Increase investment in shale oil exploration and development to ensure national energy security

From January to July, China's mining industry realized a total profit of 996.11 billion billion yuan, up 1.05 times year on year.

Inner Mongolia plansIn 2025, we will focus on exploring petroleum, rich iron ore, copper, gold and other scarce minerals and rare and scattered minerals, and 10-15 new large and medium-sized mineral areas will be discovered.

The People's Government of Inner Mongolia Autonomous Region recently issued the Autonomous Region Mineral Resources Master Plan (2021-2025). The main contents are as follows: first, by 2025, 10-15 large and medium-sized mineral areas will be newly discovered, the total number of mines in the period will be controlled within 2900, and the proportion of large and medium-sized mines will be increased to about 35%. The second is to focus on the exploration of petroleum, rich iron ore, copper, gold and other scarce minerals and rare and scattered minerals, and increase the deep exploration of important minerals. Strengthen the exploration of uranium, shale gas, coalbed methane, geothermal and other unconventional energy resources; steadily promote the exploration of coalbed methane in major basins. Restricting the exploration of placer gold minerals that do great damage to the environment. In principle, no new exploration projects for such minerals will be established. If it is really necessary to establish new projects, it must pass the environmental impact assessment and obtain the consent of the ecological environment department. Prohibit the exploration of ultra-lean magnetite. The third is to carry out the investigation and evaluation of energy and mineral resources. Promote the investigation and evaluation of regular oil, gas and uranium resources in important basins. At the same time, with the goal of basically finding out the geothermal resources in the whole region, carry out the investigation and evaluation of geothermal resources potential, and scientifically promote the utilization of hydrothermal geothermal resources in various fields. Fourth, with lithium, rubidium, beryllium, niobium, tantalum, rare earth and other minerals as the main focus, a 1: 25000 comprehensive geological survey and metallogenic regularity and selection research will be carried out in the central part of the autonomous region. With copper, gold, tin and other major minerals in short supply as the main minerals, a 1: 25000 comprehensive geological survey and metallogenic law research and prospecting prediction were carried out in Beishan area of Ejin Banner. Five is to improve the minimum mining scale. In principle, no new copper mines with an annual output of less than 300000 tons of ore will be built, no new open-pit mining and dressing projects with a daily processing capacity of less than 300 tons of rock and gold ore will be built, and no new underground mining and dressing projects with a daily processing capacity of less than 100 tons will be built, except for coalbed methane, iron-rich, gold, geothermal and mineral water. Six is to promote the basic geological survey and evaluation. The central government coordinated the investigation of the geological structure and mineralization of the northern mountains of Ejina Banner, Baiyunebo and the western margin of the Ordos Basin, obtained deep mineralization, accumulation and geological information, evaluated the potential of deep energy resources, and opened up deep prospecting space. The seventh is to protect large and medium-sized mineral areas that are temporarily unsuitable for development within the nature reserves and ecological protection red lines. Eight is to strengthen the efficient use of rare earth base resources, to create new rare earth materials and application of industrial clusters. At the same time, we should strengthen the research on the application of rare earth elements, improve the mining recovery rate, mineral processing recovery rate and comprehensive utilization rate, and promote the efficient separation and extraction of rare earth, iron, niobium, scandium and other associated resources. Nine is to fully implement the comprehensive renovation project of abandoned mines in the Yellow River Basin, and strive to completely solve the geological environment problems of abandoned mines in the basin by the end of 2025.

Sichuan Province Energy Supply Security Emergency Response Level DowngradedLocal lithium salt enterprises gradually recover

On August 29, the Sichuan Provincial Department of Economy and Information Technology and the Financial Association issued a notice that the Sichuan Energy Emergency Office decided to adjust the first-level emergency response to the emergency energy supply guarantee in Sichuan Province to the second-level emergency response to the emergency energy supply guarantee from 00:00 on August 29. At present, Sichuan lithium salt enterprises have restored power supply, production has resumed. According to Qinghai, Tibet local two lithium salt enterprises said, affected by the epidemic, logistics and transportation stalled, but production is not affected. Some analysts believe that some areas of Sichuan's power rationing have indeed gradually recovered, but it will take a few days for enterprises to restart and produce qualified products. On the other hand, affected by the epidemic, logistics and transportation in some areas of Qinghai-Tibet are still stagnant. Some analysts believe that the current lithium salt production in Qinghai has not been affected for the time being, but the logistics and transportation problems have a greater impact, and the reduction of tradable resources in the market has aggravated the shortage of in stock supply.

first half of the yearThe performance of 13 lithium salt listed companies rose sharply, with production and sales booming.

China Securities Journal, China Economic Net, August 28 comprehensive news, as of the evening of August 25, 13 lithium salt listed companies have issued semi-annual reports. Among them, Tibet Mining, Rongjie shares, Tianhua ultra-net first-half net profit increased by more than 10 times, Shengxin lithium energy, Yongxing Materials, Jiangte Electric, China Mineral Resources in the first half of the net profit increased by more than 6 times, Salt Lake shares and Zangge Mining in the first half of the net profit increased by more than 3 times. Lithium salt prices continue to rise is the main reason for the performance of lithium salt listed companies. According to data from Shanghai Steel Union, the average price of battery-grade lithium carbonate was reported at 491000 yuan/ton on August 25, an increase of 77% from the beginning of the year. CITIC Securities predicts that the tight supply trend of lithium salt in the second half of the year is difficult to change, the probability of prices continuing to rise is high, and the high prosperity of the lithium industry is expected to continue. In addition, in the context of strong downstream demand and high lithium salt prices, lithium salt enterprises have also increased the layout of the resource side. Some analysts believe that in 2022, major lithium salt companies have successively expanded production, and many battery and non-ferrous metal mining companies have seized the opportunity to enter the lithium battery industry. In the case of the scarcity of high-quality lithium resources, enterprises that can guarantee their own supply of lithium resources will benefit.

US Bipartisan Infrastructure Act$0.425 billion to support national energy plan

U.S. Department of Energy website, S & P global market intelligence on August 27, the U.S. Department of energy will allocate $0.425 billion to the national energy plan through the bipartisan infrastructure law to support a series of energy projects in 50 states and the District of Columbia, so as to promote the progress of energy technology in each state and ensure national energy security. In addition, the national energy plan will also provide funds for clean energy infrastructure construction, energy efficiency improvement, clean energy financing, technology demonstration projects, etc. It is reported that the deadline for state energy plan applications is November 4, 2022.