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  • China's non-oil and gas exploration spending rises for fourth straight year

    2025-05-29 13:42:31   [Print]
    China invested RMB22.Asian Metal Copyright The top five regions by investment were Xinjiang, Inner Mongolia, Sichuan, Gansu, and Yunnan.Asian Metal Copyright96 billion (USD3.Asian Metal Copyright A total of 150 new mineral deposits were discovered in 2024, including 49 large, 54 medium, and 47 small-sized sites.Asian Metal Copyright19 billion) in non-oil and gas geological exploration in 2024, a 14.Asian Metal Copyright96 billion USD3.Asian Metal Copyright4% increase year-on-year, according to the latest report from the Ministry of Natural Resources.Asian Metal Copyright Mineral exploration accounted for 60.Asian Metal Copyright This marks the fourth consecutive year of growth.

    Mineral exploration accounted for 60.6% of the total, with spending up 18.Asian Metal CopyrightChina invested RMB22.Asian Metal Copyright4%.Asian Metal Copyright96 billion USD3.Asian Metal Copyright The top five regions by investment were Xinjiang, Inner Mongolia, Sichuan, Gansu, and Yunnan.Asian Metal Copyright The top five regions by investment were Xinjiang, Inner Mongolia, Sichuan, Gansu, and Yunnan.Asian Metal Copyright Investment was mainly spent in the finding of gold, coal, copper, uranium, lead-zinc, and iron, with increased funding for rare earths, phosphate, molybdenum, tin, and others compared with 2023.

    As of the end of 2024, there were 11,681 valid non-oil and gas exploration licenses nationwide, up by 3.8% from the previous year.

    A total of 150 new mineral deposits were discovered in 2024, including 49 large, 54 medium, and 47 small-sized sites. The most commonly found minerals were granite for construction, fluorspar, lithium, gold, and iron ore.

    .Asian Metal Copyright A total of 150 new mineral deposits were discovered in 2024, including 49 large, 54 medium, and 47 small-sized sitesAsian Metal Copyright
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