Thursday, July 10, 2025

Mineral exploration investment surges in China

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Mineral exploration investment in China surged in the first half of 2025, driving new resource discoveries across the country. The Ministry of Natural Resources confirmed 38 newly found mineral deposits from January to June. Notably, that number marks a 31% increase compared to the same period last year.

Out of the 38 discoveries, 25 are classified as large or medium-sized. Specifically, these include rich reserves of rubidium and gold. In Xinglong County, Hebei Province, geologists uncovered 3.37 million tons of rubidium. Meanwhile, in Tekes County, Xinjiang, explorers found 81 tons of gold.

Moreover, authorities revealed that China has now reached most of its mineral discovery goals for the 14th Five-Year Plan. That plan runs from 2021 to 2025. Experts consider this a major achievement in advance of schedule.

In addition, exploration funding continues to rise nationwide. From January to June, China invested 6.69 billion yuan ($932 million) into non-oil and gas mineral projects. That figure represents a 23.9% year-on-year growth.

Private companies also played a major role in this trend. Their contribution totaled 3.36 billion yuan, accounting for 48% of all mineral funding. This reflects a 28.2% increase over the previous year. Analysts say business interest in mining is stronger than ever.

Furthermore, specific minerals saw especially sharp increases in funding. Investments in tin, bauxite, tungsten, copper, and phosphorus grew by over 50%. Coal, lead-zinc, molybdenum, gold, and graphite also received more financial support.

Officials credit the growth to strong policy support and favorable market conditions. Niu Li, a Ministry official, stated that private firms are showing rising enthusiasm for long-term exploration.

Looking ahead, China plans to strengthen geological surveys and increase exploration efforts. The newly revised Mineral Resources Law will guide these initiatives. Authorities hope to boost energy and resource security nationwide.

As a result, mineral exploration investment remains a core strategy for China’s economic and industrial planning. With growing deposits and higher private participation, the country looks set for continued gains in 2025 and beyond.

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