【文/观察者网 陈思佳】上个月，中国企业深度参与的几内亚西芒杜铁矿项目正式投产，这是全球最大的绿地铁矿项目，建成后年产能最高可达1.2亿吨，有 望重塑全球铁矿业格局。为"对抗中国影响力"，美国也试图投资非洲的矿产项目，但这些项目的进展并不顺利。 据英国《金融时报》12月17日报道，美国矿业公司伊凡霍大西洋公司正寻求与几内亚政府合作，开发距离西芒杜约160公里的孔昆尼（Kon Kweni）铁矿。 然而，该项目在非洲和美国都遭遇障碍，非洲国家对投资持谨慎态度，美国共和党议员则反过来指责伊凡霍大西洋公司"通中"。 孔昆尼铁矿位于几内亚东南部的宁巴山脉，由伊凡霍大西洋公司持有。该公司将其定位为"西芒杜铁矿的替代方案"，计划斥资18亿美元开发这座铁矿，向西 方国家供应品位达66.5%的铁矿石，以帮助西方国家应对所谓"中国对关键矿产日益紧密的控制"。 伊凡霍大西洋公司首席执行官布朗温·巴恩斯将项目命名为"自由走廊"，为避开中国企业为西芒杜铁矿项目建设的600公里铁路，他考虑通过几内亚的邻国利 比里亚运输铁矿石，确保孔昆尼铁矿生产的矿石"全都留给美国及其盟友的供应链，不会流向中国"。 伊凡霍大西洋公司曾吹嘘孔昆尼铁矿项目得 ...

Core Viewpoint - China Titanium (00893) anticipates a net profit attributable to shareholders of approximately RMB 1.5 million in the first half of 2025, compared to a net loss of about RMB 200,000 in the first half of 2024 [1] Financial Performance Summary - The estimated financial performance for the first half of 2025 shows improvement due to: - (a)(i) An increase in guarantee fee income - (ii) Termination of recognition of certain payables, leading to an increase in other income - (b) A reduction in other expenses without the losses from the sale of fixed assets and certain non-recurring expenses that were present in the first half of 2024 - (c) A decrease in financial costs due to lower average funding costs in China [1][1][1] Operational Challenges - The stable income from the group's facility management services supports the increase in guarantee fee income, but this is partially offset by: - Higher environmental compliance costs - A decrease in production due to ongoing upgrades and gradual expansion projects related to high-grade iron ore operations, leading to lower economies of scale [1][1][1]

Core Viewpoint - China Iron Titanium (00893.HK) expects to record a net profit attributable to shareholders of approximately RMB 1.5 million in the first half of 2025, compared to a net loss of approximately RMB 0.2 million in the first half of 2024 [1] Financial Performance Summary - The estimated financial performance improvement for the first half of 2025 is primarily due to: - (a) (i) An increase in guarantee fee income and (ii) the termination of recognition of certain payables, leading to an increase in other income [1] - (b) A reduction in other expenses without the losses from the sale of fixed assets and certain non-recurring expenditures recorded in the first half of 2024 [1] - (c) A decrease in financial costs due to a decline in the average cost of funds in China [1] Operational Factors - The stable income sources from the group's facility management services support the increase in guarantee fee income [1] - The lower economies of scale are primarily impacted by higher environmental compliance costs and a decrease in production, which is attributed to ongoing upgrades and gradual expansion projects related to high-grade iron ore operations [1]