【环球时报驻哈萨克斯坦特派记者 李强 环球时报特约记者 杨逸】 编者的话： 据路透社2月18日报道，美国已与乌兹别克斯坦签署协议，以确保更 稳定地获取后者的关键矿产资源。随着全球能源转型与科技革命加速推进，关键矿产已从单纯的工业原料跃升为重塑全球产业格局与地缘政治版 图的关键要素之一。在这一领域，各国合作与博弈的触角从非洲加丹加高原的铜钴富矿带延伸至太平洋海底的多金属结核，从拉美安第斯山脉 的"锂三角"延伸至中亚腹地的稀土矿床。《环球时报》从今天起将推出"关键矿产博弈"系列报道，在"中亚篇"中，我们将为您讲述中亚五国蕴藏 着怎样的关键矿产资源，美国、欧盟、日本等在该地区如何落子布局，这场围绕关键矿产的博弈又将如何撬动国际能源格局。 " 跻身全球前 20 大战略资源生产国之列 " 萨里塔格矿区位于塔吉克斯坦西部的陡峭山谷中。在海拔4000米山峰之下纵横交错的巷道中，矿工们正奋力开采锑矿。这是一种银灰色的金属， 曾经以化妆品成分而为人所知，如今已成为战略性产业的关键资源，可被用于制造太阳能电池板和加固军用车辆装甲。 "塔吉克斯坦有许多锑矿床。"塔尔科黄金公司副总监朱马佐达对法新社这样说。该公司锑供应量占全球10% ...

（来源：吴说） 吴说获悉，BitMEX 联合创始人 Arthur Hayes 发推披露其投资组合，包括股票：黄金、白银、铜、铀矿 商，石油巨头，军工股，拉美能源股；加密货币：BTC、ETH、ZEC、HYPE；实物黄金。 ...

周二，Jaguar Uranium(JAGU.US)登陆美股市场，开盘涨超35%，报5.5美元，并触发停牌。IPO价格为4 美元。Jaguar Uranium是一家总部位于加拿大安大略省的初级矿业公司，专注于在南美地区(主要是哥伦 比亚和阿根廷)的铀矿资源勘探和开发业务。公司成立于2022年，目前尚未实现营收，主要在拉美拥有 三个铀矿勘探项目，包括哥伦比亚的Berlin项目，以及阿根廷的Laguna和Huemul项目。铀矿是核燃料的 原材料，在核电发电和一些战略金属副产品领域有重要意义。 ...

智通财经APP获悉，周二，Jaguar Uranium(JAGU.US)登陆美股市场，开盘涨超35%，报5.5美元，并触 发停牌。IPO价格为4美元。Jaguar Uranium是一家总部位于加拿大安大略省的初级矿业公司，专注于在 南美地区(主要是哥伦比亚和阿根廷)的铀矿资源勘探和开发业务。公司成立于2022年，目前尚未实现营 收，主要在拉美拥有三个铀矿勘探项目，包括哥伦比亚的Berlin项目，以及阿根廷的Laguna和Huemul项 目。铀矿是核燃料的原材料，在核电发电和一些战略金属副产品领域有重要意义。 ...

Investment Rating - The industry rating is "Recommended" [3] Core Views - The report expresses optimism for key metals in the future despite recent price declines due to market panic [1] - Supply tightening expectations remain for nickel, cobalt, antimony, lithium, rare earths, tin, tungsten, and uranium, which may support prices in the coming months [1][2][8][11][13][14][22] Nickel and Cobalt Industry Summary - As of January 30, LME nickel settled at $17,540 per ton, down 5.85% from January 23, with total LME nickel inventory increasing by 0.90% to 286,284 tons [1] - Supply constraints are expected due to increased rainfall in Indonesia affecting mining and shipping operations, alongside regulatory pressures leading to conservative sales strategies [1] - The Indonesian government plans to reduce nickel mining quotas to 250-260 million tons, which is anticipated to support nickel prices [1][16] - Cobalt prices are expected to rise due to supply tightness, with electrolytic cobalt priced at 446,000 yuan per ton as of January 30, up 1.83% [2][17] Antimony Industry Summary - Antimony prices have increased, with antimony ingot averaging 162,500 yuan per ton as of January 29, up 1.25% [6] - Supply constraints are expected to persist due to production halts at Hunan Zhenqiang Antimony Industry, which may reduce output by over 2,000 tons [6][19] Lithium Industry Summary - Lithium carbonate prices fell to 160,400 yuan per ton as of January 30, down 6.22% [8] - Supply disruptions are anticipated due to environmental assessments delaying mining operations in Jiangxi, impacting future supply [8] - Demand is expected to remain strong, potentially stabilizing prices despite recent declines [8][19] Rare Earth Industry Summary - The report highlights tightening supply expectations for rare earths, particularly due to new regulations in Vietnam and ongoing geopolitical tensions [20] - The global rare earth supply chain remains heavily reliant on China, which continues to dominate production capabilities [20] Tin Industry Summary - Tin prices are supported by uncertainties in overseas supply, with LME tin settling at $54,000 per ton as of January 30, down 0.37% [11] - Supply concerns persist due to slow recovery in Myanmar and ongoing regulatory actions in Indonesia [11][12] Tungsten Industry Summary - Tungsten prices have seen significant increases, with white tungsten concentrate priced at 597,500 yuan per ton as of January 30, up 11.58% [13] - Supply constraints are expected to continue due to strict mining quotas and environmental regulations [13][21] Uranium Industry Summary - Uranium prices remain high, with global market prices at $63.51 per pound, supported by ongoing supply tightness and geopolitical factors [14][22] - The report indicates a persistent supply-demand gap in the uranium market, with expectations for continued price support [14][22]

如今全球能源和技术博弈激烈，能源自主更是关乎国家安全。过去我国一直被贴上"贫铀国"的标签，铀矿稀缺，严重制约着核能的发展。 但在2025年，我国在内蒙古鄂尔多斯盆地取得重大发现，打破了这一长期瓶颈。 这是地质学家几十年的坚守和技术攻关，也让我国在核能领域、全球能源竞争中，拥有了更足的底气。网友表示：简直是天佑我国！ 这次重大铀矿发现，会彻底改写我国核能发展的格局吗？ 2025年，位于内蒙古鄂尔多斯盆地的泾川地区突然传来一个震撼性的消息——中国地质队在这里发现了一个特大型铀矿！这是全球首次在风成砂岩中发现如 此大规模的铀矿。 这一发现不仅让全世界的地质学家瞠目结舌，也让许多人对中国的矿产资源储备产生了新的认识。 长期以来，铀矿的短缺一直困扰着中国的能源发展。特别是在核能建设领域，铀是最为关键的原料之一。 为了满足日益增长的核能需求，中国不得不从全球各地购买铀矿资源。 澳大利亚、哈萨克斯坦、尼日尔等国家，曾是中国铀矿的主要供应地。 通过这些进口铀矿，才勉强支撑起中国核能的发展。而这种依赖海外资源的状态，也让外界对中国的核能产业是否能持续发展产生了质疑。 然而，内蒙古泾川地区的发现彻底改变了这一局面。 作为全球首次 ...

Investment Rating - The industry rating is "Recommended" [3] Core Views - Short-term raw material supply tightness is expected to support nickel prices, with LME nickel spot price reaching $18,630 per ton, up 5.70% from January 16 [1] - The cobalt market is anticipated to see continued price increases due to structural supply tightness, with electrolytic cobalt priced at 438,000 yuan per ton, down 3.74% from January 16 [2][5] - Domestic antimony supply remains tight, supporting antimony prices, with average prices for antimony ingots at 160,500 yuan per ton [6] - Lithium carbonate prices are expected to continue rising, with a market average of 171,100 yuan per ton, up 8.36% from January 16 [8][19] - Supply uncertainties in the rare earth market are expected to support prices, with significant legislative changes in Vietnam impacting global supply [20] - Tin prices are supported by uncertainties in overseas supply, with LME tin prices at $54,200 per ton, up 9.66% from January 16 [11][21] - Tungsten market supply-demand imbalance is notable, with white tungsten concentrate prices at 535,500 yuan per ton, up 5.93% from January 16 [13][22] - Uranium supply tightness is expected to persist, with global uranium prices at $63.51 per pound, significantly higher than historical lows [14][15] Summary by Sections Nickel and Cobalt Industry - Nickel prices are supported by supply constraints, with Indonesia's nickel mining production quota expected to be reduced to 250-260 million tons [1][16] - Cobalt supply is projected to remain tight, with Congo's export quotas confirmed to extend into 2026 [2][17] Antimony Industry - Antimony prices are supported by long-term supply tightness, with domestic production facing seasonal disruptions [6][18] Lithium Industry - Lithium carbonate prices are expected to remain strong due to demand support and ongoing supply constraints, with significant price increases noted [8][19] Rare Earth Industry - Legislative changes in Vietnam are tightening global rare earth supply, with China maintaining a dominant position in the market [20] Tin Industry - Tin prices are supported by uncertainties in overseas supply, particularly from Myanmar and Congo [11][21] Tungsten Industry - The tungsten market is experiencing a supply-demand imbalance, with prices expected to rise further due to limited new supply [13][22] Uranium Industry - Uranium prices are supported by ongoing supply tightness and geopolitical factors affecting production [14][15]

库尔代矿区坐拥世界级富铀资源，铀矿储量位居全球前列，是国际铀矿开发领域的优质标的。尤为可贵 的是，该矿区铀矿石品位高达3%，资源品质优势突出。值得关注的是，该矿区与我国新疆伊犁谷地铀 矿带同属同源成矿带，地质构造一脉相承，天然构成连片分布的优质铀资源富集区域，这为两地资源联 动开发、技术协同赋能奠定了先天基础。 此次库尔代矿区重启开发，是相关合作方深化战略矿产资源开发利用的重要举措，而新疆作为我国西部 重要的能源产业基地，成为推动相关合作落地的重要纽带。2025年6月，在相关工业和投资合作交流活 动期间，萨特巴耶夫地质科学研究所、中国地质大学（北京）、厦门万里石股份有限公司及中国核工业 集团公司，共同签署《关于联合开展跨境战略资源成矿带对比研究的框架协议》，明确将相关成矿带纳 入重点研究范畴。新疆伊犁、准噶尔盆地的铀矿勘探数据与开发经验，成为协议落地的核心技术支撑。 来源：环球网 近日，厦门万里石股份有限公司携手哈富矿业等相关公司，在哈萨克斯坦库尔代矿区铀矿开发项目上取 得里程碑式进展，这座世界级富铀矿区的重启开发正式进入实质性推进阶段。这一成果，将有力支撑国 内战略矿产资源保障体系建设，与新疆能源枢纽的布局 ...

Investment Rating - The industry rating is "Recommended" [3] Core Views - Nickel supply from Indonesia is expected to contract, providing support for nickel ore prices. As of January 16, the LME nickel spot price was $17,625 per ton, down 0.28% from January 9, while the total LME nickel inventory increased by 0.33% to 285,732 tons. The Shanghai nickel price rose by 5.01% to 144,000 yuan per ton during the same period [1] - The cobalt raw material supply in China is expected to remain structurally tight for a long time, with cobalt prices likely to continue rising. As of January 16, the price of electrolytic cobalt was 455,000 yuan per ton, down 1.30% from January 9 [2][5] - Antimony prices have stopped falling and are expected to be supported by improved demand and tight supply. As of January 15, the average price of domestic antimony concentrate was 142,500 yuan per ton, up 1.42% from January 8 [6] - Lithium carbonate prices have continued to rise significantly, with the average market price reaching 157,900 yuan per ton as of January 16, up 12.72% from January 9. The demand for lithium is expected to remain strong [8][19] - The price of tungsten is expected to rise further due to tight supply conditions. As of January 16, the price of white tungsten concentrate (65%) was 505,500 yuan per ton, up 5.20% from January 9 [13][21] Summary by Sections Nickel and Cobalt Industry - Nickel prices are expected to be supported by supply constraints from Indonesia, with a projected mining quota of 250-260 million tons for 2026, lower than market expectations. The market is also concerned about additional taxes on by-products like cobalt and iron [1][16] - Cobalt supply is expected to tighten further due to export quota policies from the Democratic Republic of Congo, with a projected production of 29,000 tons globally in 2024, a 21.8% increase year-on-year [5][17] Antimony Industry - Antimony prices are supported by tight supply and improved demand, with expectations of further price increases due to ongoing supply constraints, especially in northern China [6][18] Lithium Industry - The lithium carbonate market is experiencing significant price increases, driven by strong demand and supply uncertainties. The average price reached 157,900 yuan per ton, with expectations for continued strong performance in the near term [8][19] Tungsten Industry - The tungsten market is facing tight supply conditions, with prices expected to rise further. The domestic mining quota for tungsten is projected to be lower than previous years, contributing to supply constraints [13][21] Uranium Industry - The uranium market is experiencing supply tightness, with prices remaining high due to geopolitical factors and structural shortages in supply. The global uranium price was $63.51 per pound as of December [14][15]

Core Viewpoint - The discovery of world-class uranium deposits in China's Ordos and Tarim basins marks a significant shift in the country's energy landscape, enhancing its energy security and geopolitical influence while challenging traditional mining theories [1][6][8]. Group 1: Resource Discovery and Economic Impact - China has confirmed the existence of the world's first large-scale uranium deposit in the Ordos basin, which challenges previous geological theories about uranium formation [6]. - The total estimated uranium resources in China have exceeded 2.88 million tons, positioning the country among the top globally, with a potential economic value surpassing 10 trillion yuan [10]. - The recent discoveries are expected to reshape the global nuclear energy industry and enhance China's strategic control over uranium resources, reducing reliance on imports [12][14]. Group 2: Strategic and Technological Advancements - The advancements in deep three-dimensional geophysical detection technology have allowed for the identification of high-grade uranium deposits at depths previously considered unfavorable for uranium stability [8]. - The ability to control a significant uranium supply enhances China's negotiating power in international markets, shifting from a passive buyer to a more influential player [12]. - The development of uranium resources is seen as a strategic asset that supports China's long-term energy supply system and aligns with its carbon neutrality goals [14][16]. Group 3: Broader Implications - The availability of domestic uranium resources is expected to stabilize nuclear power generation costs and reduce price volatility, benefiting the broader population [19]. - The medical applications of uranium, particularly in the production of radioisotopes for cancer treatment, will see improvements in local production capabilities, enhancing public health safety [19]. - The environmentally friendly extraction methods being employed, such as in-situ leaching, minimize ecological disruption and position China as a potential leader in sustainable mining practices [20].