According to Jingjing's report. Com, in the early morning of June 10, Beijing time, representatives of Guinea's Ministry of Mining and Geology and SMB bid winning consortium formally signed the Foundation-laying Convention of Simandou Iron Mine 1 2 Block. It is understood that in 20 15, in order to develop the mining industry in Guinea, Weiqiao Venture Group, a China enterprise, took the lead to form a "win-win alliance" with Yantai Port Group, Singapore Weiguoli International and Guinea UMS.
According to the report, 20 19, 1 1 won the bid for Simandou Iron Mine in Guinea 1 and No.2 ore sections; The signing of the relevant agreement means that the project finally broke ground, that is, the Chinese private enterprise background consortium is ready to start developing the world's largest iron ore.
According to the data, Simandou Iron Mine, known as the crown of Guinea, is a high-quality open-pit hematite resource with the largest undeveloped reserves and the highest grade in the world, which is divided into 1, 2, 3 and 4 blocks, among which the iron ore reserves with a grade of more than 6.5 billion in 1 and 2 blocks are expected to be more than 3.6 billion tons. It should be noted that the mining licenses of other blocks 3 and 4 are held by the joint venture company formed by Lituo and Chinalco.
However, winning the Simandou iron ore project in Guinea also shows that in the competition with Rio Tinto, Vale and other iron ore giants, China enterprises finally got a share by virtue of their strength. In other words, China enterprises are now developing the world's largest iron ore by themselves, and it can be predicted that in the future, China will have a stronger voice in the game of commodities.
In fact, China is gradually taking the initiative in international iron ore trade. For example, from June 1 this year, the quality supervision mode of imported iron ore will be optimized, and the current batch-by-batch inspection of iron ore will be implemented according to the application of enterprises, and it is emphasized that China officials will carry out supervision and inspection to monitor the content of toxic and harmful elements when necessary. This shows that China will implement stricter quality inspection measures in iron ore import in the future.
According to Australian media reports, benefiting from the strong demand in China market, Australia's largest iron ore export port exported 47.8 million tons of iron ore from port hedland in May this year, 2.6 million tons more than in April. After the implementation of the new regulations, at that time, as the largest iron ore supplier in China, there are still variables whether Australian iron ore exports to China can pass the customs smoothly.
In addition, Brazil's iron ore supply is second only to that of Australia, and its exports to China are also on the rise. According to Brazilian MDIC data, Brazil's iron ore exports to China in April were16.393 million tons, up 103% year-on-year. In this case, in mid-May, the Australian iron ore giant Rio Tinto and a China enterprise achieved the first RMB cross-border settlement, amounting to 654.38 billion yuan. Became the third industry giant to realize RMB settlement after Brazil's Vale and Australia's BHP Billiton.
Some voices pointed out that in order to retain customers in China, it is also an important means for Australian giants to adopt RMB pricing. At the same time, it also shows that the bargaining power of iron ore has gradually tilted towards China.