The magazine 'Qiushi' published an important article by General Secretary Xi Jinping, pointing out the need to enhance the domestic resource production guarantee capacity and improve the level of mineral resource development and protection.

Xinhua News AgencyOn May 15, the 10th issue of 'Qiushi' magazine published an important article by General Secretary Xi Jinping.The article titled 'Correctly Understanding and Grasping Major Theoretical and Practical Issues in Our Country's Development' points out the need to correctly understand and grasp the guarantee of primary product supply. First, enhance the domestic resource production guarantee capacity. Increase exploration efforts, implement a new round of breakthrough strategic actions for mineral exploration, and improve the development and protection level of marine resources and mineral resources. Second, leverage the supporting role of state-owned enterprises to accelerate the development and application of advanced extraction technologies for oil and gas resources. Third, strengthen the construction of the national strategic material reserve system. Fourth, optimize overseas resource guarantee capabilities, strengthen energy resource cooperation with relevant countries under the premise of effectively preventing foreign investment risks, and expand overseas high-quality resource rights.In terms of correctly understanding and grasping carbon peak and carbon neutrality, the article points out that first, based on the basic national conditions dominated by coal, we should focus on the clean and efficient use of coal and increase the capacity for new energy consumption. Second, we should vigorously tackle green and low-carbon technology challenges and accelerate the promotion and application of advanced technologies. Third, improve the 'dual control' system for energy consumption and accelerate the formation of an incentive and constraint mechanism for pollution reduction and carbon reduction. Fourth, coordinate the work on 'dual control' and 'dual carbon'. Fifth, deeply promote the energy revolution, promote energy consumption, supply, technology, and system reforms, strengthen international cooperation, and accelerate the construction of a strong energy country.

The National Development and Reform Commission proposed to increase domestic exploration and development efforts for iron ore and accelerate the construction of mineral product bases to enhance domestic resource guarantee capabilities.

On May 17, the spokesperson of the National Development and Reform Commission, Meng Wei, stated at a press conference that the National Development and Reform Commission will adhere to comprehensive measures and precise regulation to ensure the supply and price stability of bulk commodities. First, use coal as the 'anchor' to ensure energy supply and price stability. By improving the coal production, supply, storage, and sales system and strengthening market expectation management, guide coal prices to operate within a reasonable range, stabilizing electricity prices through stable coal prices. Second, ensure the supply and price stability of mineral products. Increase domestic exploration and development efforts for iron ore and accelerate the construction of mineral product bases to enhance domestic resource guarantee capabilities. At the same time, strengthen import and export regulation, resolutely curb the blind development of high energy consumption, high emissions, and low-level projects, and promote the safe supply and basic price stability of important mineral products. Third, continuously strengthen market supervision. Increase the regulatory efforts on the linkage between futures and spot markets, and severely crack down on illegal activities such as fabricating and spreading price increase information, hoarding, and price gouging.

In April, the production of major energy products in China's industrial sector above designated size, including raw coal, crude oil, and natural gas, continued to grow.

National Bureau of StatisticsOn May 16, it was reported that in April, the production of major energy products in China's industrial sector above designated size, including raw coal, crude oil, and natural gas, continued to grow. Compared to March, the growth rate of raw coal production has slightly declined, while crude oil and natural gas production remained stable. First, raw coal production grew rapidly, with imports turning from decline to increase. In April, China produced 360 million tons of raw coal, a year-on-year increase of 10.7%, with the growth rate slowing by 4.1 percentage points compared to the previous month. Coal imports reached 23.55 million tons, a year-on-year increase of 8.4%, compared to a decline of 39.6% last month. Second, crude oil production grew steadily, with imports also turning from decline to increase. In April, China produced 17 million tons of crude oil, a year-on-year increase of 4.0%, with the growth rate accelerating by 0.1 percentage points compared to the previous month. Crude oil imports reached 43.03 million tons, a year-on-year increase of 6.6%, compared to a decline of 14.0% last month.Third, natural gas production remained stable, while imports saw a larger decline.In April, China produced 17.7 billion cubic meters of natural gas, a year-on-year increase of 4.7%, with the growth rate slowing by 1.6 percentage points compared to the previous month, and the average daily production was 590 million cubic meters. Natural gas imports reached 8.09 million tons, a year-on-year decrease of 20.3%, with the decline expanding by 12.5 percentage points compared to the previous month.

Revision of 13 industry standards for non-ferrous metalsProjectApproved for project establishment

China Nonferrous Metals NewsOn May 19, it was reported that the Ministry of Industry and Information Technology issued a notice on the first batch of industry standard formulation and revision projects for 2022, and 13 industry standard projects for non-ferrous metals led by enterprises under the Aluminum Corporation of China were approved for establishment. Among the 13 standards undertaken by the Aluminum Corporation of China, 4 are newly formulated standards, each with a formulation cycle of 24 months; 9 are revised standards, each with a revision cycle of 18 months. In addition to leading the formulation and revision of 13 items, enterprises under the Aluminum Corporation of China will also participate in the formulation and revision of 10 other non-ferrous metal industry standards, including aluminum alloy plates for vehicle bodies, aluminum alloy residual stress testing methods, petroleum coke raw materials for prebaked anodes, and geotechnical engineering investigation standards for red mud storage yards. According to statistics, this batch of industry standards totals 514 items, including 307 newly formulated and 207 revised.

Research on the impact of climate change on energy security will be conducted.

China Government NetworkOn May 19, it was reported that the State Council issued a notice on the 'Outline for High-Quality Development of Meteorology (2022-2035)', with major mining-related content including: first, conducting assessments of the impact of climate change on water security, ecological security, energy security, and research on response measures. Second, strengthening the survey and planning of climate resources, establishing a unified system for the survey, zoning, monitoring, and information release of climate resources such as wind and solar energy, and conducting assessments of the resource potential for wind and photovoltaic power generation, comprehensively evaluating the available wind and photovoltaic power generation resources nationwide. Third, implementing ecological meteorological guarantee projects, strengthening the protection and restoration of important ecosystems, major project construction, ecological protection red line control, and evaluation of ecological civilization construction goals.

The United States and Canada will strengthen cooperation in key minerals and clean energy.

Canada's Department of Natural Resources websiteOn May 18, it was reported that the Canadian Minister of Natural Resources stated during a hearing of the U.S. Senate Energy and Natural Resources Committee that the U.S. and Canada have already engaged in deep cooperation in the energy sector, with 60% of U.S. oil and 93% of electricity imports coming from Canada. In the next phase, the two countries will cooperate in low-carbon energy transition, specifically including: first, in the key minerals sector, from mine development to mineral processing, and then to manufacturing and recycling; second, in clean hydrogen, providing fuel for the transportation, industrial, and household sectors of both countries; third, in the production of renewable energy and the transmission of cross-border clean electricity; fourth, in nuclear technology, including small modular reactors; fifth, in decarbonization solutions, etc. Additionally, it is reported that the U.S. and Canada will expand exports of hydrocarbons to Europe in the near future.to ensure that Europe can quickly reduce its dependence on Russian oil and gas.