On August 22, the National Development and Reform Commission (NDRC) announced that in order to accelerate the demonstration application and promotion of advanced applicable technologies for green and low-carbon development, and to forge new industrial competitive advantages, the NDRC, along with the Ministry of Science and Technology, the Ministry of Industry and Information Technology, the Ministry of Finance, the Ministry of Natural Resources, and other ten ministries, jointly issued the "Implementation Plan for Demonstration Projects of Advanced Green and Low-Carbon Technologies." The plan emphasizes focusing on energy, industry, construction, and transportation sectors, and aims to establish a number of demonstration projects, promoting advanced applicable technologies for carbon reduction at the source, during the process, and for carbon fixation at the end of the chain. Additionally, the plan specifies the utilization of shallow/mid-deep geothermal energy for heating/cooling and comprehensive utilization, as well as large-capacity...

The Central Economic Work Conference was held in Beijing from December 15 to 16. General Secretary of the Communist Party of China, President, and Chairman of the Central Military Commission Xi Jinping attended the meeting and delivered an important speech. Li Keqiang, Li Qiang, Zhao Leji, Wang Huning, Han Zheng, Cai Qi, Ding Xuexiang, and Li Xi also attended the meeting.

The "Joint Statement" shows that both sides unanimously agree to continue to actively transform the good political relations between China and Mongolia into cooperative momentum. They will make good use of the advantages of geographical proximity and economic complementarity between the two countries, focusing on promoting and expanding mutually beneficial cooperation to genuinely benefit both countries and their peoples. Both sides will focus on post-pandemic economic recovery, leveraging the three major engines of aligning the Belt and Road Initiative with Mongolia's "Road to the Steppe" development strategy, the Global Development Initiative with Mongolia's "New Renaissance Policy," and China's "Two-Step" development strategy goals with Mongolia's "Vision 2050" long-term development policy, to expand trade, investment, finance, mineral energy, infrastructure, digital economy, and green development.

On November 6, at the National Exhibition and Convention Center in Shanghai, the International Mineral Resources Summit Forum hosted by China Mineral Resources Group was held as scheduled. This is the first summit forum since the China International Import Expo focusing on the theme of ensuring the security of mineral resource supply. During the forum, a strategic cooperation signing ceremony was also held between China Mineral Resources Group and the three major iron ore companies: BHP, Rio Tinto, and Vale.

Due to the decline in copper prices and a decrease in the output of some copper mines, the world's largest copper producer, Codelco, has released a less-than-ideal performance report. In the first three quarters of this year, Codelco's copper production was 1.06 million tons, a 10% decrease compared to the same period last year, and pre-tax profit fell to 2.606 billion USD, a staggering drop of 50.4% year-on-year.

On the evening of October 12, Zijin Mining announced that it will acquire a 30% stake in Shandong Ruibin Mining through a transfer agreement, investing 3.9845 billion yuan, thus becoming the second largest shareholder of the largest single gold mine in China - the Laizhou offshore gold mine in Shandong.

Recently, according to relevant media reports, the Liaoning Provincial Department of Natural Resources has fully ensured the safety of mineral resources by coordinating with the people's governments of various cities and counties, as well as relevant departments. They have implemented a mechanism of accepting applications with deficiencies, parallel reviews, and coordinated processing, issuing mining licenses for the two large-scale newly constructed iron mines in Xian Mountain and Chentai Gully in the shortest possible time.

Recently, the price of battery-grade lithium carbonate has returned to a high of 500,000 yuan per ton. According to Baichuan Yingfu data, as of September 15, the average market price for domestic battery-grade lithium carbonate reached 510,000 yuan per ton, with mainstream transaction prices around 510,000 to 520,000 yuan, and there have already been quotes of 530,000 yuan per ton.