{"id":639185,"date":"2026-05-22T20:30:11","date_gmt":"2026-05-23T03:30:11","guid":{"rendered":"https:\/\/nai500.com\/?p=639185"},"modified":"2026-05-22T20:30:11","modified_gmt":"2026-05-23T03:30:11","slug":"%e9%80%9a%e8%84%b9-%e5%b0%8d%e6%b2%96-ai-%e9%9c%80%e6%b1%82-%e4%be%9b%e6%87%89-%e7%9f%ad%e7%bc%ba-%e9%8a%85%e5%83%b9-%e4%b8%89%e9%87%8d-%e9%a9%85%e5%8b%95-%e9%95%b7%e7%89%9b-%e9%82%8f%e8%bc%af","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/05\/%e9%80%9a%e8%84%b9-%e5%b0%8d%e6%b2%96-ai-%e9%9c%80%e6%b1%82-%e4%be%9b%e6%87%89-%e7%9f%ad%e7%bc%ba-%e9%8a%85%e5%83%b9-%e4%b8%89%e9%87%8d-%e9%a9%85%e5%8b%95-%e9%95%b7%e7%89%9b-%e9%82%8f%e8%bc%af\/","title":{"rendered":"\u901a\u8139\u5c0d\u6c96\u3001AI\u9700\u6c42\u3001\u4f9b\u61c9\u77ed\u7f3a\uff1a\u9285\u50f9\u201c\u4e09\u91cd\u9a45\u52d5\u201d\u4e0b\u7684\u9577\u725b\u908f\u8f2f"},"content":{"rendered":"

\u672c\u5468\u5de5\u696d\u91d1\u5c6c\u5e02\u5834\u5728\u901a\u8139\u64d4\u6182\u8207\u50b5\u5238\u5e02\u5834\u52d5\u8569\u4e2d\u5287\u70c8\u6ce2\u52d5\u3002\u88ab\u8996\u70ba\u5168\u7403\u7d93\u6fdf<\/span>\u201c\u9285\u535a\u58eb<\/span>\u201d\u7684\u9285\uff0c\u7e7c\u5468\u4e8c\u4e0b\u8dcc<\/span>1.3%\u5f8c\u5468\u4e09\u53cd\u5f48<\/span>0.5%<\/span>\uff0c\u622a\u81f3\u5468\u4e94\u502b\u6566\u91d1\u5c6c\u4ea4\u6613\u6240\uff08<\/span>LME<\/span>\uff09\u4e09\u500b\u6708\u671f\u9285\u5831\u6bcf\u5678<\/span>13630<\/span>\u7f8e\u5143\u3002\u667a\u5229\u9285\u696d\u59d4\u54e1\u6703\uff08<\/span>Cochilco<\/span>\uff09\u5468\u4e8c\u5c07<\/span>2026<\/span>\u5e74\u9285\u5747\u50f9\u9810\u6e2c\u4e0a\u8abf\u81f3\u6bcf\u78c5<\/span>5.55<\/span>\u7f8e\u5143\uff0c\u4e26\u9810\u8a08<\/span>2027<\/span>\u5e74\u4ecd\u5c07\u7dad\u6301<\/span>5.10<\/span>\u7f8e\u5143\u7684\u9ad8\u4f4d\uff0c\u7406\u7531\u662f<\/span>\u201c\u5168\u7403\u9700\u6c42\u5805\u633a\u8207\u4f9b\u61c9\u7dca\u5f35<\/span>\u201d\u3002<\/span><\/p>\n

\u4e09\u5927\u6a5f\u9047\u652f\u6490\u9285\u50f9\u4e2d\u6a1e\u4e0a\u79fb<\/span><\/b><\/b><\/h2>\n

\u7b2c\u4e00\uff0c<\/span>AI\u57fa\u790e\u8a2d\u65bd\u9700\u6c42\u6210\u70ba\u7d50\u69cb\u6027\u9a45\u52d5\u529b\u3002<\/span><\/b> \u5f6d\u535a\u793e<\/span>5<\/span>\u6708<\/span>22<\/span>\u65e5\u5831\u9053\u6307\u51fa\uff0c\u9285\u6b63\u50cf\u82f1\u5049\u9054\u7b49<\/span>AI<\/span>\u79d1\u6280\u80a1\u4e00\u6a23\u4ea4\u6613<\/span>\u2014\u2014<\/span>\u6578\u64da\u4e2d\u5fc3\u3001\u8f38\u96fb\u7dda\u3001\u8b8a\u58d3\u5668\u6240\u9700\u7684\u5c0e\u96fb\u91d1\u5c6c\u8207<\/span>AI<\/span>\u6295\u8cc7\u71b1\u6f6e\u9ad8\u5ea6\u7d81\u5b9a\u3002\u5927\u5b97\u5546\u54c1\u4ea4\u6613\u5546<\/span>Mercuria<\/span>\u9810\u8a08\uff0c<\/span>2026<\/span>\u5e74<\/span>AI<\/span>\u76f8\u95dc\u9285\u9700\u6c42\u589e\u9577\u7d04<\/span>35<\/span>\u842c\u5678\uff0c\u96d6\u50c5\u5360\u5168\u7403\u5e74\u9700\u6c42\u7684<\/span>2.5%<\/span>\uff0c\u4f46\u5176\u589e\u901f\u88ab\u6bd4\u80a9\u4e2d\u570b\u96fb\u52d5\u8eca\u548c\u53ef\u518d\u751f\u80fd\u6e90\u677f\u584a\u7684\u5d1b\u8d77\u8ecc\u8de1\u3002\u5fae\u8edf\u3001\u7a40\u6b4c\u3001\u4e9e\u99ac\u905c\u4eca\u5e74\u5df2\u627f\u8afe\u5411\u7f8e\u570b\u6578\u64da\u4e2d\u5fc3\u9805\u76ee\u6295\u5165\u7d04<\/span>5800<\/span>\u5104\u7f8e\u5143\u3002<\/span><\/p>\n

\u7b2c\u4e8c\uff0c\u901a\u8139\u5c0d\u6c96\u8cc7\u91d1\u5927\u898f\u6a21\u6e67\u5165\u3002<\/span><\/b> \u5728\u50b5\u5238\u6536\u76ca\u7387\u6500\u5347\u81f3\u6578\u5341\u5e74\u9ad8\u4f4d\u7684\u80cc\u666f\u4e0b\uff0c\u6a5f\u69cb\u6295\u8cc7\u8005\u5c07\u786c\u8cc7\u7522\u4f5c\u70ba\u901a\u8139\u5c0d\u6c96\u5de5\u5177\u3002<\/span>Manulife<\/span>\u9ad8\u7ba1\u6307\u51fa\uff0c<\/span>\u201c\u5546\u54c1\u5df2\u5f9e\u88ab\u5ffd\u8996\u7684\u8cc7\u7522\u985e\u5225\u8b8a\u6210\u591a\u8cc7\u7522\u6295\u8cc7\u8005\u7684\u65b0\u5bf5<\/span>\u201d\uff0c\u9285\u53d7\u76ca\u65bc<\/span>\u201cAI\u9700\u6c42\u3001\u901a\u8139\u5c0d\u6c96\u548c\u5b8f\u89c0\u7d93\u6fdf\u904e\u71b1<\/span>\u201d\u4e09\u652f\u67f1\u3002\u672c\u5b63\u5ea6\u8cc7\u91d1\u7d93\u7406\u5728\u502b\u6566\u548c\u7d10\u7d04\u9285\u671f\u8ca8\u5e02\u5834\u5df2\u589e\u52a0\u7d04<\/span>140\u5104\u7f8e\u5143\u7684\u6de8\u591a\u982d\u982d\u5bf8\uff0c\u800c\u7d0d\u65af\u9054\u514b<\/span>100<\/span>\u516c\u53f8\u7e3d\u5e02\u503c\u540c\u671f\u589e\u9577<\/span>7.8<\/span>\u842c\u5104\u7f8e\u5143\u3002<\/span><\/p>\n

\u7b2c\u4e09\uff0c\u7926\u7aef\u4f9b\u61c9\u7d50\u69cb\u6027\u77ed\u7f3a\u52a0\u5287\u3002<\/span><\/b> Cochilco\u9810\u8a08<\/span>2026<\/span>\u5e74\u5168\u7403\u9285\u7926\u7522\u91cf\u50c5\u589e<\/span>0.5%<\/span>\u81f3<\/span>2330<\/span>\u842c\u5678\uff0c\u7cbe\u7149\u9285\u5e02\u5834\u5f9e<\/span>2025<\/span>\u5e74<\/span>12.4<\/span>\u842c\u5678\u7f3a\u53e3\u8f49\u70ba<\/span>2026<\/span>\u5e74\u5c0f\u5e45\u904e\u5269<\/span>1.2<\/span>\u842c\u5678\uff0c\u4f46\u6574\u9ad4\u4ecd\u504f\u7dca\u3002\u5168\u7403\u7b2c\u4e8c\u5927\u9285\u7926\u5370\u5c3c<\/span>Grasberg<\/span>\u56e0<\/span>2025<\/span>\u5e74\u81f4\u547d\u6ce5\u77f3\u6d41\uff0c\u5168\u9762\u6062\u8907\u904b\u71df\u63a8\u9072\u81f3<\/span>2028<\/span>\u5e74\uff1b\u525b\u679c<\/span>Kamoa-Kakula<\/span>\u7926\u6d2a\u6c34\u3001\u667a\u5229<\/span>El Teniente<\/span>\u4e8b\u6545\u4e5f\u5236\u7d04\u7522\u51fa\u3002<\/span>Wood Mackenzie<\/span>\u6307\u51fa\uff0c\u7f8e\u570b\u56e0\u95dc\u7a05\u64d4\u6182\u56e4\u7a4d\u4e86\u5927\u91cf\u5be6\u7269\u9285\uff0c\u9650\u5236\u4e86\u5168\u7403\u5176\u4ed6\u5730\u5340\u7684\u53ef\u7372\u6027\u3002<\/span><\/p>\n

\u5169\u5927\u6311\u6230\u58d3\u5236\u77ed\u671f\u4e0a\u884c\u7a7a\u9593<\/span><\/b><\/b><\/h2>\n

\u7b2c\u4e00\uff0c\u5b8f\u89c0\u8207\u5fae\u89c0\u7684\u62c9\u92f8\u6230\u3002<\/span><\/b> \u9ea5\u683c\u7406\u7b56\u7565\u5e2b<\/span>Alice Fox<\/span>\u8868\u793a\uff0c\u9285\u50f9<\/span>\u201c\u53d7\u60c5\u7dd2\u9a45\u52d5<\/span>\u201d\uff0c\u9677\u5165<\/span>\u201c\u9700\u6c42\u770b\u6f32<\/span>\u201d\u8207<\/span>\u201c\u5229\u7387\u52a0\u606f\u6050\u61fc<\/span>\u201d\u4e4b\u9593\u3002\u7f8e\u570b\u901a\u8139\u9810\u671f\u63a8\u9ad8\u570b\u50b5\u6536\u76ca\u7387\u3001\u652f\u6490\u7f8e\u5143\u8d70\u5f37\uff0c\u5f15\u767c\u9285\u591a\u982d\u5b9a\u671f\u7372\u5229\u4e86\u7d50\uff1b\u800c\u4e2d\u570b\u570b\u50b5\u6536\u76ca\u7387\u8655\u65bc\u66c6\u53f2\u4f4e\u9ede\uff0c\u53cd\u6620\u5236\u9020\u696d\u548c\u623f\u5730\u7522\u90e8\u9580\u75b2\u8edf\uff0c\u96e3\u4ee5\u63d0\u4f9b\u6301\u7e8c\u4e0a\u884c\u52d5\u529b\u3002<\/span><\/p>\n

\u7b2c\u4e8c\uff0c\u9ad8\u50f9\u683c\u6291\u5236\u73fe\u8ca8\u9700\u6c42\u3002<\/span><\/b> Wood Mackenzie\u9285\u7814\u7a76\u4e3b\u7ba1<\/span>Charles Cooper<\/span>\u6307\u51fa\uff0c\u9285\u50f9\u5728\u6bcf\u5678<\/span>13500<\/span>\u7f8e\u5143\u9644\u8fd1\u7684\u66c6\u53f2\u9ad8\u4f4d\u76e4\u6574\uff0c<\/span>\u201c\u9ad8\u7d55\u5c0d\u50f9\u683c\u5df2\u5f15\u767c\u4e2d\u570b\u73fe\u8ca8\u5e02\u5834\u9700\u6c42\u8b39\u614e\uff0c\u5141\u8a31\u66f4\u5ee3\u6cdb\u7684\u5b8f\u89c0\u9006\u98a8\u9a45\u52d5\u96d9\u5411\u6ce2\u52d5<\/span>\u201d\u3002<\/span> Marex Group\u8207\u725b\u6d25\u5927\u5b78\u7814\u7a76\u8b66\u544a\uff0c\u6578\u64da\u4e2d\u5fc3\u9805\u76ee\u9762\u81e8\u52de\u52d5\u529b\u3001\u96fb\u529b\u3001\u8a2d\u5099\u548c\u8a31\u53ef\u74f6\u9838\uff0c\u5be6\u969b\u91d1\u5c6c\u9700\u6c42<\/span>\u201c\u53ef\u80fd\u6bd4\u8a31\u591a\u6295\u8cc7\u8005\u5047\u8a2d\u7684\u66f4\u9059\u9060<\/span>\u201d\u3002<\/span><\/p>\n

\u77ed\u671f\u5340\u9593\u8207\u6295\u8cc7\u555f\u793a<\/span><\/b><\/b><\/h2>\n

Cooper\u8a8d\u70ba\uff0c\u9285\u50f9\u6b63\u8655\u65bc\u6bcf\u5678<\/span>13200-13800<\/span>\u7f8e\u5143\u7684\u6ce2\u52d5\u5340\u9593\uff0c<\/span>\u201c\u9032\u4e00\u6b65\u4e0a\u884c\u9700\u8981\u5168\u7403\u50b5\u5238\u6536\u76ca\u7387\u4f01\u7a69\u4ee5\u53ca\u4e2d\u570b\u5de5\u696d\u6d3b\u52d5\u66f4\u660e\u78ba\u7684\u8907\u8607<\/span>\u201d\u3002\u7d10\u7d04\u8207\u502b\u6566\u4e4b\u9593\u7684\u50f9\u5dee\uff08\u7d04<\/span>400\u7f8e\u5143\uff09\u6b63\u9a45\u52d5\u91d1\u5c6c\u6d41\u5411\u7f8e\u570b\uff0c\u77ed\u671f\u5167\u4e2d\u570b\u6210\u70ba\u50f9\u683c\u63a5\u53d7\u8005\u800c\u975e\u5236\u5b9a\u8005\u3002<\/span>Third Avenue Management<\/span>\u7684<\/span>Matthew Fine<\/span>\u5247\u5f37\u8abf\uff0c\u5373\u4f7f<\/span>AI<\/span>\u9700\u6c42\u53ea\u662f\u9577\u671f\u9700\u6c42\u6f14\u8b8a\u7684\u6700\u65b0\u7d44\u6210\u90e8\u5206\uff0c\u4f46\u7926\u5546\u8d8a\u4f86\u8d8a\u96e3\u4ee5\u8ddf\u4e0a\u6b65\u4f10\uff0c<\/span>\u5168\u7403\u53ef\u80fd\u5f88\u5feb\u5c07\u9762\u81e8\u771f\u6b63\u7684\u9285\u77ed\u7f3a\u3002<\/span><\/p>\n

\n","protected":false},"excerpt":{"rendered":"

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