On September 11, at the 2026 China International Mining Conference, China Mining News of the China Geological Survey officially released the “Global Mining Development Report 2026”. The report points out that, driven by global energy transformation, compounded by factors such as supply chain fluctuations and international rules and games, the global mining industry is entering a period of superposition change dominated by safety logic, reshaping technological revolution, and restructuring of governance rules. In 2025, the global mineral resource supply and demand structure was adjusted at an accelerated pace. There were obvious differences between minerals: overall demand for energy and minerals slowed, oil supply exceeded demand, and gas production and consumption rose at the same time; bulk minerals were differentiated, steel supply and demand increased, copper and zinc supply and demand both increased, and aluminum supply and demand declined; strategic emerging minerals were generally oversupplied, and nickel and lithium surpluses deepened; precious metals supply and demand were tight, platinum and silver were in short supply, and gold was in tight balance. Challenges and opportunities coexist in the field of exploration and development. According to the data, in 2025, global solid mineral exploration investment fell to 12.401 billion US dollars for the fourth year in a row, and the share of grassroots exploration shrank to 20.8%, showing continued pressure on resources. At the same time, the drilling market bucked the trend, and the number of drilling projects and drilling holes increased by 9.9% and 31.2%, respectively. The mining capital market is very popular. The annual financing amount surged 108.7% year on year, the amount of mergers and acquisitions increased by 150.4%, and the pace of capital consolidation in the industry accelerated markedly. The differences in the price trends of old and new energy minerals have intensified. Prices of traditional fossil energy are under pressure, and the prices of new energy minerals and precious metals have increased markedly. Global mining policy adjustments and technological changes are accelerating at the same time. Major developed economies are comprehensively deepening key mineral safety strategies, and resource-based developing countries continue to promote a pattern of resource sovereignty and diversified cooperation and interaction. The process of intelligent greening of the mining industry has accelerated, AI prospecting has been industrialized, the construction of a “star-sky-ground-well” three-dimensional detection system has been accelerated, and unmanned mining, new energy support for mines, and closed-loop recycling technology has accelerated.

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