en.Wedoany.com Reported - The Baishan City Natural Resources Bureau in Jilin Province recently completed the first public transfer of an exploration right at the municipal level since the implementation of the newly revised Mineral Resources Law, marking a new phase of legal, standardized, and market-oriented management of mining rights transfers in the region.
The exploration right transfer adopted a transaction model of "public listing + competitive transfer + full-process electronicization," with all steps from announcement release and qualification review to online bidding conducted in accordance with the latest provisions of the newly revised Mineral Resources Law. This shift transformed mining rights management from "administrative-led" to "market-led + full-process supervision."
The Baishan City Natural Resources Bureau stated that it will take this successful exploration right transfer as an opportunity to implement the national and Jilin Province's deployment on market-oriented allocation of mineral resources, increase the supply of high-quality mining rights, optimize the mining business environment, and support local economic and social development with natural resource elements.
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