Important to boast more reason

Important to boast more reason

---Upon the opening of CHINA MINING 2015

The annual CHINA MINING Congress and Expo dawned upon Tianjin. Nearly three years of waiting accelerated the eagerness for the re-prospering of global mining with mixed anticipation pouring on. It was intriguing that China’ mining industry was about to soar, while it was also worrying that the gloom period of global mining would linger for a while.

Based on the latest Global Mining Review and Prospect, researched by experts of information center of Ministry of Land and Resources, China mining market expressed a signal of re-blooming in that, firstly, China remained world biggest mining market, secondly, production of various minerals experienced slight increase except for cement and sheet glass, and thirdly, small improvements were made in mineral trade. This research signified that, with mineral commodity supplying still more than demand, mining market boasted a new feature for new energy materials represented by Lithium were in growing demand.

But, experts at Development and Research of China Geological Survey warned that “the current situation of global mining will last for another 2 or 3 years until a real recovery occurs.”

The current gloom season of China’s mining might not be so suffering on condition that the current season kept the industry, the government and the society more sober and reasonable, which would facilitate the transforming of China’s mining from a big industry to a powerful industry.

China’s mining industry has experienced two times of up-and-down period. Great support as the mining industry offered to national economy during the two rising period, the unreasonable soaring in these two period still required deep thought.

The time of 1980s witnessed the prosperity of China’s mining industry with state owned enterprises, collective owned enterprises and private enterprises flooding into the industry, resulting in more three hundred thousand of mines. The environment was devastatingly damaged. The turmoil condition severely hindered the development of China’s mining industry.

At the mid of first 10 years of 21st century after the gloom period of mining industry, China’s mining industry entered its second peak season with the promotion of industrialization and urbanization. Capital of various resources poured on the running for mines through different channels and platform, which increased the mining industry speculation. Within the territorial land of the Government of Xinjiang Uygur Autonomous Region of China, some merchants even carried lots of cash to find new mineral mountains. Generally, capital investment would do good to the mining industry, yet those capital were for mining speculation. Some investors gained the rights of mining at extremely low prices while resold the rights at much higher prices, usually 10 to 100 times of the original prices.

Taking lessons from the two times of up-and-down of China’s mining industry, we could conclude that recent three years of gloom season seemed to be an reduce of these years’ mining industry speculation. If we can draw lessons from the past and be more reasonable, we would boast a bright prospect for China’s mining industry.

It was of great urgency for the government to lead the mining industry onto a right track. For example, even though several reserves to protect the environment were set by the government, these reserves also need overall plan and arrangements by the government.

The general public shall boast a new prospective to treat the mining developing. In terms of the relationship between mining developing and environment protection, most of people still regard this as an zero-sum game, considering that protecting environment goes against mining development. Actually, with the recent years’ green mining construction by Ministry of National Land and Resources, there were cropping up many win-win casts of environment-protecting and mine-developing, some of which even became into tourist sites.

For mining industry, reason seems more important. Besides realizing the periodic fluctuation of mining industry, we shall put our industry at the overall atmosphere of the society and conduct reasonable consideration. The journalist estimated that the last round of bloom in China’s mining industry was all gone. Even if there are up-and-downs in mining industry, it is impossible to return to the low level of the past. So, if we want to be prosperous in mining industry, we shall strengthen ourselves in terms of management and technologies so as to improve our capacity. Facing global market, we shall follow the heel of economic globalization, actively readjust the developing strategies and courageously take part in global mining cooperation. In society term, we shall should the responsibility of society and devote to protecting environment and building communities.

Reason ensures the harmony of society.

Reason enables the mining industry to be blessed with a better future. (Yu Fude)

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 2015 will be held at Meijiang Convention and Exhibition Center in Tianjin on October 20th-23rd, 2015. We invite you to join the event and to celebrate the 17th anniversary of CHINA MINING with us.  For more information about CHINA MINING 2015, please visit: www.chinaminingtj.org.