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  • The impact of the Iran war on the mining industry

    1. Disruption of Iran’s Domestic Production Steel & Iron Ore: As a top-10 global steel producer, Iran’s output has effectively ceased due to strikes on industrial hubs, tightening supply for Middle Eastern and South Asian markets. Base Metals (Copper & Zinc): Iran holds world-class re...
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  • The impact of the Iran war on shipping

    1. Vital Chokepoint: The Functional Closure of the Strait of Hormuz While Iran has not officially declared a total blockade, the surge in security risks has rendered the strait semi-paralyzed: Plummeting Traffic: Monitoring data shows daily commercial vessel transits have dropped from over 50 t...
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  • U.S.-Iran Conflict Ignites Global Markets: How Will Commodities Be Impacted?

    On February 28, local time, tensions in the Middle East escalated abruptly. Heavy explosions rocked the Iranian capital, Tehran, as sirens blared across Israel. Israel launched a “pre-emptive” strike against Iran, synchronized with U.S. airstrikes. President Trump stated the objective...
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  • Top 10 Minerals by China’s External Dependency

    As the world’s largest consumer of energy and mineral resources, China consistently faces challenges regarding insufficient reserves of key resources and a lack of pricing control. Data shows that among 36 strategic minerals, 20 have an external dependency exceeding 40%, and 13 exceed 70%. ...
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  • What is the Lantern Festival?

    The Lantern Festival (元宵节, Yuánxiāo Jié), also known as the Shangyuan Festival or the Lantern Festival, is one of the most romantic and lively traditional Chinese celebrations. Falling on the 15th day of the first lunar month, it marks the official end of the Spring Festival (Lunar New Year) c...
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  • Top 10 Silver Mining Countries and Annual Production

    Based on global mining statistics for 2025 (referencing the USGS and the Silver Institute), the global annual silver production is approximately 26,000 metric tonnes (approx. 830 million ounces). A critical characteristic of silver is its associated nature: roughly 72% of the world’s silver...
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  • Recovering “Associated Silver” Amidst Record High Prices: Occurrence States and Efficient Extraction Processes in Cu-Pb-Zn Ores

    Introduction: A Shift in Value—From “Bonus” to “Main Course” Silver prices have broken through 8,000 RMB/kg, reaching a ten-year high. For Cu-Pb-Zn polymetallic ores, the economic value of associated silver is now rivaling or even surpassing that of the primary metals. For...
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  • 2026 Mining Cost Outlook: Inflation and New Supply Reshaping the Global Landscape

    The mining industry in 2026 is poised to follow two starkly different trajectories. For precious metals producers, it promises to be a “banner year,” as soaring prices are expected to far outpace cost increases, leading to potentially record-breaking margins. Conversely, the batter...
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  • A Comprehensive Guide to the Classification of Rare and Precious Metals

    In the realms of modern industry, renewable energy, and high-end manufacturing, Rare and Precious Metals are hailed as “Industrial Vitamins” and “Strategic Metals.” They are the indispensable building blocks of technological progress. This guide provides a clear and defini...
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  • Top 10 Gold Mines by Production Capacity Globally

    As of 2025, the Nevada Gold Mines complex (USA) and the Muruntau mine (Uzbekistan) remain the world’s largest gold-producing operations. Below is a breakdown of the global gold landscape. Which of these giants would you most like to “explore”? Market Context (2025–2026) Corpo...
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  • The Strategic Gambit for Critical Minerals in Central Asia

    In the wake of the escalating Ukraine crisis and the subsequent restructuring of the global order, Western powers have actively sought alternative suppliers for critical minerals to decouple from Russian and Chinese dependencies. This has triggered a competitive “New Great Game” in Ce...
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  • Strategic Measures by Central Asian Nations to Advance Critical Mineral Development

    In response to the intensifying “New Great Game” over critical minerals, Central Asian nations have shifted from passive resource providers to proactive strategic players. While their approaches vary based on resource endowment and institutional frameworks, their collective actions ce...
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