Global Mining Development Report 2024: AI Exploration for Mineral Exploration, New Quality Productivity in Mining Development Expected

Securities Times News reported that on October 16, 2024 China International Mining Conference "Belt and Road" Geotechnical Cooperation and Mining Investment Forum, the International Mining Research Center of the Ministry of Natural Resources of China released the "Global Mining Development Report 2024" (hereinafter referred to as "the Report"). The Report pointed out that in 2023, major countries and regions around the world continued to update strategic mineral policies, promoting the localization of mineral industry chains and sustainable development of mining through key mineral intergovernmental strategic cooperation or trade agreements, the formulation of laws and regulations and policies for the development of key minerals and supply chains, and the promotion of mining projects and infrastructure. The new round of technological revolution and industrial transformation has developed deeply, and mining development technology and equipment have become key variables in international mining cooperation. AI exploration has changed the pattern of mineral exploration, and the new quality production force of mining development is expected in the future. Global exploration and development, resource recycling and utilization, etc. have developed rapidly, showing the trend of high efficiency, intelligence, high precision, and low carbon. Low-grade and difficult-to-select mineral resource selection equipment is developing towards green and automated. Large-scale, multi-field, automation, and multi-disciplinary intersection are the key points in the research and development of low-grade mineral resource selection equipment.