China Iron Ore Mining Market Analysis including Reserves, Production, Production Forecasts, Operating, Developing and Exploration Assets, Key Players and the Fiscal Regime including Taxes and Royalties, 2020-2025

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China produced 123.4Mt of iron ore in 2020, up by 10.3% over 2019, this was growth was mainly supported by the resumption of mine production from March after the easing of COVID-19 restrictions. GlobalData predicts China’s production to grow relatively flat at a CAGR of 1.5% between 2021-2025, due to the elimination of inefficient steel capacities, and in line with the government’s long-term environmental commitment. China produces low-grade iron ore and relies for on imports for 70% of its domestic demand. The country is the world’s largest iron ore consumer and steel producer, at 1,340Mt and 1,053Mt respectively in 2020. The consumption grew by 4.3%, on the back of strong growth of 5.7% in its steel output in 2020 over 2019. Better control over the COVID-19 outbreak and policy support for the housing, infrastructure and manufacturing industries supported the country’s steel production during the year. The country’s mining industry is governed by the State Council, which controls the ownership of minerals and ensures the rational development and utilization of mineral resources.

Scope

The report analyses China’s iron ore mining industry, with details of reserves, production, consumption trends and forecasts, the competitive landscape and listing of the major active, exploration and development projects. Adding more, there’s detailed analysis of factors effecting demand for China’s iron ore.

Reasons to Buy

Comprehensive evaluation of the impact of COVID-19 on China’s iron ore industry

To understand historical and forecast trend on the country’s iron ore production, consumption and imports

Track latest company developments

To understand the impact of trade relation between China and Australia over China’s iron ore imports

To gain an understanding on the iron ore prices

Anshan Iron and Steel Group Co. Ltd
HBIS Group Co. Ltd
Aowei Holding Ltd

Table of Contents

Table of Contents

| About GlobalData

1. Executive Summary

2. Reserves, Production and Prices

2.1 Iron Ore Reserves

2.2 Iron Ore Production

2.3 Iron Ore Prices

3. Iron Ore Assets

3.1 Active Mines

3.2 Exploration Projects

3.3 Development Projects

4. Key Demand Drivers

4.1 Iron Ore Consumption vs. Steel Production

4.2 Demand from China’s Construction Industry

5. Iron Ore Imports

6. Major Iron Ore Producers

6.1 Mines and Projects by Company

6.2 Anshan Iron and Steel Group Corporation

6.3 HBIS Group Co. Ltd

6.4 Aowei Holding Ltd

7. Fiscal Regime

7.1 Governing Bodies

– State Council

– Ministry of Natural Resources (MNR)

– National Development and Reform Commission (NDRC)

– National Energy Administration (NEA)

– Department of Resource Conservation and Environmental Protection

– Ministry of Ecology and Environment

– China Geological Survey

7.2 Laws, Rights and Obligations

– Mineral Resources Law

– Mining License

– Mining Fees Exemption

– Mining License Validity

– Area Forbidden for Mining

– Regulations on administration of geological data

– Coal Law

– Establishment of a Coal Mining Enterprise

– Law on Safety in Mines

– Environmental Protection Law

– Energy Conservation Law

– Foreign Investment Law (FIL)

– Exploration and Mining Rights

– Obligations

7.3 Taxes and Payments

– Resource Tax

– Environmental Protection Tax

– Consumption Tax

– Value Added Tax (VAT)

– Land Appreciation Tax

– Corporate Income Tax

– Commodity Export Tax

– Withholding Tax

– Export Tax Rebate

– Deed Tax

– Stamp Tax

8. Appendix

8.1 Abbreviations

8.2 Methodology

8.3 Coverage

8.4 Secondary Research

| Contact Us

Table

Table 1: China Iron Ore Mining – Historical and Forecast Iron Ore Production (Million Tonnes), 2005-2025

Table 2: China Iron Ore Mining – Iron Ore Prices Quarterly (US$/Tonne), Q1 2015-Q1 2021

Table 3: China Iron Ore Mining – Active Mines, 2021

Table 4: China Iron Ore Mining – Exploration Projects, 2021

Table 5: China Iron Ore Mining – Development Projects, 2021

Table 6: China Iron Ore Mining – Historical and Forecast Iron Ore Imports (Million Tonnes), 2005-2025

Table 7: China Iron Ore Mining – Number of Operating, Development and Exploration Projects by Company, by Stage, 2021

Table 8: China Iron Ore Mining – Anshan Iron and Steel Group Corporation, Major Projects, 2021

Table 9: China Iron Ore Mining – HBIS Group Co. Ltd Major Projects, 2021

Table 10: China Iron Ore Mining – Aowei Holding Ltd, Major Projects, 2021

Table 11: China’s Mining Fiscal Regime – Resource Tax, 2020

Table 12: China’s Mining Fiscal Regime – Environmental Protection Tax, 2020

Table 13: China’s Mining Fiscal Regime – Value Added Tax (VAT), 2020

Table 14: China’s Mining Fiscal Regime – Land Appreciation Tax, 2020

Table 15: China’s Mining Fiscal Regime – Commodity Export Tax, 2021

Figures

Figure 1: China Iron Ore Mining – Share of Iron Ore Reserves by Country (%), as of January 2021

Figure 2: China Iron Ore Mining – Iron Ore Reserves in China (Billion Tonnes), 2017-2021

Figure 3: China Iron Ore Mining – Iron Ore Content in China (Billion Tonnes), 2017-2021

Figure 4: China Iron Ore Mining – Historical and Forecast Iron Ore Production (Million Tonnes), 2005-2025

Figure 5: China Iron Ore Mining – Iron Ore Prices, Quarterly (US$/Tonnes), Q1 2015 – Q1 2021

Figure 6: China Iron Ore Mining – China Iron Ore Consumption vs. China Steel Production (Million Tonnes), 2010-2025

Figure 7: China Iron Ore Mining – China Construction Output Value (US$ Billion), 2010-2025

Figure 8: China Iron Ore Mining – Historical and Forecast Iron Ore Imports (Million Tonnes) 2005-2025

Figure 9: China Iron Ore Mining – Number of Operating, Development and Exploration Projects by Company, by Stage, 2021

Frequently asked questions

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