Industrial China in 2013 and graphite's role - Simon Moores

Microsoft PowerPoint - Industrial China in 2013 and graphite's role - Simon Moores indmin.com/Data    Industrial China in 2013 and graphite’s role China Graphite Field Trip & Briefing 2013 Simon Moores, Manager, Industrial Minerals Data – smoores@indmin.com 1. [...] China’s main drivers | Economy and mineral demand  • Growth <8% = norm  • China still a huge country in the midst of  GDP growth of major economies 2012‐2017  industrialisation • Net mineral consumer through major  industry:   • Steel  • Metals production (aluminium, copper, lead,  zinc) • Fertilizer  • Drivers  • Infrastructure (Real estate, rail, roads,  airports)  • Cars • Crop production  • Al. [...] China’s main drivers China’s minerals demand forecast (indexed to 2012) Graphite  Graphite  1. [...] China’s main drivers China is now an importer of raw materials  • 2000 average import dependency:  15%  • 2011 average important dependency:  40%   China’s dependency on imported raw materials 80% 70% 60% 50% 40% 2000 30% 2011 20% 10% 0% Bauxite Copper Iron ore Coking Average coal Note: China is a net exporter of natural graphite  2. Macro changes to mining in China   Resource management  • Enviro. [...] tpa) • Many smaller miners, very few major players = graphite • In 2012, the government started a consolidation program by nominating preferred producers • Free loans to buy out smaller competitors • Revoking of mining licences of troublesome smaller players 3. Flake graphite changes in China  Establishing centres of hi‐tech development  Inner Mongolia • Consolidation program started in 2010 • Ris.