In 2020, Angang Mining Qidashan Iron Mine produced a total of 10.6449 million tons of iron ore and 3.6779 million tons of iron concentrate,Far more than the annual plan of 644900 tons of iron ore and 327900 tons of iron powder. Under the background that the crazy price rise of iron ore has caused great pressure on China's iron and steel enterprises, the overproduction of Qidashan iron ore is undoubtedly a "timely rain" to resolve the crisis, which has greatly alleviated the pressure of China's iron and steel industry.
According to the monitoring of the China Iron and Steel Association, on January 18 this year, the price of 62% of China's iron ore price index (CIOPI) imported ore reached a maximum of US $171.6/ton, climbing to the highest level in 9 years. According to data released by the General Administration of Customs, the country will import 1.17 billion tons of iron ore in 2020, up 9.5 percent year-on-year, with an average import price of $101.7 billion/ton, up 7.2 percent year-on-year. The increase in volume and price is obviously a very severe test for Chinese steel companies.
In early 2021, the Ministry of Industry and Information Technology issued the Guiding Opinions on Promoting the High-Quality Development of the Iron and Steel Industry (Draft for Comments), which, in terms of resource security, requires
By 2025, the domestic self-sufficiency rate of iron metal will reach
More than 45%.
According to the statistics of China Business Intelligence Network, the cumulative output of iron ore in 2020 is 0.867 billion tons, and the self-sufficiency rate is about 42.56 percent, which is still far from the target. At present, the price of iron ore is at a high level, and domestic iron mines still have the power to increase production. If the price of iron ore is lowered in the future and the cost advantage of overseas low-grade mines is highlighted, domestic iron mines are bound to be suppressed again. By 2025, the domestic self-sufficiency rate of iron metal still has considerable challenges to reach the goal of more than 45%.
But in any case, the overfulfilled task of Qidashan Iron Mine has undoubtedly given domestic mining enterprises a shot of "stimulant".
Qidashan Iron Mine is located in one of the important raw material bases for Angang's production and one of the six major iron ores of Angang Mining. Data shows that up to now, the total amount of high-quality ore provided by Qidashan Iron Mine for the domestic iron and steel industry has exceeded 0.1 billion tons.
As of March 31, 2011, Qidashan Iron Mine has 314.4508 million tons of industrial iron ore and 18.4011 million tons of low-grade ore in its mining license (Guotu Zi Reserve Zi [2012] No. 208).
In addition to Qidashan Iron Mine, China also has Panzhihua Iron Mine, Gongchangling Iron Mine, Dagushan Iron Mine, Sijiaying Iron Mine and other iron-producing mines, as well as large-scale mines under construction such as Sishan Iron Mine and Macheng Iron Mine. These mines will play an important role in China's iron ore resource reserves.
Sishanling Iron Mine is located in Nanfen District, Benxi City, Liaoning Province. The proven iron ore reserves are 2.484 billion tons, with an average grade of 31.19. It is the largest single iron ore in China and the first deep well super large iron ore in Asia.
The first phase of Sishan Ridge Iron Mine has a designed iron ore mining capacity of 15 million tons/year and an iron concentrate output of 5.31 million tons. The long-term plan is to produce 30 million tons of iron ore and more than 10 million tons of iron concentrate per year.
Macheng Iron Mine is located in Luannan County, Tangshan City, Hebei Province, with a proven resource of 1.225 billion tons and an average ore grade of TFe35.45%. It is the largest proven iron ore deposit in China since the 1980 s. The construction scale of Macheng Iron Mine is 25 million tons of iron ore and 9.188 million tons of iron concentrate per year. It is currently the largest iron mining mine under construction in China. After completion, it will become the largest filling mining mine in China.
In order to achieve the national goal of self-sufficiency in iron ore, domestic iron ore enterprises may be supported in terms of taxation, subsidies, examination and approval, but they still need to be hard on their own. With the promotion and practice of intelligent, green, safe and efficient concepts in mines, domestic mines still have a long and difficult way to go.
Source: Mining Exchange
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