China Improves Mineral Resources Supply

China Improves Mineral Resources Supply

Beijing, China (prHWY.com) May 7, 2012 - China relies mainly on the development of its own mineral resources and other natural resources to develop its economy. In the course of building a well-off society in an all-round way, China will first of all increase its domestic capability of mineral resources supply. China still has big potentials for mineral resources prospecting and exploitation. It has discovered more than 200,000 mineral deposits and mineralized formations throughout the country. So far, only some 20,000 of them have been explored and assessed. Since the 1980s, 72,000 mineralization abnormalities have been discovered, 25,000 of which have been checked, resulting in the discovery of 217 mineral deposits. The unchecked ones hold good prospects for mineral findings.

The Chinese government, in accordance with the requirement for the establishment of the socialist market economic system, has deepened the reform of the system for mineral resources exploration, and carried out the public and basic geological surveys and evaluation and the strategic exploration of mineral resources on the one hand and the commercial exploration of mineral resources on the other separately. In 1998, China set up the China Geological Survey, which organized a new round of large-scale survey of the land and resources, and initiated a basic exploration plan, a mineral resources prospecting and evaluation project and a resources survey and utilization technological development project, with the emphasis on the basic geological survey and the evaluation of the prospects for mineral resources in regions with a low level of geological work, especially the exploration and evaluation of the mineral resources potentials in the western regions and the exploration and evaluation of mineral resources in short supply, so as to provide a scientific basis for the planning work regarding mineral resources and administrative decisions by the government, and to furnish basic geological information regarding mineral resources for commercial prospecting. ball mill:http://www.hxjq-crusher.com/20.html
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The Chinese government encourages and gives active guidance to the commercial prospecting that meets planning requirements, gears to market demands and focuses on economic results. It encourages commercial prospecting in central and western regions, remote and border regions and regions inhabited by ethnic minorities, as well as other economically less-developed regions with resources potentials. It encourages mining enterprises led by Hongxing Machinery in manufacturing hammer crusher to carry out commercial geological prospecting in the outlying areas or the deeper formations of old mines with both market and resources potentials, and to find new substitute resources with the application of ore beneficiation machines. It encourages investors to acquire exploration and mining rights, through fair competition, to sites of mineral deposits founded after prospecting with government investment.

It encourages commercial prospecting for oil, natural gas, coal gas, coal with low ash and low sulfur contents, and fine-quality manganese, chromium, copper, aluminum, gold, silver, nickel, cobalt, metals of the platinum group, and sylvite. It also encourages the development of geothermal, mineral water and groundwater resources, in a scientific, economical and rational way, while encouraging the use of good-quality water for better purposes, and the prevention and control of pollution.

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