Rare Earth | 4 New Deposits of Rare Earth and Other Key Resources Discovered in Sichuan and Gansu

China’s new round of mineral exploration strategies has achieved significant breakthroughs. According to the latest information from the Ministry of Natural Resources, recent discoveries of four key mineral resources have been made in the regions of Mianyang, Sichuan, and Dangchang, Gansu, including rare earth elements, fluorite, barite, and antimony ore.

Mainland media reports that this discovery of new solid mineral resources not only enriches China’s resource reserves but also provides a solid material foundation for the stable supply of related industrial chains, holding high strategic value.

Among them, rare earth elements are indispensable for high-tech industries, while fluorite and barite are essential raw materials for chemical and energy extraction industries. In military manufacturing, advanced industries, and semiconductor fields, these four materials play irreplaceable roles. They are key raw materials for manufacturing precision equipment, high-performance semiconductor devices, and advanced weapon systems, directly related to national industrial security and global competitiveness.

During the 14th Five-Year Plan period, China has discovered 10 billion-ton oil fields and 19 large gas fields. The resource quantities of key minerals such as uranium, copper, gold, lithium, and potash salts have seen significant growth. A number of world-class resource bases have emerged, including the super-billion-ton copper mine in Tibet, the super-large gold mine in Laizhou, Shandong, and the largest single lithium mine in Asia discovered in Yajiang, Sichuan.