en.Wedoany.com Reported - China's Ministry of Natural Resources has launched a new round of strategic mineral exploration campaign, targeting eight key mineral types including coal, oil and gas, iron, copper, aluminum, gold, lithium, and rare earths.

Currently, China's dependence on foreign sources for some critical minerals remains high, with dependence rates for copper and lithium exceeding 70%. This campaign aims to intensify exploration efforts on land and in key sea areas, promote intelligent and green exploration technologies, and ensure the stable operation of industrial and supply chains. The approval process for mining rights transfer and exploration has been streamlined by over 30%, fiscal investment has increased year-on-year, entry barriers for enterprises have been lowered, and over 100 exploration blocks have been opened for business deployment.

Lithium, rare earths, and copper represent high-opportunity sectors driven by both policy and market forces, with the annual supply-demand gap for lithium expanding by over 15%. Mining enterprises will benefit from four direct advantages: increased resource reserves, reduced approval costs, policy support for key minerals, and technological upgrades. The costs of deep exploration and green exploration are expected to decrease by 20% to 30%.

In the future, China's mining industry will exhibit two major trends: self-sufficiency in critical minerals and greening of development models, gradually reducing the dependence rate on foreign sources for scarce minerals such as lithium, copper, and rare earths to below 50%. The Ministry of Natural Resources has made it clear that in 2026, it will continue to advance the strategic mineral exploration campaign and carry out special rectifications. Enterprises that align with these policies are expected to gain a competitive edge in resource reserves and valuation enhancement.

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