{"id":618615,"date":"2026-02-03T17:24:04","date_gmt":"2026-02-04T01:24:04","guid":{"rendered":"https:\/\/nai500.com\/?p=618615"},"modified":"2026-02-03T17:24:04","modified_gmt":"2026-02-04T01:24:04","slug":"%e5%98%89%e8%83%bd%e5%8f%af%e5%87%ba%e5%94%ae%e5%89%9b%e6%9e%9c%e9%8a%85%e9%88%b7%e7%a4%a6%e8%82%a1%e6%ac%8a%ef%bc%8c%e7%be%8e%e5%9c%8b%e5%9c%a8%e9%97%9c%e9%8d%b5%e7%a4%a6%e7%94%a2%e4%be%9b%e6%87%89","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/02\/%e5%98%89%e8%83%bd%e5%8f%af%e5%87%ba%e5%94%ae%e5%89%9b%e6%9e%9c%e9%8a%85%e9%88%b7%e7%a4%a6%e8%82%a1%e6%ac%8a%ef%bc%8c%e7%be%8e%e5%9c%8b%e5%9c%a8%e9%97%9c%e9%8d%b5%e7%a4%a6%e7%94%a2%e4%be%9b%e6%87%89\/","title":{"rendered":"\u5609\u80fd\u53ef\u51fa\u552e\u525b\u679c\u9285\u9237\u7926\u80a1\u6b0a\uff0c\u7f8e\u570b\u5728\u95dc\u9375\u7926\u7522\u4f9b\u61c9\u93c8\u7684\u53c8\u4e00\u52d5\u4f5c"},"content":{"rendered":"

\u5168\u7403\u5927\u5b97\u5546\u54c1\u5de8\u982d\u5609\u80fd\u53ef\uff08Glencore\uff09\u6b63\u5411\u4e00\u500b\u7531\u7f8e\u570b\u653f\u5e9c\u652f\u6301\u7684\u8ca1\u5718\u51fa\u552e\u4f4d\u65bc\u525b\u679c\u6c11\u4e3b\u5171\u548c\u570b\uff08DRC\uff09\u95dc\u9375\u9285\u9237\u8cc7\u7522\u7684\u90e8\u5206\u80a1\u6b0a\uff0c\u9019\u662f\u7f8e\u570b\u53ca\u5176\u76df\u53cb\u70ba\u78ba\u4fdd\u80fd\u6e90\u8f49\u578b\u6240\u9700\u95dc\u9375\u7926\u7269\u4f9b\u61c9\u800c\u63a1\u53d6\u7684\u6700\u65b0\u6230\u7565\u8209\u63aa\u3002\u3002\u6d88\u606f\u5ba3\u4f48\u5f8c\uff0c\u5609\u80fd\u53ef\u502b\u6566\u80a1\u50f9\u7576\u65e5\u4e0a\u6f32\u7d043%\uff0c\u5e02\u5834\u5c0d\u6b64\u6230\u7565\u4ea4\u6613\u53cd\u61c9\u7a4d\u6975\u3002<\/p>\n

\u6839\u64da\u9031\u4e8c\u516c\u4f48\u7684\u5354\u8b70\uff0c\u5609\u80fd\u53ef\u8207Orion Critical Mineral Consortium\uff08Orion CMC\uff09\u7c3d\u7f72\u4e86\u4e00\u4efd\u975e\u7d04\u675f\u6027\u8ad2\u89e3\u5099\u5fd8\u9304\u3002Orion CMC\u5c07\u6536\u8cfc\u5609\u80fd\u53ef\u5728\u525b\u679cMutanda Mining\uff08MUMI\uff09\u548cKamoto Copper Company\uff08KCC\uff09\u9019\u5169\u5927\u6838\u5fc3\u8cc7\u7522\u4e2d40%\u7684\u6b0a\u76ca\uff0c\u4ea4\u6613\u5c0d\u61c9\u7684\u4f01\u696d\u4f30\u503c\u9ad8\u9054\u7d0490\u5104\u7f8e\u5143\u3002<\/p>\n

\u6b64\u6b21\u4ea4\u6613\u6d89\u53ca\u7684Mutanda\u548cKamoto\u7926\u5834\u4f4d\u65bc\u525b\u679c\u7684\u76e7\u963f\u62c9\u5df4\u7701\uff0c\u5747\u662f\u5927\u578b\u9285\u9670\u6975\u548c\u6c2b\u6c27\u5316\u9237\u751f\u7522\u5546\u3002\u6578\u64da\u986f\u793a\uff0c\u9019\u5169\u5ea7\u7926\u5834\u53bb\u5e74\u751f\u7522\u4e86\u7d0424.78\u842c\u5678\u9285\uff0c\u5360\u5609\u80fd\u53ef\u5168\u7403\u9285\u7522\u91cf\u7684\u8fd130%\uff1b\u540c\u6642\u751f\u7522\u4e863.51\u842c\u5678\u9237\uff0c\u9032\u4e00\u6b65\u978f\u56fa\u4e86\u525b\u679c\u4f5c\u70ba\u5168\u7403\u6700\u5927\u9237\u4f9b\u61c9\u570b\u7684\u5730\u4f4d\u3002\u5609\u80fd\u53ef\u9996\u5e2d\u57f7\u884c\u5b98Gary Nagle\u8868\u793a\uff0c\u6b64\u8209\u8a8d\u53ef\u4e86\u5609\u80fd\u53ef\u4f5c\u70ba\u201c\u525b\u679c\u552f\u4e00\u4e3b\u8981\u7684\u897f\u65b9\u9285\u9237\u751f\u7522\u5546\u201d\u7684\u5730\u4f4d\u3002<\/p>\n

\u8cb7\u65b9\u5177\u5099\u6df1\u539a\u7f8e\u8cc7\u80cc\u666f<\/h2>\n

Orion CMC\u4e26\u975e\u666e\u901a\u5546\u696d\u6a5f\u69cb\u3002\u5b83\u7531Orion Resource Partners\u65bc\u53bb\u5e7410\u6708\u727d\u982d\u6210\u7acb\uff0c\u4e26\u7372\u5f97\u4e86\u963f\u5e03\u7d2e\u6bd4\u4e3b\u6b0a\u8ca1\u5bcc\u57fa\u91d1ADQ\u4ee5\u53ca\u7f8e\u570b\u570b\u969b\u958b\u767c\u91d1\u878d\u516c\u53f8\uff08DFC\uff09\u7684\u652f\u6301\u3002\u8a72\u806f\u76df\u660e\u78ba\u5ba3\u7a31\u5176\u76ee\u6a19\u662f\u6295\u8cc7\u81f3\u5c1150\u5104\u7f8e\u5143\uff0c\u4ee5\u652f\u6301\u7f8e\u570b\u53ca\u5176\u76df\u53cb\u7372\u53d6\u95dc\u9375\u7926\u7522\u3002<\/p>\n

\u7f8e\u570bDFC\u9996\u5e2d\u57f7\u884c\u5b98Ben Black\u5c0d\u6b64\u4ea4\u6613\u8a55\u8ad6\u7a31\uff0c\u9019\u9805\u6f5b\u5728\u6295\u8cc7\u201c\u53cd\u6620\u4e86\u7f8e\u570b\u8207\u525b\u679c\u4e4b\u9593\u4e0d\u65b7\u589e\u9577\u7684\u95dc\u4fc2\uff0c\u6709\u52a9\u65bc\u70ba\u7f8e\u570b\u53ca\u6211\u5011\u7684\u5408\u4f5c\u5925\u4f34\u78ba\u4fdd\u95dc\u9375\u7926\u7522\u7684\u53ef\u9760\u4f86\u6e90\u3002\u201d\u7f8e\u570b\u526f\u570b\u52d9\u537fChristopher Landau\u4e5f\u6307\u51fa\uff0c\u8a72\u4ea4\u6613\u7b26\u5408\u7f8e\u525b\u6230\u7565\u5408\u4f5c\u5925\u4f34\u95dc\u4fc2\u7684\u6838\u5fc3\u76ee\u6a19\uff0c\u5373\u9f13\u52f5\u66f4\u591a\u7f8e\u570b\u6295\u8cc7\u65bc\u525b\u679c\u63a1\u7926\u696d\uff0c\u4e26\u4fc3\u9032\u5169\u570b\u9593\u5b89\u5168\u3001\u53ef\u9760\u3001\u4e92\u5229\u7684\u95dc\u9375\u7926\u7269\u6d41\u52d5\u3002<\/p>\n

\u9664\u4e86\u8ca1\u52d9\u6295\u8cc7\uff0c\u4ea4\u6613\u689d\u6b3e\u9817\u5177\u6230\u7565\u8272\u5f69\u3002\u6839\u64da\u5354\u8b70\uff0cOrion CMC\u6709\u6b0a\u70ba\u76f8\u95dc\u8cc7\u7522\u4efb\u547d\u975e\u57f7\u884c\u8463\u4e8b\uff0c\u4e26\u53ef\u6839\u64da\u300a\u7f8e\u525b\u6230\u7565\u5925\u4f34\u95dc\u4fc2\u5354\u8b70\u300b\u5c07\u76f8\u61c9\u4efd\u984d\u7684\u7926\u7522\u7522\u91cf\u5b9a\u5411\u92b7\u552e\u7d66\u6307\u5b9a\u8cb7\u5bb6\u3002\u9019\u76f4\u63a5\u670d\u52d9\u4e8e\u7f8e\u570b\u5efa\u7acb\u201c\u5b89\u5168\u3001\u8ca0\u8cac\u4efb\u4e14\u6709\u97cc\u6027\u201d\u7684\u95dc\u9375\u7926\u7522\u4f9b\u61c9\u93c8\u7684\u76ee\u6a19\u3002\u4ea4\u6613\u5b8c\u6210\u5f8c\uff0c\u9019\u5169\u5ea7\u7926\u5834\u4ecd\u5c07\u4f5c\u70ba\u5609\u80fd\u53ef\u96c6\u5718\u7684\u4e00\u90e8\u5206\u9032\u884c\u7ba1\u7406\u3002<\/p>\n

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

\u6b64\u8209\u6b63\u503c\u5609\u80fd\u53ef\u81ea\u8eab\u63a8\u9032\u8207\u529b\u62d3\uff08Rio Tinto\uff09\u7684\u6f5b\u5728\u5408\u4f75\u8ac7\u5224\u4e4b\u969b\uff0c\u82e5\u5408\u4f75\u6210\u529f\u5c07\u5275\u9020\u4e00\u500b\u5e02\u503c\u8d852000\u5104\u7f8e\u5143\u7684\u9285\u696d\u5de8\u982d\u3002\u51fa\u552e\u90e8\u5206\u525b\u679c\u8cc7\u7522\u80a1\u6b0a\u6709\u52a9\u65bc\u5609\u80fd\u53ef\u5728\u9032\u884c\u91cd\u5927\u6230\u7565\u91cd\u7d44\u6642\u512a\u5316\u8cc7\u7522\u7d50\u69cb\uff0c\u5f15\u5165\u5408\u4f5c\u5925\u4f34\u4e26\u964d\u4f4e\u5728\u525b\u679c\u9019\u4e00\u8907\u96dc\u63a1\u7926\u8f44\u5340\u7684\u904b\u71df\u98a8\u96aa\u3002<\/p>\n

\u540c\u6642\uff0c\u9019\u4e5f\u662f\u7f8e\u570b\u5728\u525b\u679c\u95dc\u9375\u7926\u7522\u9818\u57df\u7684\u6700\u65b0\u4f48\u5c40\u3002\u53bb\u5e7412\u6708\uff0cDFC\u5df2\u627f\u8afe\u6295\u5165\u8d85\u904e10\u5104\u7f8e\u5143\uff0c\u7528\u65bc\u652f\u6301\u5305\u62ec\u525b\u679c\u570b\u6709\u7926\u4f01G\u00e9camines\u8207\u5927\u5b97\u5546\u54c1\u8cbf\u6613\u5546\u6469\u79d1\u745e\uff08Mercuria\uff09\u7684\u65b0\u5408\u8cc7\u4f01\u696d\u5728\u5167\u7684\u9805\u76ee\u3002<\/p>\n

\u5c0d\u65bc\u525b\u679c\u800c\u8a00\uff0c\u9019\u9805\u4ea4\u6613\u88ab\u8996\u70ba\u5438\u5f15\u5916\u8cc7\u52aa\u529b\u7684\u91cd\u8981\u80af\u5b9a\u3002\u5609\u80fd\u53ef\u8868\u793a\uff0c\u4ea4\u6613\u5b8c\u6210\u5f8c\uff0c\u96d9\u65b9\u5c07\u8207\u525b\u679c\u653f\u5e9c\u53ca\u5609\u80fd\u53ef\u7684\u73fe\u6709\u5408\u4f5c\u5925\u4f34G\u00e9camines\u5171\u540c\u5c0b\u6c42\u64f4\u5927\u548c\u767c\u5c55\u8cc7\u7522\u7684\u6a5f\u6703\uff0c\u4e26\u5c07\u5728\u525b\u679c\u4e43\u81f3\u66f4\u5ee3\u95ca\u7684\u975e\u6d32\u9285\u5e36\u5c0b\u627e\u984d\u5916\u7684\u95dc\u9375\u7926\u7522\u9805\u76ee\u3002<\/p>\n

\u76ee\u524d\uff0c\u8a72\u4ea4\u6613\u4ecd\u9700\u5b8c\u6210\u76e1\u8077\u8abf\u67e5\uff0c\u5177\u6709\u6cd5\u5f8b\u7d04\u675f\u529b\u7684\u6700\u7d42\u5354\u8b70\u7c3d\u7f72\u4ee5\u53ca\u76f8\u95dc\u76e3\u7ba1\u6279\u51c6\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

\u5168\u7403\u5927\u5b97\u5546\u54c1\u5de8\u982d\u5609\u80fd\u53ef\uff08Glencore\uff09\u6b63\u5411\u4e00\u500b\u7531\u7f8e\u570b\u653f\u5e9c\u652f\u6301\u7684\u8ca1\u5718\u51fa\u552e\u4f4d\u65bc\u525b\u679c\u6c11\u4e3b\u5171\u548c\u570b\uff08DRC\uff09\u95dc\u9375\u9285\u9237 […]<\/p>\n","protected":false},"author":27,"featured_media":490026,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431,2197],"tags":[793,672,808,784],"class_list":["post-618615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","category-trends-strategies-zh-hant","category-2197","tag-793","tag-672","tag-808","tag-784","sectors-base-metals-tch","sectors-energy-metals-tch","locations-us-zh-hant","locations-africa-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/618615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=618615"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/618615\/revisions"}],"predecessor-version":[{"id":618618,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/618615\/revisions\/618618"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/490026"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=618615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=618615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=618615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}