{"id":648576,"date":"2026-07-07T01:46:20","date_gmt":"2026-07-07T08:46:20","guid":{"rendered":"https:\/\/nai500.com\/?p=648576"},"modified":"2026-07-07T01:46:20","modified_gmt":"2026-07-07T08:46:20","slug":"%e9%93%9c%e7%9f%bf%e9%9c%80%e6%b1%82%e5%89%8d%e6%99%af%e6%98%8e%e6%9c%97%e4%b8%89%e5%a4%a7%e7%9f%bf%e4%b8%9a%e5%b7%a8%e5%a4%b4%e5%b8%83%e5%b1%80-2026","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/07\/%e9%93%9c%e7%9f%bf%e9%9c%80%e6%b1%82%e5%89%8d%e6%99%af%e6%98%8e%e6%9c%97%e4%b8%89%e5%a4%a7%e7%9f%bf%e4%b8%9a%e5%b7%a8%e5%a4%b4%e5%b8%83%e5%b1%80-2026\/","title":{"rendered":"\u94dc\u77ff\u9700\u6c42\u524d\u666f\u660e\u6717\uff0c\u4e09\u5927\u77ff\u4e1a\u5de8\u5934\u5e03\u5c402026"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">\u968f\u7740\u5168\u7403\u80fd\u6e90\u8f6c\u578b\u52a0\u901f\u63a8\u8fdb\uff0c\u94dc\u4f5c\u4e3a\u5173\u952e\u5de5\u4e1a\u91d1\u5c5e\u7684\u6218\u7565\u4ef7\u503c\u65e5\u76ca\u51f8\u663e\u3002\u6839\u636e\u5168\u7403\u9886\u5148\u77ff\u4e1a\u516c\u53f8BHP Group\uff08<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=BHP\"><span class=\"s2\">BHP<\/span><\/a>\uff09\u7684\u4f30\u7b97\uff0c\u52302050\u5e74\uff0c\u5168\u7403\u94dc\u9700\u6c42\u9884\u8ba1\u5c06\u6fc0\u589e70%\u3002\u8fd9\u4e00\u589e\u957f\u7684\u4e3b\u8981\u9a71\u52a8\u529b\u5305\u62ec\u4eba\u5de5\u667a\u80fd\u6570\u636e\u4e2d\u5fc3\u7684\u57fa\u7840\u8bbe\u65bd\u5efa\u8bbe\u3001\u4ea4\u901a\u8fd0\u8f93\u9886\u57df\u7684\u7535\u6c14\u5316\u8fdb\u7a0b\u4ee5\u53ca\u53ef\u518d\u751f\u80fd\u6e90\u7684\u751f\u4ea7\u3002\u6570\u636e\u663e\u793a\uff0c\u7535\u52a8\u6c7d\u8f66\u7684\u94dc\u7528\u91cf\u7ea6\u4e3a\u4f20\u7edf\u6c7d\u8f66\u7684\u56db\u500d\uff0c\u800c\u6bcf\u5146\u74e6\u98ce\u529b\u53d1\u7535\u88c5\u673a\u5bb9\u91cf\u9700\u6d88\u8017\u7ea63\u516c\u5428\u94dc\u3002\u5728\u6b64\u80cc\u666f\u4e0b\uff0c\u94dc\u884c\u4e1a\u524d\u666f\u88ab\u666e\u904d\u770b\u597d\uff0c\u5e02\u573a\u9884\u671f\u94dc\u4ef7\u5728\u672a\u6765\u6570\u5e74\u6709\u671b\u663e\u8457\u8d70\u9ad8\u3002<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u4f9d\u636e\u7f8e\u56fd\u5730\u8d28\u8c03\u67e5\u5c40\u7684\u6570\u636e\uff0c\u94dc\u662f\u5168\u7403\u7b2c\u4e09\u5927\u6d88\u8017\u91cf\u5de5\u4e1a\u91d1\u5c5e\uff0c\u4ec5\u6b21\u4e8e\u94c1\u77ff\u77f3\u548c\u94dd\u3002\u5c3d\u7ba1\u4f17\u591a\u77ff\u4e1a\u4f01\u4e1a\u6d89\u8db3\u94dc\u5f00\u91c7\uff0c\u4f46\u4ec5\u6709\u5c11\u6570\u5177\u5907\u901a\u8fc7\u81ea\u6709\u50a8\u91cf\u548c\u5546\u4e1a\u53ef\u884c\u6269\u4ea7\u9879\u76ee\u6765\u6301\u7eed\u63d0\u5347\u4ea7\u91cf\u7684\u80fd\u529b\uff0c\u8fd9\u4e9b\u4f18\u52bf\u4f7f\u5176\u80fd\u591f\u5145\u5206\u628a\u63e1\u884c\u4e1a\u589e\u957f\u673a\u9047\u3002\u4ee5\u4e0b\u4e3a\u4e09\u5bb6\u503c\u5f97\u5173\u6ce8\u7684\u94dc\u4e1a\u9f99\u5934\u4f01\u4e1a\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">BHP Group\uff1a\u5168\u7403\u8d44\u6e90\u5de8\u5934\u7684\u94dc\u6269\u5f20\u6218\u7565<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">\u603b\u90e8\u4f4d\u4e8e\u6fb3\u5927\u5229\u4e9a\u7684BHP Group\u662f\u5168\u7403\u9886\u5148\u7684\u81ea\u7136\u77ff\u4ea7\u8d44\u6e90\u751f\u4ea7\u5546\uff0c\u4e1a\u52a1\u6db5\u76d6\u94dc\u3001\u94c1\u77ff\u77f3\u3001\u954d\u3001\u51b6\u91d1\u7164\u53ca\u94be\u80a5\u3002\u516c\u53f8\u5728\u5357\u7f8e\u6d32\u8fd0\u8425\u591a\u5ea7\u94dc\u77ff\uff0c\u5176\u4e2d\u5305\u62ec\u5168\u7403\u6700\u5927\u94dc\u77ff\u57c3\u65af\u5eb7\u8fea\u8fbe\uff0c\u540c\u65f6\u5728\u6fb3\u5927\u5229\u4e9a\u4e5f\u62e5\u6709\u94dc\u77ff\u8d44\u4ea7\u3002BHP\u9884\u8ba1\uff0c\u51762026\u5e74\u94dc\u4ea7\u91cf\u5c06\u8fbe\u5230180\u4e07\u81f3200\u4e07\u5428\u3002\u4e3a\u5e94\u5bf9\u65e5\u76ca\u589e\u957f\u7684\u5e02\u573a\u9700\u6c42\uff0c\u516c\u53f8\u6b63\u5927\u529b\u6295\u8d44\u6269\u5c55\u73b0\u6709\u77ff\u533a\u7684\u94dc\u4ea7\u80fd\u3002<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u6b64\u5916\uff0cBHP\u4e0eRio Tinto\u5171\u540c\u6301\u6709\u4f4d\u4e8e\u7f8e\u56fd\u4e9a\u5229\u6851\u90a3\u5dde\u7684Resolution Copper\u9879\u76ee\uff0cBHP\u536045%\u80a1\u4efd\u3002\u8be5\u9879\u76ee\u662f\u5168\u7403\u6700\u5927\u7684\u672a\u5f00\u53d1\u94dc\u77ff\u4e4b\u4e00\uff0c\u9884\u8ba1\u5efa\u8bbe\u5468\u671f\u4e3a8\u81f310\u5e74\uff0c\u603b\u6295\u8d44\u4f30\u7b97\u8fbe640\u4ebf\u7f8e\u5143\u3002\u6295\u4ea7\u540e\uff0c\u8be5\u9879\u76ee\u6709\u671b\u572840\u5e74\u5185\u751f\u4ea7400\u4ebf\u78c5\u94dc\uff0c\u7ea6\u5360\u7f8e\u56fd\u9884\u8ba1\u94dc\u9700\u6c42\u603b\u91cf\u7684\u56db\u5206\u4e4b\u4e00\u3002<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">2026\u5e747\u6708\uff0cBHP\u542f\u52a8\u4e86\u667a\u5229Cerro Colorado\u94dc\u77ff\u7684\u590d\u4ea7\u7a0b\u5e8f\uff0c\u8be5\u77ff\u56e0\u672a\u80fd\u83b7\u5f97\u7528\u6c34\u8bb8\u53ef\u4e8e2023\u5e74\u5173\u95ed\u3002\u516c\u53f8\u8ba1\u5212\u6295\u8d4415\u4ebf\u7f8e\u5143\uff0c\u901a\u8fc7\u94fa\u8bbe\u7ba1\u9053\u5f15\u5165\u5904\u7406\u540e\u7684\u5e9f\u6c34\uff0c\u4ee5\u7ef4\u6301\u8be5\u77ff\u672a\u6765\u4e8c\u5341\u5e74\u7684\u8fd0\u8425\u3002\u540c\u65f6\uff0cBHP\u6b63\u8003\u8651\u5728\u975e\u6d32\u7b2c\u4e8c\u5927\u94dc\u4ea7\u56fd\u8d5e\u6bd4\u4e9a\u5f00\u5c55\u5927\u89c4\u6a21\u94dc\u52d8\u63a2\u9879\u76ee\u3002\u516c\u53f8\u89c4\u5212\u52302035\u5e74\uff0c\u5b9e\u73b0\u94dc\u5f53\u91cf\u4ea7\u91cf\u5e74\u5747\u589e\u957f3%\u81f34%\u3002BHP\u8868\u793a\uff0c\u4e0d\u65ad\u589e\u957f\u7684\u94dc\u4ea7\u91cf\u5c06\u4e3a\u80a1\u4e1c\u5e26\u6765\u66f4\u9ad8\u7684\u80a1\u606f\u56de\u62a5\uff0c\u516c\u53f8\u76ee\u6807\u662f\u5c06\u6bcf\u5e74\u81f3\u5c1150%\u7684\u73b0\u91d1\u6d41\u7528\u4e8e\u6d3e\u606f\uff0c\u5e76\u5e38\u4ee5\u8d85\u989d\u73b0\u91d1\u8fdb\u884c\u989d\u5916\u5206\u7ea2\u548c\u80a1\u7968\u56de\u8d2d\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Freeport-McMoRan\uff1a\u5168\u7403\u6700\u5927\u4e0a\u5e02\u94dc\u4f01\u7684\u4ea7\u80fd\u63d0\u5347\u8ba1\u5212<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Freeport-McMoRan\uff08<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=FCX\"><span class=\"s2\">FCX<\/span><\/a>\uff09\u662f\u5168\u7403\u6700\u5927\u7684\u4e0a\u5e02\u94dc\u4e1a\u516c\u53f8\uff0c\u540c\u65f6\u751f\u4ea7\u9ec4\u91d1\u548c\u94bc\u3002\u5176\u6838\u5fc3\u8d44\u4ea7\u4e3a\u5370\u5c3c\u7684Grasberg\u77ff\uff0c\u8be5\u77ff\u662f\u5168\u7403\u6700\u5927\u7684\u94dc\u91d1\u77ff\u4e4b\u4e00\u3002\u6b64\u5916\uff0c\u516c\u53f8\u5728\u7f8e\u56fd\u4e9a\u5229\u6851\u90a3\u5dde\u548c\u79d8\u9c81\u4e5f\u8fd0\u8425\u5927\u578b\u77ff\u5c71\u30022025\u5e74\uff0cFreeport\u94dc\u4ea7\u91cf\u8fbe34\u4ebf\u78c5\uff0c\u5176\u4e1a\u52a1\u5360\u7f8e\u56fd\u7cbe\u70bc\u94dc\u603b\u4ea7\u91cf\u768470%\u3002<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Freeport\u62e5\u6709\u4e30\u5bcc\u7684\u6709\u673a\u6269\u4ea7\u9879\u76ee\u50a8\u5907\u3002\u901a\u8fc7\u6539\u8fdb\u6d78\u51fa\u5de5\u827a\u548c\u6f5c\u5728\u7684\u6280\u672f\u53d8\u66f4\uff0c\u516c\u53f8\u9884\u8ba1\u52302030\u5e74\u5e95\uff0c\u5e74\u4ea7\u80fd\u53ef\u589e\u52a08\u4ebf\u78c5\u3002\u4e2d\u957f\u671f\u770b\uff0c\u4e9a\u5229\u6851\u90a3\u5ddeBagdad\u6269\u5efa\u9879\u76ee\uff08\u6295\u8d4435\u4ebf\u7f8e\u5143\uff09\u548c\u667a\u5229El Abra\u6269\u5efa\u9879\u76ee\uff08\u6295\u8d4475\u4ebf\u7f8e\u5143\uff09\u7b49\uff0c\u5c06\u8fdb\u4e00\u6b65\u63d0\u5347\u5176\u4ea7\u80fd\u3002\u516c\u53f8\u8bbe\u5b9a\u4e86\u5c06\u6700\u591a50%\u7684\u8fc7\u5269\u73b0\u91d1\u6d41\u7528\u4e8e\u80a1\u4e1c\u56de\u62a5\uff08\u5305\u62ec\u80a1\u606f\u548c\u80a1\u7968\u56de\u8d2d\uff09\u7684\u6846\u67b6\uff0c\u4e0d\u65ad\u589e\u5f3a\u7684\u94dc\u4ea7\u91cf\u5c06\u652f\u6491\u8fd9\u4e00\u56de\u62a5\u673a\u5236\u7684\u6301\u7eed\u5b9e\u65bd\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Teck Resources\uff1a\u5408\u5e76\u6253\u9020\u94dc\u4e1a\u65b0\u5de8\u5934<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">\u52a0\u62ff\u5927\u77ff\u4e1a\u516c\u53f8Teck Resources\uff08<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=TECK\"><span class=\"s2\">TECK<\/span><\/a>\uff09\u5728\u5357\u5317\u7f8e\u6d32\u62e5\u6709\u4e16\u754c\u7ea7\u7684\u94dc\u548c\u950c\u4e1a\u52a1\uff0c\u4ee5\u53ca\u884c\u4e1a\u9886\u5148\u7684\u94dc\u589e\u957f\u9879\u76ee\u7ba1\u7ebf\u30022025\u5e74\u5e95\uff0cTeck\u4e0eAnglo American\u8fbe\u6210\u5bf9\u7b49\u5408\u5e76\u534f\u8bae\u3002\u4ea4\u6613\u5b8c\u6210\u540e\uff0c\u65b0\u516c\u53f8\u547d\u540d\u4e3aAnglo Teck\uff0c\u94dc\u4ea7\u91cf\u5c06\u5360\u5176\u603b\u4ea7\u91cf\u768470%\u4ee5\u4e0a\uff0c\u6210\u4e3a\u4e00\u5bb6\u89c4\u6a21\u66f4\u5927\u3001\u4ee5\u94dc\u4e3a\u6838\u5fc3\u7684\u77ff\u4e1a\u4f01\u4e1a\u3002Anglo Teck\u5c06\u6301\u6709\u6a2a\u8de8\u52a0\u62ff\u5927\u3001\u667a\u5229\u548c\u79d8\u9c81\u7684\u4e94\u5ea7\u9886\u5148\u94dc\u77ff\u6743\u76ca\uff0c\u8dfb\u8eab\u5168\u7403\u524d\u4e94\u5927\u94dc\u751f\u4ea7\u5546\uff0c\u5e76\u5177\u5907\u663e\u8457\u7684\u589e\u957f\u6f5c\u529b\uff0c\u9884\u8ba1\u52302027\u5e74\u4ea7\u91cf\u5c06\u589e\u957f10%\u3002\u8be5\u5408\u5e76\u4ea4\u6613\u9884\u8ba1\u4e8e2027\u5e74\u521d\u5b8c\u6210\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">\u603b\u7ed3<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">\u603b\u4f53\u6765\u770b\uff0c\u5728\u5168\u7403\u7535\u6c14\u5316\u4e0e\u78b3\u4e2d\u548c\u8d8b\u52bf\u63a8\u52a8\u4e0b\uff0c\u94dc\u7684\u957f\u671f\u9700\u6c42\u5df2\u88ab\u5934\u90e8\u77ff\u4f01\u666e\u904d\u770b\u597d\u3002BHP Group\u3001Freeport-McMoRan\u548cTeck Resources\uff08\u53ca\u5176\u5408\u5e76\u540e\u7684Anglo Teck\uff09\u51ed\u501f\u5176\u5e9e\u5927\u7684\u8d44\u6e90\u50a8\u5907\u3001\u6e05\u6670\u7684\u6269\u4ea7\u8ba1\u5212\u548c\u5bf9\u80a1\u4e1c\u56de\u62a5\u7684\u627f\u8bfa\uff0c\u6210\u4e3a2026\u5e74\u53ca\u672a\u6765\u94dc\u5e02\u573a\u503c\u5f97\u5173\u6ce8\u7684\u4e3b\u8981\u53c2\u4e0e\u8005\u3002\u8fd9\u4e9b\u4f01\u4e1a\u7684\u6218\u7565\u5e03\u5c40\u4e0d\u4ec5\u53cd\u6620\u4e86\u5bf9\u94dc\u4ef7\u8d70\u5f3a\u7684\u9884\u671f\uff0c\u4e5f\u9884\u793a\u7740\u884c\u4e1a\u96c6\u4e2d\u5ea6\u4e0e\u4ea7\u80fd\u6269\u5f20\u7684\u65b0\u9636\u6bb5\u3002<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u968f\u7740\u5168\u7403\u80fd\u6e90\u8f6c\u578b\u52a0\u901f\u63a8\u8fdb\uff0c\u94dc\u4f5c\u4e3a\u5173\u952e\u5de5\u4e1a\u91d1\u5c5e\u7684\u6218\u7565\u4ef7\u503c\u65e5\u76ca\u51f8\u663e\u3002\u6839\u636e\u5168\u7403\u9886\u5148\u77ff\u4e1a\u516c\u53f8BHP Group\uff08BHP [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":597231,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[427],"tags":[1402,893,2598,741],"class_list":["post-648576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hans","tag-1402","tag-893","tag-2598","tag-741","sectors-base-metals-sch","sectors-energy-metals-sch","locations-us-zh-hans","exchange-nyse-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/648576","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=648576"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/648576\/revisions"}],"predecessor-version":[{"id":648579,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/648576\/revisions\/648579"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/597231"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=648576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=648576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=648576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}