China Rare Earth Group has achieved a major breakthrough in the prospecting and exploration of rare earths in the Liangshan region of Sichuan. During a seminar held between September 12 and 13, an increase in reserves of 4.96 million tons of rare earth oxides was confirmed. rare earth oxides (REO). This expansion represents a significant step in the effort to secure the supply of strategic mineral resources.
Also during the event, Ao Hong, secretary of the Party Committee and chairman of the China Rare Earth Group, together with Yin Jiangtao, member of the Liangshan Standing Committee and executive vice president, highlighted the importance of this discovery for the national mineral resource strategy. The director of the Institute of Mineral Resources of the Chinese Academy of Geological Sciences also presented a special report on the progress and future plans in rare earth exploration in the region.
Rare earth exploration for sustainable development
At the visit to the Maoniuping rare earth mine, experts evaluated the results of the expansion project, verifying the increase in reserves and production. The original field data and the completed phases of the project showed that the tasks were executed according to plan, resulting in a significant increase in resources.
Since the establishment of China Rare Earth Group, the company has made it a priority to contribute to the security of rare earth supply. The company has carried out resource integration and industry collaboration work, exceeding initial targets and enhancing its control capabilities over the rare earth industry. The group has increased its investment in exploration to ensure the expansion of reserves and support the sustainable development of the mining industry in China.
Strategy and future development
China Rare Earth Group is focusing on a new stage of innovation in mineral exploration, promoting research and development of environmentally friendly exploration processes. In the context of international competition, the company will seize the opportunities offered by state reforms to consolidate its position as a world leader in rare earth production and supply. By focusing on key objectives such as expanding resources, stabilizing supply and reducing costs, the company seeks to strengthen the security of rare earth resources for the country.
Collaboration and continued development of new exploration and production techniques will enable China Rare Earth Group to achieve new goals, contributing significantly to the security and self-sufficiency in the supply of these strategic minerals.
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Source: China Rare Earth Group
Photo: shutterstock
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