Asia Mining Conference Discloses Key Data and Project Outcomes of Strategic Minerals from Multiple Countries
2026-06-08 08:46
Favorite

en.Wedoany.com Reported - In June 2026, at the 2026 Fifth Asia Mining Innovation and Development Summit Forum held in Beijing, China, government officials and corporate representatives from Mongolia, Indonesia, Pakistan, Kazakhstan, Laos, and other countries disclosed their respective mineral resource endowments and major project progress, involving approximately 66 million tons of copper and 3,000 tons of gold in Mongolia, Indonesia's nickel reserves accounting for about 44.5% of the global total, and Pakistan's mineral resources valued at approximately $8 trillion. The forum also highlighted key developments such as China-Pakistan Economic Corridor mining cooperation, Indonesia's downstream transformation of the nickel industry, the Laos-China potash project, and Kazakhstan's uranium mining development, signaling a clear shift in Asia's mining sector from resource trade to deep integration across the entire industrial chain. According to the forum, Asian countries are currently leveraging their respective resource endowments to deeply integrate with Chinese enterprises' capital, technology, and supply chain, accelerating the transformation of resource advantages into industrial advantages.

B. Dashpurev, State Secretary of the Ministry of Industry and Mineral Resources of Mongolia, stated that the mining sector accounts for 27% of Mongolia's GDP, 71% of its industrial output, and 94% of its export revenue. As of 2025, Mongolia's registered mineral resources include approximately 66 million tons of copper, nearly 40 billion tons of coal, 2 billion tons of iron ore, and about 3,000 tons of gold. Pei Lianjie, Minister of the Indonesian Embassy in China, indicated that Indonesia's nickel reserves account for about 44.5% of the global total, bauxite reserves exceed 1 billion tons, and proven coal reserves amount to 19.3 billion tons. Aizaz Khan, Deputy Head of the Pakistani Embassy in China, noted that Pakistan's proven coal reserves reach 186 billion tons, the Reko Diq copper-gold mine contains over 5 million tons of copper and more than 4 million tons of gold, and the overall mineral resources are valued at approximately $8 trillion. Kazakhstan ranks second globally in uranium reserves, accounting for 19% of the world's total, while Laos is rich in potash and other resources.

The forum also showcased a series of cooperation outcomes. Pakistan's Saindak copper-gold mine is stably operated by China Metallurgical Group Corporation. By the end of 2025, related projects had generated over $4.23 billion in export revenue and $750 million in tax revenue for Pakistan, while providing tens of thousands of jobs. Under the framework of the second phase of the China-Pakistan Economic Corridor, the China-Pakistan Mining Cloud Procurement Platform has integrated over 2 million commodity resources, connecting hundreds of supply chain enterprises and offering functions such as supply-demand matching and logistics tracking. Indonesia's nickel industry clusters, represented by Morowali and Weda Bay, are accelerating the transition toward high-value-added deep processing. In Laos, the production capacity of Chinese-invested potash projects continues to expand, effectively ensuring regional potash fertilizer supply. Kazakhstan has resumed cooperation with Chinese partners in areas such as uranium mining development and gold exploration, with bilateral mining cooperation progressing steadily.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com