In the next 20 years, China’s minerals have been delineated for 25 kinds of scarce minerals.

At the time of the negotiation of iron ore prices between China and foreign countries, the Chinese government has begun a large-scale investigation of the mineral resources, and iron ore and copper mines with high dependence on foreign countries are included.
The Ministry of Land and Resources recently issued the "National Mineral Resources Potential Evaluation Overall Implementation Plan" (hereinafter referred to as "Mineral Resources Potential Evaluation"), and decided to carry out evaluation of the resource potential of 25 minerals. The specific objectives relate to predicting the proven trends of important mineral resources in the next 20 years, the development capacity growth trend and the strategic layout of the mineral resources development base.
"This time it is mainly to find out the bottom of China's mineral resources and expand the reserves of resources to facilitate further exploration. In addition, it is more important to alleviate China's resource bottlenecks, develop mineral resources strategies for the country and medium- and long-term planning of the national economy. Provide decision-making basis." Yan Tiexiong, a researcher at the Ministry of Land and Resources Consulting and Research Center, said.
According to the above-mentioned implementation plan, the evaluation will lead the province to take the lead in carrying out the forecast of the total amount of important mineral resources, and then the Ministry of Land and Resources will be responsible for summarizing the national single-mineral total forecast, and then the single-mineral resources will be estimated. To basically understand the potential of the country's important mineral resources and its spatial distribution.
Xu Shaoshi, Minister of Land and Resources, said in a recent inspection in Henan that China is in the middle of industrialization and urbanization, and resource constraints will exist for a long time. In the next 10 or 20 years, or even longer, the demand for resources will be rigid and continuous. The upward trend will not change.
In connection with the specific mineral selection, the above implementation plan reveals that “according to the rapid development of China's economy, the demand for mineral resources should first consider the country's shortage of 25 minerals.”
The evaluation of the potential of mineral resources began in 2006, when the project was included in the “11th Five-Year Plan” of the Ministry of Land and Resources. In 2007, the Ministry of Land and Resources established a leading group to directly lead this work. It is reported that Xu Shaoshi, Minister of the Ministry of Land and Resources, personally served as the leader of the leading group.
Previously, in addition to oil and gas and coal resources, China has carried out three rounds of systematic and complete regional evaluation work, although other important mineral resources have already carried out two rounds of metallogenic zoning work. However, from the prediction of minerals, coverage area, application of method and technology, etc. are not systematically complete, with certain limitations.
Yan Tiexiong believes that the mineral resources potential assessment is now more scientific and systematic, involving more minerals, a wider range, and a deeper degree.
"Looking for a larger iron ore"
As the iron ore price negotiations have not yet ended, the Ministry of Land and Resources's mining work at this time has another meaning.
"This work cannot be directly related to iron ore price negotiations. The evaluation of mineral resources potential is mainly to find out whether resources have any problems, but it will also provide some basic reference materials for the negotiations." Another person familiar with the matter said .
Iron ore production giant Rio Tinto recently reached the 2009 iron ore price agreement with Nippon Steel: the powder mine decreased by 32.95% on the basis of 2008, and the lump ore decreased by 44.47% on the basis of 2008. Subsequently, South Korea’s Pohang Steel, which had negotiated with Nippon Steel’s “husband”, announced that it would accept the offer price.
However, the Chinese side insisted that iron ore prices return to the 2007 level, that is, Brazilian iron ore should be reduced by at least 40%, and Australian iron ore should be reduced by at least 45%.
According to the above-mentioned insiders, China has already identified a large number of iron ore reserves, but some of them have a shortage of scale, or the scale is not large-scale production, which leads to the shortage of domestic production. This potential evaluation work also wants to find some Larger, better quality iron ore deposits.
According to reports, in 2008, relevant departments have conducted investigations and research in some concentrated iron ore mines in China, providing some views and research for this year's iron ore price negotiations.
The information released by the National Mineral Resources Potential Evaluation Project Office recently showed that some of the results of the mineral resources potential evaluation have been further investigated and the ore-seeking effect has been achieved. The results of Liaoning Anshan-Benxi, Hebei Jidong and Sichuan Panzhihua Demonstration Zones are expected to provide a resource base for expanding the scale of iron ore resources reserves in the old mining areas and expanding mine production capacity.

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