{"id":581659,"date":"2025-07-02T18:11:16","date_gmt":"2025-07-03T01:11:16","guid":{"rendered":"https:\/\/nai500.com\/?p=581659"},"modified":"2025-07-02T18:13:38","modified_gmt":"2025-07-03T01:13:38","slug":"%e5%85%a8%e7%90%83-%e5%8d%81%e5%a4%a7-%e9%93%9c%e7%9f%bf-%e7%94%9f%e4%ba%a7%e5%95%86-2025%e5%b9%b4-7%e6%9c%88","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2025\/07\/%e5%85%a8%e7%90%83-%e5%8d%81%e5%a4%a7-%e9%93%9c%e7%9f%bf-%e7%94%9f%e4%ba%a7%e5%95%86-2025%e5%b9%b4-7%e6%9c%88\/","title":{"rendered":"\u5168\u7403\u5341\u5927\u94dc\u77ff\u751f\u4ea7\u5546\uff1a\u8c01\u5728\u4e3b\u5bfc\u94dc\u8d44\u6e90\u5e02\u573a\uff1f\uff082025\u5e747\u6708\u66f4\u65b0\uff09"},"content":{"rendered":"

2024\u5e745\u6708\uff0c\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u7684\u94dc\u4ef7\u521b\u4e0b\u5386\u53f2\u65b0\u9ad8\uff0c\u8fbe\u5230\u6bcf\u542810,954\u7f8e\u5143\uff08COMEX\u6bcf\u78c55.20\u7f8e\u5143\uff09\u3002\u8fd9\u4e00\u6da8\u52bf\u6e90\u4e8e\u4f9b\u9700\u77db\u76fe\u7684\u52a0\u5267\u2014\u2014\u968f\u7740\u5168\u7403\u80fd\u6e90\u8f6c\u578b\u52a0\u901f\uff0c\u94dc\u4f5c\u4e3a\u7535\u52a8\u6c7d\u8f66\u3001\u7535\u7f51\u5347\u7ea7\u548c\u50a8\u80fd\u7cfb\u7edf\u7684\u5173\u952e\u6750\u6599\uff0c\u9700\u6c42\u6301\u7eed\u6500\u5347\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u65b0\u94dc\u77ff\u5f00\u53d1\u5468\u671f\u957f\u3001\u6295\u8d44\u5927\uff0c\u4f9b\u5e94\u589e\u957f\u7f13\u6162\uff0c\u4f7f\u5f97\u5934\u90e8\u94dc\u77ff\u516c\u53f8\u6210\u4e3a\u5e02\u573a\u5173\u6ce8\u7684\u7126\u70b9\u3002<\/p>\n

\u4ee5\u4e0b\u662f2024\u5e74\u5168\u7403\u5341\u5927\u94dc\u751f\u4ea7\u5546\u53ca\u5176\u6838\u5fc3\u8d44\u4ea7\u5206\u6790\uff1a<\/p>\n

1. \u5fc5\u548c\u5fc5\u62d3\uff08<\/b><\/strong>NYSE:<\/b><\/strong><\/a>BHP\uff09<\/b><\/strong><\/h3>\n

\u4ea7\u91cf\uff1a146\u4e07\u5428<\/b><\/strong>
\n\u6fb3\u5927\u5229\u4e9a\u77ff\u4e1a\u5de8\u5934\u5fc5\u548c\u5fc5\u62d3\u7684\u6838\u5fc3\u8d44\u4ea7\u662f\u667a\u5229\u7684\u57c3\u65af\u5eb7\u8fea\u8fbe\uff08Escondida\uff09\u94dc\u77ff\uff0c\u8fd9\u662f\u5168\u7403\u6700\u5927\u7684\u94dc\u77ff\uff0c2024\u5e74\u8d21\u732e\u4e8620.4\u4ebf\u78c5\u94dc\u4ea7\u91cf\u3002\u6b64\u5916\uff0c\u5176\u5168\u8d44\u62e5\u6709\u7684\u667a\u5229Pampa Norte\u548c\u6fb3\u5927\u5229\u4e9aOlympic Dam\uff08\u542b\u5168\u7403\u6700\u5927\u94c0\u77ff\uff09\u4e5f\u663e\u7740\u63d0\u5347\u4ea7\u80fd\u30022023\u5e74\u6536\u8d2dOZ Minerals\u540e\uff0c\u5fc5\u548c\u5fc5\u62d3\u94dc\u8d44\u6e90\u50a8\u5907\u8fdb\u4e00\u6b65\u6269\u5927\u3002<\/p>\n

2. \u667a\u5229\u56fd\u5bb6\u94dc\u4e1a\uff08Codelco\uff09<\/b><\/strong><\/h3>\n

\u4ea7\u91cf\uff1a144\u4e07\u5428<\/b><\/strong>
\n\u4f5c\u4e3a\u5168\u7403\u6700\u5927\u56fd\u6709\u94dc\u4f01\uff0cCodelco\u7684\u4e18\u57fa\u5361\u9a6c\u5854\uff08Chuquicamata\uff09\u77ff\u867d\u56e0\u54c1\u4f4d\u4e0b\u964d\u5bfc\u81f4\u8fd1\u5e74\u51cf\u4ea7\uff0c\u4f462024\u5e74\u4ecd\u4ea7\u51fa6.37\u4ebf\u78c5\u94dc\u3002\u8be5\u516c\u53f8\u6b63\u63a8\u8fdb\u8be5\u77ff\u4ece\u9732\u5929\u8f6c\u4e3a\u5730\u4e0b\u5f00\u91c7\u7684\u957f\u671f\u8ba1\u5212\uff0c\u5e76\u62d3\u5c55El Teniente\u7b49\u8001\u65e7\u77ff\u5c71\u7684\u5bff\u547d\u3002<\/p>\n

3. \u81ea\u7531\u6e2f\u9ea6\u514b\u83ab\u5170\uff08<\/b><\/strong>NYSE:FCX<\/b><\/strong><\/a>\uff09<\/b><\/strong><\/h3>\n

\u4ea7\u91cf\uff1a126\u4e07\u5428<\/b><\/strong>
\n\u7f8e\u56fd\u81ea\u7531\u6e2f\u7684\u6838\u5fc3\u8d44\u4ea7\u662f\u5370\u5c3c\u683c\u62c9\u65af\u4f2f\u683c\uff08Grasberg\uff09\u94dc\u91d1\u77ff\u3002\u8be5\u77ff\u73b0\u9636\u6bb5\u6b63\u4ece\u9732\u5929\u8f6c\u5411\u5730\u4e0b\u5f00\u91c7\uff0c\u672a\u6765\u4ea7\u80fd\u6709\u671b\u63d0\u5347\u3002\u6b64\u5916\uff0c\u8be5\u516c\u53f8\u5728\u79d8\u9c81\u7684Cerro Verde\u548c\u7f8e\u56fdMorenci\u77ff\u4e5f\u5728\u8d21\u732e\u7a33\u5b9a\u4ea7\u91cf\u3002<\/p>\n

4. \u5609\u80fd\u53ef\uff08Glencore\uff09<\/b><\/strong><\/h3>\n

\u4ea7\u91cf\uff1a95.16\u4e07\u5428<\/b><\/strong>
\n\u53d7\u667a\u5229\u79d1\u4e9a\u74e6\u897f\uff08Collahuasi\uff09\u77ff\u54c1\u4f4d\u4e0b\u964d\u548c\u6c34\u8d44\u6e90\u9650\u5236\u5f71\u54cd\uff0c\u5609\u80fd\u53ef2024\u5e74\u4ea7\u91cf\u540c\u6bd4\u51cf\u5c116%\u3002\u8be5\u516c\u53f8\u6b63\u5efa\u8bbe\u6d77\u6c34\u6de1\u5316\u5382\u4ee5\u89e3\u51b3\u4f9b\u6c34\u95ee\u9898\uff0c\u9884\u8ba12026\u5e74\u6295\u4ea7\u540e\u5c06\u7a33\u5b9a\u4ea7\u80fd\u3002\u521a\u679c\uff08\u91d1\uff09\u7684\u5361\u5766\u52a0\uff08Katanga\uff09\u94dc\u94b4\u77ff\u4e5f\u662f\u5176\u91cd\u8981\u94dc\u77ff\u8d44\u4ea7\u3002<\/p>\n

5. \u5357\u65b9\u94dc\u4e1a\uff08<\/b><\/strong>NYSE:SCCO<\/b><\/strong><\/a>\uff09<\/b><\/strong><\/h3>\n

\u4ea7\u91cf\uff1a88.35\u4e07\u5428<\/b><\/strong>
\nGrupo Mexico\u65d7\u4e0b\u7684\u5357\u65b9\u94dc\u4e1a\u516c\u53f8\uff08Southern Copper\uff09\u51ed\u501f\u79d8\u9c81\u548c\u58a8\u897f\u54e5\u7684\u94dc\u77ff\u5b9e\u73b0\u4ea7\u91cf\u589e\u957f6.9%\u3002\u5176\u5e03\u57c3\u7eb3\u7ef4\u65af\u5854\uff08Buenavista\uff09\u77ff\u662f\u5168\u7403\u6700\u5927\u6591\u5ca9\u94dc\u77ff\u4e4b\u4e00\u3002\u8be5\u516c\u53f8\u8fd8\u5728\u963f\u6839\u5ef7\u3001\u667a\u5229\u3001\u5384\u74dc\u591a\u5c14\u62e5\u6709\u94dc\u77ff\u9879\u76ee\u3002<\/p>\n

6. \u82f1\u7f8e\u8d44\u6e90\uff08Anglo American\uff09<\/b><\/strong><\/h3>\n

\u4ea7\u91cf\uff1a77.27\u4e07\u5428<\/b><\/strong>
\n\u53d7\u667a\u5229\u6d1b\u65af\u5e03\u6717\u65af\uff08Los Bronces\uff09\u77ff\u9009\u5382\u5173\u95ed\u5f71\u54cd\uff0c\u82f1\u7f8e\u8d44\u6e90\u94dc\u4ea7\u91cf\u4e0b\u964d6.5%\u3002\u5176\u79d8\u9c81\u594e\u62c9\u7ef4\u79d1\uff08Quellaveco\uff09\u65b0\u77ff2022\u5e74\u6295\u4ea7\uff0c2024\u5e74\u4ea7\u51fa6.75\u4ebf\u78c5\u94dc\uff0c\u6210\u4e3a\u672a\u6765\u589e\u957f\u5173\u952e\u3002<\/p>\n

7. \u6ce2\u5170\u94dc\u4e1a\uff08KGHM<\/b><\/strong>\u00a0Polska Miedz<\/b><\/strong>\uff09<\/b><\/strong><\/h3>\n

\u4ea7\u91cf\uff1a72.97\u4e07\u5428<\/b><\/strong>
\n\u6ce2\u5170\u94dc\u4e1a\u7684\u6838\u5fc3\u8d44\u4ea7\u662f\u672c\u56fd\u5883\u5185\u7684Polkowice-Sieroszowice\u77ff\uff0c\u5e74\u4ea7\u91cf\u7ea64.3\u4ebf\u78c5\u3002\u8be5\u516c\u53f8\u5728\u6ce2\u5170\u7684Rudna\u77ff\u548cLubin\u77ff\u53bb\u5e74\u94dc\u4ea7\u91cf\u5206\u522b\u8fbe3.38\u4ebf\u78c5\u548c1.56\u4ebf\u78c5\u3002<\/p>\n

8. \u6d1b\u9633\u94bc\u4e1a\uff08CMOC<\/b><\/strong>\u00a0Group<\/b><\/strong>\uff09<\/b><\/strong><\/h3>\n

\u4ea7\u91cf\uff1a50.26\u4e07\u5428<\/b><\/strong>
\n\u4e2d\u56fd\u6d1b\u9633\u94bc\u4e1a\u901a\u8fc7\u521a\u679c\uff08\u91d1\uff09\u7684Tenke Fungurume\u94dc\u94b4\u77ff\u5feb\u901f\u5d1b\u8d77\uff0c2024\u5e74\u4ea7\u91cf\u6fc0\u589e\u81f39.92\u4ebf\u78c5\u3002\u540c\u65f6\uff0c\u8be5\u516c\u53f8\u4e0e\u5b81\u5fb7\u65f6\u4ee3\u5408\u8d44\u7684Kisanfu\u77ff\u540c\u6837\u589e\u957f\u8fc5\u731b\u3002<\/p>\n

9. \u5b89\u6258\u6cd5\u52a0\u65af\u5854\uff08Antofagasta\uff09<\/b><\/strong><\/h3>\n

\u4ea7\u91cf\uff1a44.88\u4e07\u5428<\/b><\/strong>
\n\u667a\u5229\u77ff\u4e1a\u516c\u53f8\u5b89\u6258\u6cd5\u52a0\u65af\u5854\u7684Los Pelambres\u77ff2024\u5e74\u8d21\u732e\u4e8670%\u7684\u94dc\u4ea7\u91cf\u3002\u8be5\u516c\u53f8\u65d7\u4e0bCentinela\u77ff\u7684\u4e8c\u671f\u9009\u77ff\u5382\u5efa\u8bbe\u5b8c\u6210\u540e\uff0c\u5e74\u4ea7\u80fd\u5c06\u589e\u52a014.4\u4e07\u5428\u3002<\/p>\n

10. \u6cf0\u514b\u8d44\u6e90\uff08<\/b><\/strong>NYSE:<\/b><\/strong><\/a>TECK\uff09<\/b><\/strong><\/h3>\n

\u4ea7\u91cf\uff1a35.89\u4e07\u5428<\/b><\/strong>
\n\u52a0\u62ff\u5927\u6cf0\u514b\u8d44\u6e90\u56e0\u667a\u5229Quebrada Blanca\u77ff\u7684\u4ea7\u80fd\u91ca\u653e\uff0c2024\u5e74\u4ea7\u91cf\u98d9\u534750%\u3002\u5176\u52a0\u62ff\u5927Highland Valley\u94dc\u77ff\u4e5f\u662f\u5317\u7f8e\u91cd\u8981\u7684\u94dc\u4f9b\u5e94\u6765\u6e90\u3002<\/p>\n

\u672a\u6765\u6311\u6218\uff1a\u4f9b\u5e94\u74f6\u9888\u4e0e\u7eff\u8272\u8f6c\u578b<\/b><\/strong><\/p>\n

\u5206\u6790\u5e08\u6307\u51fa\uff0c\u94dc\u77ff\u9879\u76ee\u4ece\u53d1\u73b0\u5230\u6295\u4ea7\u5e73\u5747\u970015\u5e74\u4ee5\u4e0a\uff0c\u800c\u5168\u7403\u80fd\u6e90\u8f6c\u578b\u548c\u57ce\u5e02\u5316\u9700\u6c42\u5c06\u6301\u7eed\u63a8\u9ad8\u94dc\u4ef7\u3002\u5934\u90e8\u77ff\u4e1a\u516c\u53f8\u901a\u8fc7\u5e76\u8d2d\u548c\u6280\u672f\u5347\u7ea7\u5de9\u56fa\u5730\u4f4d\uff0c\u4f46\u5730\u7f18\u653f\u6cbb\uff08\u5982\u667a\u5229\u6c34\u8d44\u6e90\u7d27\u5f20\u3001\u521a\u679c\uff08\u91d1\uff09\u653f\u7b56\u98ce\u9669\uff09\u548c\u73af\u4fdd\u538b\u529b\u4ecd\u662f\u6f5c\u5728\u5a01\u80c1\u3002<\/p>\n

\u968f\u7740\u94dc\u7684\u201c\u65b0\u77f3\u6cb9\u201d\u5730\u4f4d\u786e\u7acb\uff0c\u8fd9\u4e9b\u77ff\u4e1a\u5de8\u5934\u7684\u6218\u7565\u5e03\u5c40\u5c06\u6df1\u523b\u5f71\u54cd\u5168\u7403\u80fd\u6e90\u4ea7\u4e1a\u94fe\u7684\u7a33\u5b9a\u6027\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

2024\u5e745\u6708\uff0c\u4f26\u6566\u91d1\u5c5e\u4ea4\u6613\u6240\uff08LME\uff09\u7684\u94dc\u4ef7\u521b\u4e0b\u5386\u53f2\u65b0\u9ad8\uff0c\u8fbe\u5230\u6bcf\u542810,954\u7f8e\u5143\uff08COMEX\u6bcf\u78c55.20\u7f8e […]<\/p>\n","protected":false},"author":31,"featured_media":570602,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[427,2196],"tags":[1402,1121,893,741],"class_list":["post-581659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hans","category-2196","tag-1402","tag-1121","tag-893","tag-741","sectors-base-metals-sch","sectors-mining-zh-hans","locations-china-zh-hans","locations-canada-zh-hans","locations-619","locations-849","locations-us-zh-hans","exchange-nyse-zh-hans","exchange-tsx-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/581659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=581659"}],"version-history":[{"count":1,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/581659\/revisions"}],"predecessor-version":[{"id":581684,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/581659\/revisions\/581684"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/570602"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=581659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=581659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=581659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}