{"id":648580,"date":"2026-07-07T01:46:21","date_gmt":"2026-07-07T08:46:21","guid":{"rendered":"https:\/\/nai500.com\/?p=648580"},"modified":"2026-07-07T01:46:21","modified_gmt":"2026-07-07T08:46:21","slug":"%e9%8a%85%e7%a4%a6%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%a4%a6%e6%a5%ad%e5%b7%a8%e9%a0%ad%e4%bd%88%e5%b1%80-2026","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/07\/%e9%8a%85%e7%a4%a6%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%a4%a6%e6%a5%ad%e5%b7%a8%e9%a0%ad%e4%bd%88%e5%b1%80-2026\/","title":{"rendered":"\u9285\u7926\u9700\u6c42\u524d\u666f\u660e\u6717\uff0c\u4e09\u5927\u7926\u696d\u5de8\u982d\u4f48\u5c402026"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">\u96a8\u8457\u5168\u7403\u80fd\u6e90\u8f49\u578b\u52a0\u901f\u63a8\u9032\uff0c\u9285\u4f5c\u70ba\u95dc\u9375\u5de5\u696d\u91d1\u5c6c\u7684\u6230\u7565\u50f9\u503c\u65e5\u76ca\u51f8\u986f\u3002\u6839\u64da\u5168\u7403\u9818\u5148\u7926\u696d\u516c\u53f8BHP Group\uff08<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=BHP\"><span class=\"s2\">BHP<\/span><\/a>\uff09\u7684\u4f30\u7b97\uff0c\u52302050\u5e74\uff0c\u5168\u7403\u9285\u9700\u6c42\u9810\u8a08\u5c07\u6fc0\u589e70%\u3002\u9019\u4e00\u589e\u9577\u7684\u4e3b\u8981\u9a45\u52d5\u529b\u5305\u62ec\u4eba\u5de5\u667a\u80fd\u6578\u64da\u4e2d\u5fc3\u7684\u57fa\u790e\u8a2d\u65bd\u5efa\u8a2d\u3001\u4ea4\u901a\u904b\u8f38\u9818\u57df\u7684\u96fb\u6c23\u5316\u9032\u7a0b\u4ee5\u53ca\u53ef\u518d\u751f\u80fd\u6e90\u7684\u751f\u7522\u3002\u6578\u64da\u986f\u793a\uff0c\u96fb\u52d5\u6c7d\u8eca\u7684\u9285\u7528\u91cf\u7d04\u70ba\u50b3\u7d71\u6c7d\u8eca\u7684\u56db\u500d\uff0c\u800c\u6bcf\u5146\u74e6\u98a8\u529b\u767c\u96fb\u88dd\u6a5f\u5bb9\u91cf\u9700\u6d88\u8017\u7d043\u516c\u5678\u9285\u3002\u5728\u6b64\u80cc\u666f\u4e0b\uff0c\u9285\u884c\u696d\u524d\u666f\u88ab\u666e\u904d\u770b\u597d\uff0c\u5e02\u5834\u9810\u671f\u9285\u50f9\u5728\u672a\u4f86\u6578\u5e74\u6709\u671b\u986f\u8457\u8d70\u9ad8\u3002<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u4f9d\u64da\u7f8e\u570b\u5730\u8cea\u8abf\u67e5\u5c40\u7684\u6578\u64da\uff0c\u9285\u662f\u5168\u7403\u7b2c\u4e09\u5927\u6d88\u8017\u91cf\u5de5\u696d\u91d1\u5c6c\uff0c\u50c5\u6b21\u65bc\u9435\u7926\u77f3\u548c\u92c1\u3002\u5118\u7ba1\u773e\u591a\u7926\u696d\u4f01\u696d\u6d89\u8db3\u9285\u958b\u63a1\uff0c\u4f46\u50c5\u6709\u5c11\u6578\u5177\u5099\u901a\u904e\u81ea\u6709\u5132\u91cf\u548c\u5546\u696d\u53ef\u884c\u64f4\u7522\u9805\u76ee\u4f86\u6301\u7e8c\u63d0\u5347\u7522\u91cf\u7684\u80fd\u529b\uff0c\u9019\u4e9b\u512a\u52e2\u4f7f\u5176\u80fd\u5920\u5145\u5206\u628a\u63e1\u884c\u696d\u589e\u9577\u6a5f\u9047\u3002\u4ee5\u4e0b\u70ba\u4e09\u5bb6\u503c\u5f97\u95dc\u6ce8\u7684\u9285\u696d\u9f8d\u982d\u4f01\u696d\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">BHP Group\uff1a\u5168\u7403\u8cc7\u6e90\u5de8\u982d\u7684\u9285\u64f4\u5f35\u6230\u7565<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">\u7e3d\u90e8\u4f4d\u65bc\u6fb3\u5927\u5229\u4e9e\u7684BHP Group\u662f\u5168\u7403\u9818\u5148\u7684\u81ea\u7136\u7926\u7522\u8cc7\u6e90\u751f\u7522\u5546\uff0c\u696d\u52d9\u6db5\u84cb\u9285\u3001\u9435\u7926\u77f3\u3001\u93b3\u3001\u51b6\u91d1\u7164\u53ca\u9240\u80a5\u3002\u516c\u53f8\u5728\u5357\u7f8e\u6d32\u904b\u71df\u591a\u5ea7\u9285\u7926\uff0c\u5176\u4e2d\u5305\u62ec\u5168\u7403\u6700\u5927\u9285\u7926\u57c3\u65af\u5eb7\u8fea\u9054\uff0c\u540c\u6642\u5728\u6fb3\u5927\u5229\u4e9e\u4e5f\u64c1\u6709\u9285\u7926\u8cc7\u7522\u3002BHP\u9810\u8a08\uff0c\u51762026\u5e74\u9285\u7522\u91cf\u5c07\u9054\u5230180\u842c\u81f3200\u842c\u5678\u3002\u70ba\u61c9\u5c0d\u65e5\u76ca\u589e\u9577\u7684\u5e02\u5834\u9700\u6c42\uff0c\u516c\u53f8\u6b63\u5927\u529b\u6295\u8cc7\u64f4\u5c55\u73fe\u6709\u7926\u5340\u7684\u9285\u7522\u80fd\u3002<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u6b64\u5916\uff0cBHP\u8207Rio Tinto\u5171\u540c\u6301\u6709\u4f4d\u65bc\u7f8e\u570b\u4e9e\u5229\u6851\u90a3\u5dde\u7684Resolution Copper\u9805\u76ee\uff0cBHP\u4f5445%\u80a1\u4efd\u3002\u8a72\u9805\u76ee\u662f\u5168\u7403\u6700\u5927\u7684\u672a\u958b\u767c\u9285\u7926\u4e4b\u4e00\uff0c\u9810\u8a08\u5efa\u8a2d\u9031\u671f\u70ba8\u81f310\u5e74\uff0c\u7e3d\u6295\u8cc7\u4f30\u7b97\u9054640\u5104\u7f8e\u5143\u3002\u6295\u7522\u5f8c\uff0c\u8a72\u9805\u76ee\u6709\u671b\u572840\u5e74\u5167\u751f\u7522400\u5104\u78c5\u9285\uff0c\u7d04\u4f54\u7f8e\u570b\u9810\u8a08\u9285\u9700\u6c42\u7e3d\u91cf\u7684\u56db\u5206\u4e4b\u4e00\u3002<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">2026\u5e747\u6708\uff0cBHP\u5553\u52d5\u4e86\u667a\u5229Cerro Colorado\u9285\u7926\u7684\u5fa9\u7522\u7a0b\u5e8f\uff0c\u8a72\u7926\u56e0\u672a\u80fd\u7372\u5f97\u7528\u6c34\u8a31\u53ef\u65bc2023\u5e74\u95dc\u9589\u3002\u516c\u53f8\u8a08\u5283\u6295\u8cc715\u5104\u7f8e\u5143\uff0c\u901a\u904e\u92ea\u8a2d\u7ba1\u9053\u5f15\u5165\u8655\u7406\u5f8c\u7684\u5ee2\u6c34\uff0c\u4ee5\u7dad\u6301\u8a72\u7926\u672a\u4f86\u4e8c\u5341\u5e74\u7684\u904b\u71df\u3002\u540c\u6642\uff0cBHP\u6b63\u8003\u616e\u5728\u975e\u6d32\u7b2c\u4e8c\u5927\u9285\u7522\u570b\u8d0a\u6bd4\u4e9e\u958b\u5c55\u5927\u898f\u6a21\u9285\u52d8\u63a2\u9805\u76ee\u3002\u516c\u53f8\u898f\u5283\u52302035\u5e74\uff0c\u5be6\u73fe\u9285\u7576\u91cf\u7522\u91cf\u5e74\u5747\u589e\u95773%\u81f34%\u3002BHP\u8868\u793a\uff0c\u4e0d\u65b7\u589e\u9577\u7684\u9285\u7522\u91cf\u5c07\u70ba\u80a1\u6771\u5e36\u4f86\u66f4\u9ad8\u7684\u80a1\u606f\u56de\u5831\uff0c\u516c\u53f8\u76ee\u6a19\u662f\u5c07\u6bcf\u5e74\u81f3\u5c1150%\u7684\u73fe\u91d1\u6d41\u7528\u65bc\u6d3e\u606f\uff0c\u4e26\u5e38\u4ee5\u8d85\u984d\u73fe\u91d1\u9032\u884c\u984d\u5916\u5206\u7d05\u548c\u80a1\u7968\u56de\u8cfc\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Freeport-McMoRan\uff1a\u5168\u7403\u6700\u5927\u4e0a\u5e02\u9285\u4f01\u7684\u7522\u80fd\u63d0\u5347\u8a08\u5283<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Freeport-McMoRan\uff08<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=FCX\"><span class=\"s2\">FCX<\/span><\/a>\uff09\u662f\u5168\u7403\u6700\u5927\u7684\u4e0a\u5e02\u9285\u696d\u516c\u53f8\uff0c\u540c\u6642\u751f\u7522\u9ec3\u91d1\u548c\u926c\u3002\u5176\u6838\u5fc3\u8cc7\u7522\u70ba\u5370\u5c3c\u7684Grasberg\u7926\uff0c\u8a72\u7926\u662f\u5168\u7403\u6700\u5927\u7684\u9285\u91d1\u7926\u4e4b\u4e00\u3002\u6b64\u5916\uff0c\u516c\u53f8\u5728\u7f8e\u570b\u4e9e\u5229\u6851\u90a3\u5dde\u548c\u79d8\u9b6f\u4e5f\u904b\u71df\u5927\u578b\u7926\u5c71\u30022025\u5e74\uff0cFreeport\u9285\u7522\u91cf\u905434\u5104\u78c5\uff0c\u5176\u696d\u52d9\u4f54\u7f8e\u570b\u7cbe\u934a\u9285\u7e3d\u7522\u91cf\u768470%\u3002<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Freeport\u64c1\u6709\u8c50\u5bcc\u7684\u6709\u6a5f\u64f4\u7522\u9805\u76ee\u5132\u5099\u3002\u901a\u904e\u6539\u9032\u6d78\u51fa\u5de5\u85dd\u548c\u6f5b\u5728\u7684\u6280\u8853\u8b8a\u66f4\uff0c\u516c\u53f8\u9810\u8a08\u52302030\u5e74\u5e95\uff0c\u5e74\u7522\u80fd\u53ef\u589e\u52a08\u5104\u78c5\u3002\u4e2d\u9577\u671f\u770b\uff0c\u4e9e\u5229\u6851\u90a3\u5ddeBagdad\u64f4\u5efa\u9805\u76ee\uff08\u6295\u8cc735\u5104\u7f8e\u5143\uff09\u548c\u667a\u5229El Abra\u64f4\u5efa\u9805\u76ee\uff08\u6295\u8cc775\u5104\u7f8e\u5143\uff09\u7b49\uff0c\u5c07\u9032\u4e00\u6b65\u63d0\u5347\u5176\u7522\u80fd\u3002\u516c\u53f8\u8a2d\u5b9a\u4e86\u5c07\u6700\u591a50%\u7684\u904e\u5269\u73fe\u91d1\u6d41\u7528\u65bc\u80a1\u6771\u56de\u5831\uff08\u5305\u62ec\u80a1\u606f\u548c\u80a1\u7968\u56de\u8cfc\uff09\u7684\u6846\u67b6\uff0c\u4e0d\u65b7\u589e\u5f37\u7684\u9285\u7522\u91cf\u5c07\u652f\u6490\u9019\u4e00\u56de\u5831\u6a5f\u5236\u7684\u6301\u7e8c\u5be6\u65bd\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Teck Resources\uff1a\u5408\u4f75\u6253\u9020\u9285\u696d\u65b0\u5de8\u982d<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">\u52a0\u62ff\u5927\u7926\u696d\u516c\u53f8Teck Resources\uff08<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=TECK\"><span class=\"s2\">TECK<\/span><\/a>\uff09\u5728\u5357\u5317\u7f8e\u6d32\u64c1\u6709\u4e16\u754c\u7d1a\u7684\u9285\u548c\u92c5\u696d\u52d9\uff0c\u4ee5\u53ca\u884c\u696d\u9818\u5148\u7684\u9285\u589e\u9577\u9805\u76ee\u7ba1\u7dda\u30022025\u5e74\u5e95\uff0cTeck\u8207Anglo American\u9054\u6210\u5c0d\u7b49\u5408\u4f75\u5354\u8b70\u3002\u4ea4\u6613\u5b8c\u6210\u5f8c\uff0c\u65b0\u516c\u53f8\u547d\u540d\u70baAnglo Teck\uff0c\u9285\u7522\u91cf\u5c07\u4f54\u5176\u7e3d\u7522\u91cf\u768470%\u4ee5\u4e0a\uff0c\u6210\u70ba\u4e00\u5bb6\u898f\u6a21\u66f4\u5927\u3001\u4ee5\u9285\u70ba\u6838\u5fc3\u7684\u7926\u696d\u4f01\u696d\u3002Anglo Teck\u5c07\u6301\u6709\u6a6b\u8de8\u52a0\u62ff\u5927\u3001\u667a\u5229\u548c\u79d8\u9b6f\u7684\u4e94\u5ea7\u9818\u5148\u9285\u7926\u6b0a\u76ca\uff0c\u8e8b\u8eab\u5168\u7403\u524d\u4e94\u5927\u9285\u751f\u7522\u5546\uff0c\u4e26\u5177\u5099\u986f\u8457\u7684\u589e\u9577\u6f5b\u529b\uff0c\u9810\u8a08\u52302027\u5e74\u7522\u91cf\u5c07\u589e\u957710%\u3002\u8a72\u5408\u4f75\u4ea4\u6613\u9810\u8a08\u65bc2027\u5e74\u521d\u5b8c\u6210\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">\u7e3d\u7d50<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">\u7e3d\u9ad4\u4f86\u770b\uff0c\u5728\u5168\u7403\u96fb\u6c23\u5316\u8207\u78b3\u4e2d\u548c\u8da8\u52e2\u63a8\u52d5\u4e0b\uff0c\u9285\u7684\u9577\u671f\u9700\u6c42\u5df2\u88ab\u982d\u90e8\u7926\u4f01\u666e\u904d\u770b\u597d\u3002BHP Group\u3001Freeport-McMoRan\u548cTeck Resources\uff08\u53ca\u5176\u5408\u4f75\u5f8c\u7684Anglo Teck\uff09\u6191\u501f\u5176\u9f90\u5927\u7684\u8cc7\u6e90\u5132\u5099\u3001\u6e05\u6670\u7684\u64f4\u7522\u8a08\u5283\u548c\u5c0d\u80a1\u6771\u56de\u5831\u7684\u627f\u8afe\uff0c\u6210\u70ba2026\u5e74\u53ca\u672a\u4f86\u9285\u5e02\u5834\u503c\u5f97\u95dc\u6ce8\u7684\u4e3b\u8981\u53c3\u8207\u8005\u3002\u9019\u4e9b\u4f01\u696d\u7684\u6230\u7565\u4f48\u5c40\u4e0d\u50c5\u53cd\u6620\u4e86\u5c0d\u9285\u50f9\u8d70\u5f37\u7684\u9810\u671f\uff0c\u4e5f\u9810\u793a\u8457\u884c\u696d\u96c6\u4e2d\u5ea6\u8207\u7522\u80fd\u64f4\u5f35\u7684\u65b0\u968e\u6bb5\u3002<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u96a8\u8457\u5168\u7403\u80fd\u6e90\u8f49\u578b\u52a0\u901f\u63a8\u9032\uff0c\u9285\u4f5c\u70ba\u95dc\u9375\u5de5\u696d\u91d1\u5c6c\u7684\u6230\u7565\u50f9\u503c\u65e5\u76ca\u51f8\u986f\u3002\u6839\u64da\u5168\u7403\u9818\u5148\u7926\u696d\u516c\u53f8BHP Group\uff08BHP [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":597232,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[426],"tags":[1404,895,672,784],"class_list":["post-648580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hant","tag-1404","tag-895","tag-672","tag-784","sectors-base-metals-tch","sectors-energy-metals-tch","locations-us-zh-hant","exchange-nyse-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/648580","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=648580"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/648580\/revisions"}],"predecessor-version":[{"id":648583,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/648580\/revisions\/648583"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/597232"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=648580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=648580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=648580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}