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Global Surface Mining Market Research Report 2025

Industry: Chemical & Material

Published Date: 2025-02-24

Pages: 74 Pages

Report ld: 4206304

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Table of Contents
Table of Figures
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Description
Table of Contents
Table of Figures
Related Reports
PDF Download

Surface Mining Market Size(US$)

CAGR 2025-2031

2.4%

Market Size,2031

USD 34,980

Million

Market Snapshot

Market Size in 2025 (Value)

US$ 30,340 million

Market Forecast in 2031(Value)

US$ 34,980 million

CAGR

2.4%

Years Considered

2020-2031

Base Year

2025

Forecast Period

2025-2031

Source: Secondary research, interviews with experts, and QYResearch analysis

The global market for Surface Mining was valued at US$ 29700 million in the year 2024 and is projected to reach a revised size of US$ 34980 million by 2031, growing at a CAGR of 2.4% during the forecast period.

North American market for Surface Mining is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Surface Mining is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The global market for Surface Mining in Iron-Ore is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global companies of Surface Mining include Newmont, Teck, Rio Tinto, VALE, BHP Billiton, Freeport-McMoran, Barrick Gold, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Surface Mining, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Surface Mining.

The Surface Mining market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Surface Mining market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Surface Mining companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

MARKET SEGMENTATION

By Company

Newmont
Teck
Rio Tinto
VALE
BHP Billiton
Freeport-McMoran
Barrick Gold

Consumption by Region

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA

Segment by Type

Strip Mining
Terrace Mining
Open-Pit Mining

Segment by Application

Iron-Ore
Coal
Copper Ore
Diamond
Chromium
Others

biaoTi CHAPTER OUTLINE

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Surface Mining company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

biaoTi QYRESEARCH'S STRENGTHS

Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:

Market entry risks/opportunities by region

We identify regional market threats and growth prospects to guide your overseas layout.

Product mix optimization based on local practices

We adjust product portfolios in line with local consumption habits.

Competitor tactics in fragmented vs. consolidated markets

We unpack rivals’ operation strategies for scattered and highly concentrated industries.

Full Research Coverage

We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.

19 Years Industry Expertise

We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.

24/7 Fast Report Delivery

Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.

Localized Strategic Analysis

We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.

Market entry risks/opportunities by region

All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.

Market entry risks/opportunities by region

We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.

TABLE OF CONTENTS

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Surface Mining Market Size Growth Rate by Type: 2020 VS 2024 VS 2031

1.2.2 Strip Mining

1.2.3 Terrace Mining

1.2.4 Open-Pit Mining

1.3 Market by Application

1.3.1 Global Surface Mining Market Growth by Application: 2020 VS 2024 VS 2031

1.3.2 Iron-Ore

1.3.3 Coal

1.3.4 Copper Ore

1.3.5 Diamond

1.3.6 Chromium

1.3.7 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Surface Mining Market Perspective (2020-2031)

2.2 Global Surface Mining Growth Trends by Region

2.2.1 Global Surface Mining Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Surface Mining Historic Market Size by Region (2020-2025)

2.2.3 Surface Mining Forecasted Market Size by Region (2026-2031)

2.3 Surface Mining Market Dynamics

2.3.1 Surface Mining Industry Trends

2.3.2 Surface Mining Market Drivers

2.3.3 Surface Mining Market Challenges

2.3.4 Surface Mining Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Surface Mining Players by Revenue

3.1.1 Global Top Surface Mining Players by Revenue (2020-2025)

3.1.2 Global Surface Mining Revenue Market Share by Players (2020-2025)

3.2 Global Surface Mining Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Surface Mining Revenue

3.4 Global Surface Mining Market Concentration Ratio

3.4.1 Global Surface Mining Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Surface Mining Revenue in 2024

3.5 Global Key Players of Surface Mining Head office and Area Served

3.6 Global Key Players of Surface Mining, Product and Application

3.7 Global Key Players of Surface Mining, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Surface Mining Breakdown Data by Type

4.1 Global Surface Mining Historic Market Size by Type (2020-2025)

4.2 Global Surface Mining Forecasted Market Size by Type (2026-2031)

5 Surface Mining Breakdown Data by Application

5.1 Global Surface Mining Historic Market Size by Application (2020-2025)

5.2 Global Surface Mining Forecasted Market Size by Application (2026-2031)

6 North America

6.1 North America Surface Mining Market Size (2020-2031)

6.2 North America Surface Mining Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Surface Mining Market Size by Country (2020-2025)

6.4 North America Surface Mining Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Surface Mining Market Size (2020-2031)

7.2 Europe Surface Mining Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Surface Mining Market Size by Country (2020-2025)

7.4 Europe Surface Mining Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Surface Mining Market Size (2020-2031)

8.2 Asia-Pacific Surface Mining Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Surface Mining Market Size by Region (2020-2025)

8.4 Asia-Pacific Surface Mining Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Surface Mining Market Size (2020-2031)

9.2 Latin America Surface Mining Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Surface Mining Market Size by Country (2020-2025)

9.4 Latin America Surface Mining Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Surface Mining Market Size (2020-2031)

10.2 Middle East & Africa Surface Mining Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Surface Mining Market Size by Country (2020-2025)

10.4 Middle East & Africa Surface Mining Market Size by Country (2026-2031)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 Newmont

11.1.1 Newmont Company Details

11.1.2 Newmont Business Overview

11.1.3 Newmont Surface Mining Introduction

11.1.4 Newmont Revenue in Surface Mining Business (2020-2025)

11.1.5 Newmont Recent Development

11.2 Teck

11.2.1 Teck Company Details

11.2.2 Teck Business Overview

11.2.3 Teck Surface Mining Introduction

11.2.4 Teck Revenue in Surface Mining Business (2020-2025)

11.2.5 Teck Recent Development

11.3 Rio Tinto

11.3.1 Rio Tinto Company Details

11.3.2 Rio Tinto Business Overview

11.3.3 Rio Tinto Surface Mining Introduction

11.3.4 Rio Tinto Revenue in Surface Mining Business (2020-2025)

11.3.5 Rio Tinto Recent Development

11.4 VALE

11.4.1 VALE Company Details

11.4.2 VALE Business Overview

11.4.3 VALE Surface Mining Introduction

11.4.4 VALE Revenue in Surface Mining Business (2020-2025)

11.4.5 VALE Recent Development

11.5 BHP Billiton

11.5.1 BHP Billiton Company Details

11.5.2 BHP Billiton Business Overview

11.5.3 BHP Billiton Surface Mining Introduction

11.5.4 BHP Billiton Revenue in Surface Mining Business (2020-2025)

11.5.5 BHP Billiton Recent Development

11.6 Freeport-McMoran

11.6.1 Freeport-McMoran Company Details

11.6.2 Freeport-McMoran Business Overview

11.6.3 Freeport-McMoran Surface Mining Introduction

11.6.4 Freeport-McMoran Revenue in Surface Mining Business (2020-2025)

11.6.5 Freeport-McMoran Recent Development

11.7 Barrick Gold

11.7.1 Barrick Gold Company Details

11.7.2 Barrick Gold Business Overview

11.7.3 Barrick Gold Surface Mining Introduction

11.7.4 Barrick Gold Revenue in Surface Mining Business (2020-2025)

11.7.5 Barrick Gold Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

TABLE OF FIGURES

List of Tables

Table 1. Global Surface Mining Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Key Players of Strip Mining

Table 3. Key Players of Terrace Mining

Table 4. Key Players of Open-Pit Mining

Table 5. Global Surface Mining Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 6. Global Surface Mining Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

Table 7. Global Surface Mining Market Size by Region (2020-2025) & (US$ Million)

Table 8. Global Surface Mining Market Share by Region (2020-2025)

Table 9. Global Surface Mining Forecasted Market Size by Region (2026-2031) & (US$ Million)

Table 10. Global Surface Mining Market Share by Region (2026-2031)

Table 11. Surface Mining Market Trends

Table 12. Surface Mining Market Drivers

Table 13. Surface Mining Market Challenges

Table 14. Surface Mining Market Restraints

Table 15. Global Surface Mining Revenue by Players (2020-2025) & (US$ Million)

Table 16. Global Surface Mining Market Share by Players (2020-2025)

Table 17. Global Top Surface Mining Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Surface Mining as of 2024)

Table 18. Ranking of Global Top Surface Mining Companies by Revenue (US$ Million) in 2024

Table 19. Global 5 Largest Players Market Share by Surface Mining Revenue (CR5 and HHI) & (2020-2025)

Table 20. Global Key Players of Surface Mining, Headquarters and Area Served

Table 21. Global Key Players of Surface Mining, Product and Application

Table 22. Global Key Players of Surface Mining, Date of Enter into This Industry

Table 23. Mergers & Acquisitions, Expansion Plans

Table 24. Global Surface Mining Market Size by Type (2020-2025) & (US$ Million)

Table 25. Global Surface Mining Revenue Market Share by Type (2020-2025)

Table 26. Global Surface Mining Forecasted Market Size by Type (2026-2031) & (US$ Million)

Table 27. Global Surface Mining Revenue Market Share by Type (2026-2031)

Table 28. Global Surface Mining Market Size by Application (2020-2025) & (US$ Million)

Table 29. Global Surface Mining Revenue Market Share by Application (2020-2025)

Table 30. Global Surface Mining Forecasted Market Size by Application (2026-2031) & (US$ Million)

Table 31. Global Surface Mining Revenue Market Share by Application (2026-2031)

Table 32. North America Surface Mining Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 33. North America Surface Mining Market Size by Country (2020-2025) & (US$ Million)

Table 34. North America Surface Mining Market Size by Country (2026-2031) & (US$ Million)

Table 35. Europe Surface Mining Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 36. Europe Surface Mining Market Size by Country (2020-2025) & (US$ Million)

Table 37. Europe Surface Mining Market Size by Country (2026-2031) & (US$ Million)

Table 38. Asia-Pacific Surface Mining Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

Table 39. Asia-Pacific Surface Mining Market Size by Region (2020-2025) & (US$ Million)

Table 40. Asia-Pacific Surface Mining Market Size by Region (2026-2031) & (US$ Million)

Table 41. Latin America Surface Mining Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 42. Latin America Surface Mining Market Size by Country (2020-2025) & (US$ Million)

Table 43. Latin America Surface Mining Market Size by Country (2026-2031) & (US$ Million)

Table 44. Middle East & Africa Surface Mining Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 45. Middle East & Africa Surface Mining Market Size by Country (2020-2025) & (US$ Million)

Table 46. Middle East & Africa Surface Mining Market Size by Country (2026-2031) & (US$ Million)

Table 47. Newmont Company Details

Table 48. Newmont Business Overview

Table 49. Newmont Surface Mining Product

Table 50. Newmont Revenue in Surface Mining Business (2020-2025) & (US$ Million)

Table 51. Newmont Recent Development

Table 52. Teck Company Details

Table 53. Teck Business Overview

Table 54. Teck Surface Mining Product

Table 55. Teck Revenue in Surface Mining Business (2020-2025) & (US$ Million)

Table 56. Teck Recent Development

Table 57. Rio Tinto Company Details

Table 58. Rio Tinto Business Overview

Table 59. Rio Tinto Surface Mining Product

Table 60. Rio Tinto Revenue in Surface Mining Business (2020-2025) & (US$ Million)

Table 61. Rio Tinto Recent Development

Table 62. VALE Company Details

Table 63. VALE Business Overview

Table 64. VALE Surface Mining Product

Table 65. VALE Revenue in Surface Mining Business (2020-2025) & (US$ Million)

Table 66. VALE Recent Development

Table 67. BHP Billiton Company Details

Table 68. BHP Billiton Business Overview

Table 69. BHP Billiton Surface Mining Product

Table 70. BHP Billiton Revenue in Surface Mining Business (2020-2025) & (US$ Million)

Table 71. BHP Billiton Recent Development

Table 72. Freeport-McMoran Company Details

Table 73. Freeport-McMoran Business Overview

Table 74. Freeport-McMoran Surface Mining Product

Table 75. Freeport-McMoran Revenue in Surface Mining Business (2020-2025) & (US$ Million)

Table 76. Freeport-McMoran Recent Development

Table 77. Barrick Gold Company Details

Table 78. Barrick Gold Business Overview

Table 79. Barrick Gold Surface Mining Product

Table 80. Barrick Gold Revenue in Surface Mining Business (2020-2025) & (US$ Million)

Table 81. Barrick Gold Recent Development

Table 82. Research Programs/Design for This Report

Table 83. Key Data Information from Secondary Sources

Table 84. Key Data Information from Primary Sources

Table 85. Authors List of This Report

List of Figures

Figure 1. Surface Mining Picture

Figure 2. Global Surface Mining Market Size Comparison by Type (2020-2031) & (US$ Million)

Figure 3. Global Surface Mining Market Share by Type: 2024 VS 2031

Figure 4. Strip Mining Features

Figure 5. Terrace Mining Features

Figure 6. Open-Pit Mining Features

Figure 7. Global Surface Mining Market Size by Application (2020-2031) & (US$ Million)

Figure 8. Global Surface Mining Market Share by Application: 2024 VS 2031

Figure 9. Iron-Ore Case Studies

Figure 10. Coal Case Studies

Figure 11. Copper Ore Case Studies

Figure 12. Diamond Case Studies

Figure 13. Chromium Case Studies

Figure 14. Others Case Studies

Figure 15. Surface Mining Report Years Considered

Figure 16. Global Surface Mining Market Size (US$ Million), Year-over-Year: 2020-2031

Figure 17. Global Surface Mining Market Size, (US$ Million), 2020 VS 2024 VS 2031

Figure 18. Global Surface Mining Market Share by Region: 2024 VS 2031

Figure 19. Global Surface Mining Market Share by Players in 2024

Figure 20. Global Top Surface Mining Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Surface Mining as of 2024)

Figure 21. The Top 10 and 5 Players Market Share by Surface Mining Revenue in 2024

Figure 22. North America Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 23. North America Surface Mining Market Share by Country (2020-2031)

Figure 24. United States Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 25. Canada Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 26. Europe Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 27. Europe Surface Mining Market Share by Country (2020-2031)

Figure 28. Germany Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 29. France Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 30. U.K. Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 31. Italy Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 32. Russia Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 33. Nordic Countries Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 34. Asia-Pacific Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 35. Asia-Pacific Surface Mining Market Share by Region (2020-2031)

Figure 36. China Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 37. Japan Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 38. South Korea Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 39. Southeast Asia Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 40. India Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 41. Australia Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 42. Latin America Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 43. Latin America Surface Mining Market Share by Country (2020-2031)

Figure 44. Mexico Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 45. Brazil Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 46. Middle East & Africa Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 47. Middle East & Africa Surface Mining Market Share by Country (2020-2031)

Figure 48. Turkey Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 49. Saudi Arabia Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 50. UAE Surface Mining Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 51. Newmont Revenue Growth Rate in Surface Mining Business (2020-2025)

Figure 52. Teck Revenue Growth Rate in Surface Mining Business (2020-2025)

Figure 53. Rio Tinto Revenue Growth Rate in Surface Mining Business (2020-2025)

Figure 54. VALE Revenue Growth Rate in Surface Mining Business (2020-2025)

Figure 55. BHP Billiton Revenue Growth Rate in Surface Mining Business (2020-2025)

Figure 56. Freeport-McMoran Revenue Growth Rate in Surface Mining Business (2020-2025)

Figure 57. Barrick Gold Revenue Growth Rate in Surface Mining Business (2020-2025)

Figure 58. Bottom-up and Top-down Approaches for This Report

Figure 59. Data Triangulation

Figure 60. Key Executives Interviewed

KEY QUESTIONS ADDRESSED BY THE REPORT

What was the global market size of Surface Mining in 2025? zhanKai

The global market size of Surface Mining in 2025 was 30340 Million USD.

Which region is expected to have the highest market share? shouQi

Which companies rank high in the global Surface Mining market? shouQi

What is the annual compound growth rate of the global Surface Mining market size from 2025 to 2031? shouQi

What was the global market size of Surface Mining in 2031? shouQi

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