China's Mineral Bonanza: Lithium, Gold, and Copper Discoveries
China has made significant mineral discoveries in recent times. In Sichuan, a substantial lithium deposit was found, containing nearly a million tons of lithium. Meanwhile, in Hunan, a gold deposit was unearthed, preliminarily valued at $83 billion with reserves of 1,000 tons.
The lithium discovery in Hunan is particularly strategic. It will secure resources for the new energy industry in Chenzhou. Moreover, the lithium mineral in Hunan can be extracted through simpler and more controllable processes than brine deposits. This discovery, along with others in the region, could transform the Qinghai-Tibet Plateau into a major global copper supplier.
In Tibet, China has found 20 million tons of copper, with potential reserves exceeding 150 million tons. Additionally, a lithium mineral deposit of 490 million tons was discovered in Hunan, containing 1.31 million tons of lithium oxide. This deposit also stores additional mineral resources such as rubidium, tungsten, and tin.
These discoveries highlight China's growing mineral wealth. They have the potential to boost the country's new energy industry, enhance its global copper supply, and provide a range of valuable mineral resources.
