The cooling of China's feverish growth is threatening to turn a decade-long mining boom into bust for many domestic miners. With cost containment being key in the face of falling commodity prices, Chinese miners will be forced to recalibrate their investment approach over the coming quarters. While state-owned mines are generally more insulated from the weakness in commodities prices, the Chinese government's gradual embrace of free market economics should pave the way for some much needed consolidation and restructuring in the mining industry.

BMI Industry View 7

SWOT 9

Industry Forecast 10

Bauxite: Pushing For Supply Security 10

      Table: China - Bauxite Production Forecast 12

Coal: Digging Continues, Despite Green Push 12

Efficiency Gains With Consolidation Push 15

      Table: China - Select Coal Mining Projects 16

Taming Pollution 16

      Table: China - Coal Production Forecast 17

Copper: Supported By Self-Sufficiency Push 18

      Table: China - Select Copper Projects 19

      Table: China - Copper Production Forecast 20

Gold: Growth To Continue On Robust Appetite 20

Chinese Miners Better Insulated 21

Gold Bulls In Asia 21

Compelling Case For Gold In China 22

Struggling To Increase Domestic Output 23

      Table: China - Largest Gold Projects 24

Heading Abroad For All That Glitters 25

      Table: China - Gold Production Forecast 26

Iron Ore: Growth To Lose Momentum 27

      Table: China - Select Iron Ore Projects 32

      Table: China - Iron Ore Production Forecast 32

Lead: Autos Sector To Lend Support 33

      Table: China - Select Lead Mining Projects 34

      Table: China - Lead Production Forecast 34

Nickel: Set For Slowing Growth 35

      Table: China - Select Nickel Projects 38

      Table: China - Nickel Production Forecast 38

Tin: Yunnan Tin Takes Charge 38

      Table: China - Tin Production Forecast 41

Zinc: Little Impetus For Expansion 41

      Table: China - Zinc Production Forecast 44

Industry Risk Reward Ratings 45

Risk/Reward Ratings 45

Resource Nationalism On The Retreat 45

Frontier Markets Losing Attraction 45

      Table: Asia Mining Risk/Reward Ratings 46

Country Highlights 46

Australia: An Improving Landscape 46

China: Darkening Outlook 47

India: Stumbling Blocks Remain, Despite Reforms 47

Indonesia: Further Policy Moderation Ahead 48

Mongolia: Government Unlikely To Overplay Its Hand 48

Philippines: Taxing Times 49

Japan: Little Potential In Sight 50

South Korea: Few Bright Spots 50

Market Overview 52

      Table: China - Mining Industry Value & Production Forecasts 56

Regulatory Development 57

Growing Emphasis On Green Initiatives 57

      Table: Asia - Mining Regulatory Scorecard 59

      Table: Political Overview 60

Commodities Forecast 62

Commodity Strategy 62

Aluminium: Continued Short-Term Weakness 64

Copper: Recent Strength Doesn't Change Our View 65

Nickel: Recent Strength To Subside 67

Zinc: Price Momentum To Continue 69

      Table: Select Commodities - Performance & BMI Forecasts 70

      Table: Global Commodities Strategy 71

Competitive Landscape 72

      Table: China - Select Listed Mining Companies 73

Company Profile 74

Aluminum Corporation of China (Chalco) 74

Company Overview 75

Latest Financial Results 75

      Table: Chalco - Key Financial Data 77

China Shenhua Energy 78

      Table: Shenhua Energy - Key Financial Data 80

Jiangxi Copper 82

      Table: Jiangxi Copper - Key Financial Data 85

Shandong Gold 87

      Table: Shandong Gold - Key Financial Data 90

Regional Overview 91

Asia Overview 91

Global Industry Overview 99

Methodology 111

Industry Forecast Methodology 111

Sources 112

Risk/Reward Rating Methodology 113

      Table: Mining Risk/Reward Ratings Indicators 114

      Table: Weighting Of Indicators 115

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