{"id":618611,"date":"2026-02-03T17:24:03","date_gmt":"2026-02-04T01:24:03","guid":{"rendered":"https:\/\/nai500.com\/?p=618611"},"modified":"2026-02-03T17:24:03","modified_gmt":"2026-02-04T01:24:03","slug":"%e5%98%89%e8%83%bd%e5%8f%af%e5%87%ba%e5%94%ae%e5%88%9a%e6%9e%9c%e9%93%9c%e9%92%b4%e7%9f%bf%e8%82%a1%e6%9d%83%ef%bc%8c%e7%be%8e%e5%9b%bd%e5%9c%a8%e5%85%b3%e9%94%ae%e7%9f%bf%e4%ba%a7%e4%be%9b%e5%ba%94","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/02\/%e5%98%89%e8%83%bd%e5%8f%af%e5%87%ba%e5%94%ae%e5%88%9a%e6%9e%9c%e9%93%9c%e9%92%b4%e7%9f%bf%e8%82%a1%e6%9d%83%ef%bc%8c%e7%be%8e%e5%9b%bd%e5%9c%a8%e5%85%b3%e9%94%ae%e7%9f%bf%e4%ba%a7%e4%be%9b%e5%ba%94\/","title":{"rendered":"\u5609\u80fd\u53ef\u51fa\u552e\u521a\u679c\u94dc\u94b4\u77ff\u80a1\u6743\uff0c\u7f8e\u56fd\u5728\u5173\u952e\u77ff\u4ea7\u4f9b\u5e94\u94fe\u7684\u53c8\u4e00\u52a8\u4f5c"},"content":{"rendered":"

\u5168\u7403\u5927\u5b97\u5546\u54c1\u5de8\u5934\u5609\u80fd\u53ef\uff08Glencore\uff09\u6b63\u5411\u4e00\u4e2a\u7531\u7f8e\u56fd\u653f\u5e9c\u652f\u6301\u7684\u8d22\u56e2\u51fa\u552e\u4f4d\u4e8e\u521a\u679c\u6c11\u4e3b\u5171\u548c\u56fd\uff08DRC\uff09\u5173\u952e\u94dc\u94b4\u8d44\u4ea7\u7684\u90e8\u5206\u80a1\u6743\uff0c\u8fd9\u662f\u7f8e\u56fd\u53ca\u5176\u76df\u53cb\u4e3a\u786e\u4fdd\u80fd\u6e90\u8f6c\u578b\u6240\u9700\u5173\u952e\u77ff\u7269\u4f9b\u5e94\u800c\u91c7\u53d6\u7684\u6700\u65b0\u6218\u7565\u4e3e\u63aa\u3002\u3002\u6d88\u606f\u5ba3\u5e03\u540e\uff0c\u5609\u80fd\u53ef\u4f26\u6566\u80a1\u4ef7\u5f53\u65e5\u4e0a\u6da8\u7ea63%\uff0c\u5e02\u573a\u5bf9\u6b64\u6218\u7565\u4ea4\u6613\u53cd\u5e94\u79ef\u6781\u3002<\/p>\n

\u6839\u636e\u5468\u4e8c\u516c\u5e03\u7684\u534f\u8bae\uff0c\u5609\u80fd\u53ef\u4e0eOrion Critical Mineral Consortium\uff08Orion CMC\uff09\u7b7e\u7f72\u4e86\u4e00\u4efd\u975e\u7ea6\u675f\u6027\u8c05\u89e3\u5907\u5fd8\u5f55\u3002Orion CMC\u5c06\u6536\u8d2d\u5609\u80fd\u53ef\u5728\u521a\u679cMutanda Mining\uff08MUMI\uff09\u548cKamoto Copper Company\uff08KCC\uff09\u8fd9\u4e24\u5927\u6838\u5fc3\u8d44\u4ea7\u4e2d40%\u7684\u6743\u76ca\uff0c\u4ea4\u6613\u5bf9\u5e94\u7684\u4f01\u4e1a\u4f30\u503c\u9ad8\u8fbe\u7ea690\u4ebf\u7f8e\u5143\u3002<\/p>\n

\u6b64\u6b21\u4ea4\u6613\u6d89\u53ca\u7684Mutanda\u548cKamoto\u77ff\u573a\u4f4d\u4e8e\u521a\u679c\u7684\u5362\u963f\u62c9\u5df4\u7701\uff0c\u5747\u662f\u5927\u578b\u94dc\u9634\u6781\u548c\u6c22\u6c27\u5316\u94b4\u751f\u4ea7\u5546\u3002\u6570\u636e\u663e\u793a\uff0c\u8fd9\u4e24\u5ea7\u77ff\u573a\u53bb\u5e74\u751f\u4ea7\u4e86\u7ea624.78\u4e07\u5428\u94dc\uff0c\u5360\u5609\u80fd\u53ef\u5168\u7403\u94dc\u4ea7\u91cf\u7684\u8fd130%\uff1b\u540c\u65f6\u751f\u4ea7\u4e863.51\u4e07\u5428\u94b4\uff0c\u8fdb\u4e00\u6b65\u5de9\u56fa\u4e86\u521a\u679c\u4f5c\u4e3a\u5168\u7403\u6700\u5927\u94b4\u4f9b\u5e94\u56fd\u7684\u5730\u4f4d\u3002\u5609\u80fd\u53ef\u9996\u5e2d\u6267\u884c\u5b98Gary Nagle\u8868\u793a\uff0c\u6b64\u4e3e\u8ba4\u53ef\u4e86\u5609\u80fd\u53ef\u4f5c\u4e3a\u201c\u521a\u679c\u552f\u4e00\u4e3b\u8981\u7684\u897f\u65b9\u94dc\u94b4\u751f\u4ea7\u5546\u201d\u7684\u5730\u4f4d\u3002<\/p>\n

\u4e70\u65b9\u5177\u5907\u6df1\u539a\u7f8e\u8d44\u80cc\u666f<\/h2>\n

Orion CMC\u5e76\u975e\u666e\u901a\u5546\u4e1a\u673a\u6784\u3002\u5b83\u7531Orion Resource Partners\u4e8e\u53bb\u5e7410\u6708\u7275\u5934\u6210\u7acb\uff0c\u5e76\u83b7\u5f97\u4e86\u963f\u5e03\u624e\u6bd4\u4e3b\u6743\u8d22\u5bcc\u57fa\u91d1ADQ\u4ee5\u53ca\u7f8e\u56fd\u56fd\u9645\u5f00\u53d1\u91d1\u878d\u516c\u53f8\uff08DFC\uff09\u7684\u652f\u6301\u3002\u8be5\u8054\u76df\u660e\u786e\u5ba3\u79f0\u5176\u76ee\u6807\u662f\u6295\u8d44\u81f3\u5c1150\u4ebf\u7f8e\u5143\uff0c\u4ee5\u652f\u6301\u7f8e\u56fd\u53ca\u5176\u76df\u53cb\u83b7\u53d6\u5173\u952e\u77ff\u4ea7\u3002<\/p>\n

\u7f8e\u56fdDFC\u9996\u5e2d\u6267\u884c\u5b98Ben Black\u5bf9\u6b64\u4ea4\u6613\u8bc4\u8bba\u79f0\uff0c\u8fd9\u9879\u6f5c\u5728\u6295\u8d44\u201c\u53cd\u6620\u4e86\u7f8e\u56fd\u4e0e\u521a\u679c\u4e4b\u95f4\u4e0d\u65ad\u589e\u957f\u7684\u5173\u7cfb\uff0c\u6709\u52a9\u4e8e\u4e3a\u7f8e\u56fd\u53ca\u6211\u4eec\u7684\u5408\u4f5c\u4f19\u4f34\u786e\u4fdd\u5173\u952e\u77ff\u4ea7\u7684\u53ef\u9760\u6765\u6e90\u3002\u201d\u7f8e\u56fd\u526f\u56fd\u52a1\u537fChristopher Landau\u4e5f\u6307\u51fa\uff0c\u8be5\u4ea4\u6613\u7b26\u5408\u7f8e\u521a\u6218\u7565\u5408\u4f5c\u4f19\u4f34\u5173\u7cfb\u7684\u6838\u5fc3\u76ee\u6807\uff0c\u5373\u9f13\u52b1\u66f4\u591a\u7f8e\u56fd\u6295\u8d44\u4e8e\u521a\u679c\u91c7\u77ff\u4e1a\uff0c\u5e76\u4fc3\u8fdb\u4e24\u56fd\u95f4\u5b89\u5168\u3001\u53ef\u9760\u3001\u4e92\u5229\u7684\u5173\u952e\u77ff\u7269\u6d41\u52a8\u3002<\/p>\n

\u9664\u4e86\u8d22\u52a1\u6295\u8d44\uff0c\u4ea4\u6613\u6761\u6b3e\u9887\u5177\u6218\u7565\u8272\u5f69\u3002\u6839\u636e\u534f\u8bae\uff0cOrion CMC\u6709\u6743\u4e3a\u76f8\u5173\u8d44\u4ea7\u4efb\u547d\u975e\u6267\u884c\u8463\u4e8b\uff0c\u5e76\u53ef\u6839\u636e\u300a\u7f8e\u521a\u6218\u7565\u4f19\u4f34\u5173\u7cfb\u534f\u8bae\u300b\u5c06\u76f8\u5e94\u4efd\u989d\u7684\u77ff\u4ea7\u4ea7\u91cf\u5b9a\u5411\u9500\u552e\u7ed9\u6307\u5b9a\u4e70\u5bb6\u3002\u8fd9\u76f4\u63a5\u670d\u52a1\u4e8e\u7f8e\u56fd\u5efa\u7acb\u201c\u5b89\u5168\u3001\u8d1f\u8d23\u4efb\u4e14\u6709\u97e7\u6027\u201d\u7684\u5173\u952e\u77ff\u4ea7\u4f9b\u5e94\u94fe\u7684\u76ee\u6807\u3002\u4ea4\u6613\u5b8c\u6210\u540e\uff0c\u8fd9\u4e24\u5ea7\u77ff\u573a\u4ecd\u5c06\u4f5c\u4e3a\u5609\u80fd\u53ef\u96c6\u56e2\u7684\u4e00\u90e8\u5206\u8fdb\u884c\u7ba1\u7406\u3002<\/p>\n

\u66f4\u5927\u7684\u68cb\u5c40<\/h2>\n

\u6b64\u4e3e\u6b63\u503c\u5609\u80fd\u53ef\u81ea\u8eab\u63a8\u8fdb\u4e0e\u529b\u62d3\uff08Rio Tinto\uff09\u7684\u6f5c\u5728\u5408\u5e76\u8c08\u5224\u4e4b\u9645\uff0c\u82e5\u5408\u5e76\u6210\u529f\u5c06\u521b\u9020\u4e00\u4e2a\u5e02\u503c\u8d852000\u4ebf\u7f8e\u5143\u7684\u94dc\u4e1a\u5de8\u5934\u3002\u51fa\u552e\u90e8\u5206\u521a\u679c\u8d44\u4ea7\u80a1\u6743\u6709\u52a9\u4e8e\u5609\u80fd\u53ef\u5728\u8fdb\u884c\u91cd\u5927\u6218\u7565\u91cd\u7ec4\u65f6\u4f18\u5316\u8d44\u4ea7\u7ed3\u6784\uff0c\u5f15\u5165\u5408\u4f5c\u4f19\u4f34\u5e76\u964d\u4f4e\u5728\u521a\u679c\u8fd9\u4e00\u590d\u6742\u91c7\u77ff\u8f96\u533a\u7684\u8fd0\u8425\u98ce\u9669\u3002<\/p>\n

\u540c\u65f6\uff0c\u8fd9\u4e5f\u662f\u7f8e\u56fd\u5728\u521a\u679c\u5173\u952e\u77ff\u4ea7\u9886\u57df\u7684\u6700\u65b0\u5e03\u5c40\u3002\u53bb\u5e7412\u6708\uff0cDFC\u5df2\u627f\u8bfa\u6295\u5165\u8d85\u8fc710\u4ebf\u7f8e\u5143\uff0c\u7528\u4e8e\u652f\u6301\u5305\u62ec\u521a\u679c\u56fd\u6709\u77ff\u4f01G\u00e9camines\u4e0e\u5927\u5b97\u5546\u54c1\u8d38\u6613\u5546\u6469\u79d1\u745e\uff08Mercuria\uff09\u7684\u65b0\u5408\u8d44\u4f01\u4e1a\u5728\u5185\u7684\u9879\u76ee\u3002<\/p>\n

\u5bf9\u4e8e\u521a\u679c\u800c\u8a00\uff0c\u8fd9\u9879\u4ea4\u6613\u88ab\u89c6\u4e3a\u5438\u5f15\u5916\u8d44\u52aa\u529b\u7684\u91cd\u8981\u80af\u5b9a\u3002\u5609\u80fd\u53ef\u8868\u793a\uff0c\u4ea4\u6613\u5b8c\u6210\u540e\uff0c\u53cc\u65b9\u5c06\u4e0e\u521a\u679c\u653f\u5e9c\u53ca\u5609\u80fd\u53ef\u7684\u73b0\u6709\u5408\u4f5c\u4f19\u4f34G\u00e9camines\u5171\u540c\u5bfb\u6c42\u6269\u5927\u548c\u53d1\u5c55\u8d44\u4ea7\u7684\u673a\u4f1a\uff0c\u5e76\u5c06\u5728\u521a\u679c\u4e43\u81f3\u66f4\u5e7f\u9614\u7684\u975e\u6d32\u94dc\u5e26\u5bfb\u627e\u989d\u5916\u7684\u5173\u952e\u77ff\u4ea7\u9879\u76ee\u3002<\/p>\n

\u76ee\u524d\uff0c\u8be5\u4ea4\u6613\u4ecd\u9700\u5b8c\u6210\u5c3d\u804c\u8c03\u67e5\uff0c\u5177\u6709\u6cd5\u5f8b\u7ea6\u675f\u529b\u7684\u6700\u7ec8\u534f\u8bae\u7b7e\u7f72\u4ee5\u53ca\u76f8\u5173\u76d1\u7ba1\u6279\u51c6\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u5168\u7403\u5927\u5b97\u5546\u54c1\u5de8\u5934\u5609\u80fd\u53ef\uff08Glencore\uff09\u6b63\u5411\u4e00\u4e2a\u7531\u7f8e\u56fd\u653f\u5e9c\u652f\u6301\u7684\u8d22\u56e2\u51fa\u552e\u4f4d\u4e8e\u521a\u679c\u6c11\u4e3b\u5171\u548c\u56fd\uff08DRC\uff09\u5173\u952e\u94dc\u94b4 […]<\/p>\n","protected":false},"author":27,"featured_media":490025,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430,2196],"tags":[766,661,746,741],"class_list":["post-618611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","category-2196","tag-766","tag-661","tag-746","tag-741","sectors-base-metals-sch","sectors-energy-metals-sch","locations-us-zh-hans","locations-africa-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/618611","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\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=618611"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/618611\/revisions"}],"predecessor-version":[{"id":618614,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/618611\/revisions\/618614"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/490025"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=618611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=618611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=618611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}