Study On Domestic Enterprises' Strategy And Risk Control Of Overseas Non-energy Mineral Expanding

Mineral resources are not only the material base that the human being depend on for existence, but also the important guarantee of one country's safety and economy development. Today, with the rapid increase of global economy, more mineral resources are required by the human being. Economic globalization has brought along mineral resources' globalization and also aggravated the contention for them by international society, and our contry took part in the activities of exploiting and utilizing overseas mineral resources too. To obtain stable mineral resources and insure homeland taking favorable position in the global mining competition, many developed countries and developing countries have adopted definite strategic measures to promote the development of native enterprises on overseas mining. With austere domestic resources shortage and overseas mining competition, there is important strategic significance to discusses the strategy of mining development beyond the sea.This paper takes our non-energy mineral enterprises' exploiting and utilizing overseas mineral resources as its study object, gives Western Mining Corporation Group as an analyzing and explaining demonstration. Basing on investigating domestic mining position and the status quo of exploiting overseas mineral resources,expatiating theories on developing countries' transnational investment and enterprise core competence,contrasting developed countries' mineral enterprises' development and different regions' mining investment environment, it analyzes the characteristics,risks and obstacles of our native non-energy mineral enterprises exploiting overseas mineral resources deeply, mainly discusses mineral enterprises' strategy on expanding overseas mining, and with case studying on domestic mining enterprises' overseas expanding, analyzes the risk assessment method of overseas non-energy mining investment projects,and proposes some corresponding risk control measures.This paper includes seven chapters.Chapter 1 introduces the reasons to study the problem and the meaning,the status quo on this research, it also introduces the study methods and main research contents of this paper, expatiates the economic theories and our state development strategy on our mineral enterprises' transnational investment. Chapter 2 analyzes the global mining development status,the inevitability,feasibility and favorable characteristics of our mining's overseas expanding. Chapter 3 analyzes the characteristics and risks of our non-energy mineral enterprises' overseas direct investment. Chapter 4 analyzes the non-energy mineral resources' distribution in the world and the mining investment environment of those mainly aimed regions, and probes into the strategic choice on overseas expanding regions in the view of mineral resources's technical exploiting potential and mining investment environment. In this chapter, the evaluation method on exploiting potential of the overseas non-energy mineral resources is also studied and an evaluation system of exploiting potential in different regions is elementarily designed based on analyzing the mainly economic environment factors that influence our non-energy mineral enterprises' development. Chapter 5 expatiates on the relational theory of enterprise core competence, enumerates some mainly problems that influencing the international competitiveness of our expanding mineral enterprises, and discusses the expanding strategy for our non-energy mineral enterprises on development and organization mode,risk management of prophase investment,financing and routine management and so on based on analyzing the successful development laws of top-ranking transnational non-energy mineral enterprises. Chapter 6 elaborates the recognition process of overseas non-energy mineral investment projects' risks, and based on analyzing the case of West Mining Corporation Group's overseas investment project, a risks assessment index system of overseas non-energy mineral investment projects is established and a project's risks evaluation model is constructed based on the fuzzy neural network with using a fuzzy mathematics and neural network combinative method, some risks controling measures are proposed.Contraposing the characteristics of our native non-energy mineral enterprises' overseas direct investment and the risks that may exist,the characteristics of non-energy mineral resources' distribution in the world,the status of the mining investment environment in those mainly aimed regions and the whereabouts of obstacles that exist in our native non-energy mineral enterprises' international development, this paper points out that: our native non-energy mineral enterprises should stressly go to a majority of Africa countries and our circumjacent countries to exploit and utilize mineral resources, where our enterprises have comparative advantages, and at the same time, our enterprises should actively participate in other regions' mineral resources exploitation; our enterprises should choose the best potential deposit of an expanding region as we can and avoid exploiting deposits with complicated geological conditions now; our enterprises may take measures such as investigating in advance,evading in advance,doing enough working on analyzing and evaluating the risks,choosing good mining project,strengthening the cooperation with local enterprises and banks,adopting enterprises' Strong-Strong Union,founding and cultivating a mining project operation team and so on to control investment risks that may exist; our enterprises may take strategy or tactics such as choosing appropriate enterprise development strategy mode,adopting enterprise strategic alliance,adopting teamship and specialization prophase investigation on every mining project,adopting procedural investment decision,exploiting and utilizing most absent mineral resources to strive for national fund sustainment,improving enterprise system construction,adopting mainland operation,adopting semi-closed management,fulfilling corporate social responsibility and so on to promote enterprise's international development. Based on analyzing the case of domestic enterprises' overseas non-energy mineral investment projects, a overseas non-energy mineral investment project's risks evaluation model is constructed with the fuzzy neural network method. With verification, the risk assessment result by this model is considered meeting the actual analysis.