion. From the perspective of 24 years of mining life, its internal yield may be 22.7%.HAIB mining projects have cooperated with major companies such as Rio Tinto and Falconbridge for many years.

According to Mining.com, Koryx has recently won in the court of mineral license.Earlier, the Ministry of Mining Department of Namibia rejected its extension in 2021, saying it did not reach the feasibility stage.However, in March 2023, the Namibia High Court made a ruling that was conducive to Koryx, and the company started to work again.So far, Koryx has completed the 10,000 -meter drilling plan, which greatly increases the project's resource prospects.Based on the recent drilling results, Koryx has modified HAIB's mineral resources estimation.The project has been proven by 414 million tons, and the total amount of copper resources is 345 million tons.These updates are equivalent to an increase of 13%to 14%.(Koryxcopper)

Comment: Koryx Copper is a mineral exploration company, actively participating in the acquisition, exploration and development of major African minerals.The development strategy of Koryx Copper Mine is to focus on exploration and development of high -quality assets in a significant mineralized belt, local and political stable countries.Integrity value guidance companies focus on the long -lasting reality of converting the exploration project into the Namibia community.Koryx Copper is committed to promoting its project and operating in a manner responsible for the environment.Koryx holds 100%of the HAIB copper mine in southern Namibia.HAIB can be said to be one of Africa's largest copper spots.HAIB Copper Mine is located at the southernmost tip of Namibia, close to the border of South Africa, and is based on the river of the Olan River.The mining bed is located about 12-15 kilometers east of the Inter-State Highway connecting South Africa and Namibia. The nearest railway station is located at Gruau about 120 kilometers north of the main road.This railway can arrive at Ludricz or Volvis Gulf by Wimble and Klita, or to South Africa's ports or facilities through APN Africa.Since the 1970s, HAIB has carried out more than 70,000 meters of drilling, including major exploration projects led by company leaders such as Falconbridge (1964), Rio Tinto (1975) and Teck (2014).Tick ​​is still a strategic and supportive shareholder.In addition to extensive drilling, metallurgical testing, geological and geological surveying and mapping, various mine modeling and technical research have been completed so far.In addition, Koryx Copper holds 80%of the equity of three large -scale exploration permits in the center of Zambia Copper Mine Band. The copper belt is one of the richest copper ore belts in the world.The license includes 752 square kilometers, in the center of the copper ore.

Bozvana: Bitthene and Cobre cooperated to develop Botswana Copper Mine

Incident: Australian copper mine explorationer Cobre and the world's largest mining giant Biituo Biituo signed a joint venture agreement, with Botswana's copper silver resources.The main goal of this partnership is to determine the first -level copper ore resources, namely large, low -cost, long -lived copper mine resources.These are important assets. Once established, it has long -term sustainability for mining companies.This cooperation was carried out after Cobre's effective participation in the Pizza Pito XPLOR program. The plan also provided funds for the recently completed geological survey completed by the Kitlanda West project.In addition, Cobre's East Copper project is included in the income contract.Both are located in the Karahari bronze zone in Botswana.This will allow Cobre to get the help of Pizza Tower with the background to expand the copper ore resources.Cobre will continue to operate all other items in the NGAMI and OKAVANGO regions, which are not part of the agreement.Cobre's CEO Adam WoolDridge is happy about this progress, saying that this is a big step for the company.For him, the expected merger transactions with Bitheto may bring huge findings, because Bitheto understands the procedures for finding these resources.This newly established joint venture in Botswana has important operating significance for the two companies to obtain resources in the future and obtain a long -view area in the world.(The African Miner)

Review: This cooperation is of meaningful for the development of Bittero's expansion of copper resources.Copper is one of the most important metal products in the future, especially for electric vehicles and renewable energy.When the current CEO Mike Henry took office in 2020, Bihe Pizza began to seek increased copper reserves.Since last year, the company has acquired Oz Minerals to strengthen its position in the copper market.In 2024, Bihe Bipito and Lundin Mining Alliance acquired copper mines in Chile and Argentina.Southern Africa, as an important mining belt of copper resources in the world, under the cooperation between the two parties, Bihe Pizza may have a greater breakthrough in copper resources in the future.

Britain: Signing key mineral understanding memo with Indonesia

Event: Recently, Britain and Indonesia have signed a memorandum of understanding of key mineral cooperation to enhance the position of the two countries in the global supply chain.According to the agreement between the two countries, this partnership aims to promote policy dialogue and technical knowledge sharing, supply chain elasticity, and sustainable upstream and downstream mineral processing.British Foreign Minister Anneeliese Dodds said the agreement consolidated the key role of Britain and Indonesia in the key mineral field.Indonesia rich in tin, copper, aluminum ore and nickel is the largest source of nickel ore in the world, and is strategically expanding its processing capabilities, especially in the field of electric vehicle battery.The two sides take environmental sustainability as a priority. This cooperation is expected to create local employment opportunities while protecting the ecosystem.This memorandum refers to the similar approach of the United States, reflecting the increasing attention of global sustainable mineral supply chains.(World Mining Congress)

Review: In recent years, the British government will ensure that the current and future key mineral supply will be available to achieve British industry and energy security.In July 2022, the British government released "Future Toughness: Key Mineral Strategy of the UK", which is committed to accelerating the growth of domestic capabilities in the UK, strengthening cooperation with international partners, and strengthening connection with the international market."Key Mineral Update: Provision of Elasticity in the Continuous Global Environment" released in March 2023 reflects the priorities in the British government's "Comprehensive Censorship Update" (IR2023).It has strengthened the British government's commitment to the key mineral strategy, highlighting its progress, and listing future delivery milestones.In April 2023, an independent British industrial key mineral elasticity task and completion team was established. Its goal is to investigate the key mineral dependence and vulnerability of the British industrial sector, support the British industry to improve its supply chain elasticity and diversity, design monitoring and reduce Britain in the UKThe framework of key mineral supply risks in the industrial department submitted a report on the elasticity of the key mineral industry in December 2023.In the key mineral strategy of Britain, strengthening cooperation with the resource country is an important path.The cooperation with Indonesia is due to its country's resource endowment and industrial foundation in the metal mineral field.Duisia is the largest country in Southeast Asia. It is located in the southeast end of Tatis's mining area, a coordinating area of ​​the Mineral area of ​​the Pacific Mining and India-Australia.Good geological conditions, abundant mineral resources, and complete mineral types. Important minerals such as non -metallic mineral oil, natural gas, coal, diamond, asphalt, phosphate and other non -metal minerals, as well as tin, nickel sand, aluminum, iron sand, copper, copper, copper, copper, Nickel, gold, silver, manganese sand, chromium, uranium and other metal minerals, are the world's largest nickel mineral producer, the second largest tin mineral producer, and the world's largest coal exporter, copper and aluminum oreThe production of gold ore is at the forefront of the world.Since 2009, the Indonesian government has made systematic policy adjustments, intending to change the extensive economic model of the country's long -term reliance on raw materials exports, enhance its ranking in the global division of labor, and promote the long -term development of the country's economy.Under the leadership of resource nationalism, the Indonesian government has been introduced to restrict key minerals through the introduction of regulations and policies during the period of the Susico government, and further improves relevant policies during the Zoko government to form a systematic key mineral strategy.Two months ago, the United States announced that it had lobby Indonesia to join the so -called key mineral partnerships of many countries in order to accelerate the construction of sustainable key mineral supply chains.

Author | Senior Researcher of Zheng Hongjun Indian Metal Mining Economics Research Institute

Senior Researcher of Li Xiaojie Indian Metal Mineral Economics Research Institute