United Securities Research Institute Ye Tao: The new upstream energy industry resources In recent years, with the volume of imports of crude oil and carbon dioxide gas emissions increased dramatical
Traditional economic growth model is experiencing unprecedented challenges, new energy and new momentum in the development of the automobile industry, and thus to promote a new round of industrial revolution is that we are looking for an ideal measure? Perhaps the real economic conditions worsen, the need to promote new energy revolution, governments will be even more attention. We believe that high oil prices drive the new energy revolution is not a necessary condition.
Petroleum resource constraints and low-carbon economy, increase alternative energy sources and energy-saving measures, the urgency and economy, the current development of new energy industries and new motor vehicle ideally favorable climatic, geographical and human resources. Large-capacity power battery technology breakthrough and promotion application that will drive such as lithium and rare earth metals demand out of the "industrial monosodium glutamate" in the traditional limitations, ushered in "energy metal" Sony PCG-V505 battery of the new era.
New Energy Metals - Lithium
Lithium is widely distributed in the earth's crust, but there are few mineral deposits worth mining industry, currently dominated by spodumene, lithium mica, and salt brine extracted. Prior to 1997, lithium mainly from ore extraction. Chile's SQM's successful year to extract lithium carbonate from salt lakes and in low-cost strategy to seize the market, since extracting lithium salt lake gradually become the mainstream. Lithium Salt Lake is currently the market share exceeds 70%. The world Salt Lake lithium-rich, mainly concentrated in the South American Plateau and Qinghai-Tibet Plateau in China, particularly in Bolivia, Chile, Argentina, China and other countries the largest reserves of lithium salt.
Lithium Salt Lake got a late start in China at present still mainly extracting lithium minerals, but mining in Tibet (000,762, stock bar) (000,762) in Salt Lake and CITIC Guoan Zabuye (000,839, stock bar) (000,839) of the West taijnar Salt Lake, is expected to gradually mass production stage, extracting lithium capacity expansion potential. Mining in Tibet Zabuye Salt Lake innate, unique content structure of the natural world to avoid separation of lithium-magnesium problem, is the only purely physical means exploitation of Sony PCG-Z505 battery lithium-rich salt.
The world's lithium resources recoverable reserves of 7.44 million tons, off lithium carbonate 39.5 million tons. Salt Lake has been proven lithium reserves base 11 million tons (about 58 million tons off lithium carbonate), recoverable reserves of nearly 6.6 million tons (about 35 million tons off lithium carbonate). Lithium has been proven ore reserves of approximately 7.6 million tons based (folded lithium carbonate is about 40 million tons), with a mineable reserve of 84 million tons (about 4.5 million tons off lithium carbonate).
Lithium as an "industrial monosodium glutamate" will soon be behind the times, we believe that demand for lithium in the following areas of explosive growth potential is expected to propel it into "energy metal" era:
a, configure a new large-capacity power battery powered cars will break through the traditional internal combustion engine vehicle emissions limits, and significantly improve energy efficiency, is expected to become future automotive mainstream. Lithium batteries in the power consumption of materials is expected to show growth in leaps and bounds, and completely break the global lithium market is a basic balance.
b, Li-ion battery manufacturing process is reaching maturity by virtue of its excellent performance is gradually replacing lead-acid, nickel-metal hydride and nickel Toshiba Laptop Battery cadmium batteries. Especially in terms of lead-acid battery electric bicycle alternative, because a vast market, most worth looking forward to.
c, the stability of Al-Li alloys have higher strength and hardness, for the manufacture of aerospace vehicles can achieve 20% weight loss can save a lot of fuel costs. Industry estimates put the future of Al-Li alloy application will account for the world's civilian and military aircraft use the 75%.
d, wind power and photovoltaic power are not a continuous power supply, need to address the storage problem. Lithium-electric cars, for distributed energy storage systems, storage efficiency of 90%, much higher than the efficiency of pumped storage power station (about 70%). In addition, China's current low per day and about more than 900 million degrees, it is estimated for 3000 ~ 40 million lithium rechargeable electric cars.
New motor car industry of the time has basically matured, in terms of enterprise technology stocks, the product commercialization process and national policy to promote the progress of view ,09-10 years seemed to have been critical moment, a major breakthrough is expected to occur, thus begun to enter Toshiba PA2487U Battery the industry, high-speed development period. The global lithium carbonate demand will in the new lithium-powered electric car, driven by the rapid development of strong growth, the upward trend of the future will be quite clear.
New Energy Metal - Rare Earth
The new field of energy is also to promote the future development of rare earth industry, the main force, from wind power, new power cars and light with three-color phosphor areas such as fast-growing demand for Chinese rare earth industry, is expected to lead the industry into a new stage of development. Future new field of energy development will be about the needs of rare earth industry boom degrees.
China's rare earth rich in natural resources, reserves accounted for 30.7% of the world, according to resource type can be divided into two types of light rare earth and heavy rare earth, light rare earth to the north Bayan Obo (reserves of about 21 million tons), Toshiba PA3107U-1BRS Battery Sichuan Mianning (reserves of about 2.2 million tons ) in Bastnaesite mainly heavy rare-earth in order to Guangdong and Fujian-type rare earth ion ore (reserves of about 100 million tons) mainly.
Accounted for 3 percent of the world's reserves, Liu Cheng reserves based on annual contributions to the global production reached Jiucheng indeed. Mining intensity factor was more than 3, China's rare earth resources is being gradually weakened. Disorder because of the regular exploitation of the South-type rare-earth ions have been a larger mines destroyed, a sharp decline in reserves, the state has reduced the ionic rare-earth mining quotas, and strengthen the protection of rare-earth ions. Inner Mongolia, Bayan Obo iron ore are mixed rare-earth ore, iron ore in the selection, you can make further use of rare-earth mine, the current exploitation of a relatively high quota allocation.
China's national resource strategy are becoming clear. Successively introduced in the mining resource management norms, encourage enterprises to expand overseas resources, purchasing and storage mechanisms for the establishment of national initiatives such as reserves, it is the reality of resource strategy manifestations. Early stage in the aluminum, metals, mineral and other Toshiba PA3383U-1BRS Battery resources of the central enterprises to expand overseas aggressively move has been hampered by, we believe, or will lead to China to strengthen the physical bottleneck resources and shrinking reserves, "China's natural resources" supply. The former is a direct response, which is a strategic checks and balances.
As a "strategic balance" in the supply of superior resources shrink, supporting the choice is to strengthen the mine management and integration, strict access system industry, and strengthen customs duties and quota system. Of domestic rare earth system has been related to the field first, then we judge the strength of its implementation is expected to become noticeably stronger. For this reason, we believe that the long period of rare earth industry, the trend has been basically established.
Baotou Steel Rare-earth (600,111, stock bar) (600,111) Toshiba PA3384U-1BRS Battery is the leader in the domestic rare earth industry is expected to become the new energy industry, the biggest beneficiary of the rise. In recent years, companies rely on rare earth reserves account for more than 80% of the mixed rare earth iron ore - Bayan Obo ore, as well as Inner Mongolia Baotou Rare Earth on the implementation of an integrated business also hope that by establishing a pool of rare earth concentrate and rare earth International Trade Company "unified purchase and marketing" to strengthen control over the whole industrial chain.