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How to deal with the new situation of mining industry

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                           How to deal with the new situation of mining industry


The global mining industry has entered a stage of deep adjustment. With the support of the global economic recovery, the mining industry can be expected to return gradually. At present, among the world's major economies, China, India and other emerging economies have provided strong support for the development of the global economy, bringing some hope for the return of the global mining market, showing that the global mining industry has entered a stage of deep adjustment, and relying on the support of the global economic recovery, the future of global mining industry has been precipitated. The possibility of gradual regression is worth looking forward to. With the deployment of supply side structural reform as the requirement, we must resolutely resolve excess capacity. In order to promote the work of dissolving excess capacity and solve the problems of imbalance and inadequate implementation, a new goal and direction have been defined for the innovation and development of mining technology in China. 


Therefore, fully grasp the development trends of different minerals and their markets, supply and demand structure evolution, as far as possible, according to the type of measures to improve the mining market environment.


1.  we should speed up the exploration and development of strategic emerging mineral resources, gradually establish a mechanism of cooperation between the market and the government, and promote the long-term renewal of the mining industry. At present, the development of traditional mining industry is still in a global downturn period. It is an important direction for mining industry to vigorously develop the color separation of non-metallic ores and enhance the value of non-metallic ores by using automatic equipment such as ore color separator. We will strive to upgrade the technology and market needed for the development of strategic emerging minerals, strengthen geological prospecting efforts and innovate management systems, rationally guide mineral exploration and investment priorities, moderately tilt the approval and exploration management of mineral rights, support the exploration and development of strategic emerging minerals in a plurality of ways, and gradually build a coordination mechanism between the market and the government. At the same time of supply-side reform and mining structural adjustment, we should fully absorb the reform dividends, actively promote the development of strategic emerging mining industry, and cultivate new vitality of mining industry.


2.Tto guide the mining market expectations, encourage private investment, and take appropriate measures to give full play to the economic and social benefits of structural regulation and control policies. We should stabilize market expectations with stable macro-control policies for mining industry, and focus on landing major reform initiatives of the state so as to enhance confidence in mining industry. Fully grasp the development trends of different minerals and their markets, supply and demand structure evolution, as far as possible according to the type of measures; actively improve the micro environment of mining enterprises, create a fair competition, healthy development of the market environment. We should give full play to the economic and social benefits of structural regulatory policies and promote the sustainable development of mining economy.

3. we should speed up the reform of the financial and taxation system of mineral resources, implement various tax and fee reduction policies, and guide social funds to invest in the real economy of mining industry. Through the reform of the tax and fee system, efforts should be made to create a market environment for equal competition and healthy development of mining enterprises, guide social funds to invest in the real economy of mining industry and promote private mining investment; insist on pushing forward the structural reform of the supply side, take the tax and fee reform as a breakthrough point, speed up the reform of the financial and taxation system of mineral resources, and promote mineral resources investment. The reform of the source management system is a good support for the construction of a new mining management system.


4.  To accelerate the pace of mining technology innovation. At present, the mining market at home and abroad is undergoing a deep adjustment period, and the future mining industry will pay more attention to technology, green development and circular development. As the supporting point of the development of mineral industry, the ore color separator will represent the large-scale application of automation and semi-automation equipment in mineral production. As the leader of color separation industry, Mingde Optoelectronics has started to develop and produce special color separator for ore, which has changed the present situation of color separator for grain and grain reforming machine in color separation industry and made ore processing possible. Industry development has been sustainable, high yield and high efficiency development. Therefore, through technological innovation to drive industrial transformation, and constantly increase the international competitiveness of domestic mining industry, China has gradually transformed from a mining power into a mining power, to promote the development of mining industry more safely and effectively ensure the sustainable development of national economy.


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