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China advances in mineral explorations in H1, discovering 38 new mineral deposits

China

China advances in mineral explorations in H1, discovering 38 new mineral deposits
China

China

China advances in mineral explorations in H1, discovering 38 new mineral deposits

2025-07-10 17:33 Last Updated At:07-11 00:37

China has achieved significant progress in mineral exploration during the first half of 2025, with 38 new mineral deposits discovered and continued growth in non-oil and gas mineral exploration investment, the Ministry of Natural Resources announced on Thursday. 

In the first six months of this year, China identified 38 mineral deposits, marking a 31 percent year-on-year increase, including 25 large and medium-sized sites. Major discoveries included 3.37 million tons of rubidium deposit in Xinglong County, north China's Hebei Province, and 81 tons of newly verified gold reserves in Tekes County, northwest China's Xinjiang Uygur Autonomous Region.  Most of the mineral exploration targets set in the 14th Five-Year Plan (2021-2025) have already been achieved ahead of schedule, according to the ministry. 

In the first half of 2025, China's non-oil and gas mineral exploration investment reached 6.693 billion yuan (943.71 million U.S. dollars), up 23.9 percent year on year. During the period, exploration investment in tin, bauxite, tungsten, copper, and phosphate surged by over 50 percent year on year, while investment in coal, lead-zinc, molybdenum, gold, and graphite also saw varying degrees of growth. 

"In terms of the structure of mineral exploration investment in the first half of the year, private capital reached 3.359 billion yuan (about 473.62 million U.S. dollars), a 28.2 percent year-on-year increase, representing 48 percent of total sector investment. This demonstrates growing corporate interest in mineral exploration. With the implementation of the revised Mineral Resources Law, we will enhance fundamental geological work, and intensify efforts to launch a new round of strategic mineral exploration programs to further enhance the national energy and resource security capabilities," said Niu Li, Deputy Director of the ministry's geological exploration department. 

China advances in mineral explorations in H1, discovering 38 new mineral deposits

China advances in mineral explorations in H1, discovering 38 new mineral deposits

President of the Republic of Korea (ROK) Lee Jae Myung has expressed his hope that his upcoming visit to China will help eliminate past misunderstandings and issues, underscoring the importance of ties between the two countries.

At the invitation of Chinese President Xi Jinping, Lee will pay a state visit to China from Jan 4 to 7. It will be Lee's first visit to China since he took office.

In an interview with China Media Group (CMG) in Seoul on Wednesday, Lee acknowledged the existing misunderstandings and issues between the two countries, noting that addressing these issues is a key goal of his visit.

"The current international landscape is turbulent, with escalating issues among various countries. In this context, the relationship between the Republic of Korea and China holds significant importance for us. the ROK and China are deeply interconnected in many areas, including history, economy, geopolitics, politics and security. Northeast Asia's peace, stability, mutual respect, and common prosperity are crucial for both countries," said Lee.

"Admittedly, there have been some misunderstandings and issues between the ROK and China, which have hindered the development of bilateral relations to some extent. Therefore, the purpose of my upcoming visit to China is to minimize or eliminate these past issues, foster a leap in our bilateral relations to a new level, and solidify the ROK and China as partners that mutually support each other's development," he said.

ROK President hopes to reduce misunderstandings with China during upcoming visit

ROK President hopes to reduce misunderstandings with China during upcoming visit

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