en.Wedoany.com Reported - China's Ministry of Natural Resources released the "Implementation Regulations for the Mineral Resources Law" and implementation arrangements at a regular press conference on June 15, clarifying that the regulations are centered on a "four fulls" framework. This aims to implement the newly revised "Mineral Resources Law of the People's Republic of China," which takes effect on July 1, 2025, refine the management rules for exploration and mining rights, optimize the business environment, and ensure mineral resource security and high-quality development of the mining industry.
An official from the Legal Affairs Department of China's Ministry of Natural Resources detailed the specific content of the "four fulls" at the press conference: First, fully refine the authorization provisions of the new Mineral Resources Law, specifying that the extension period for exploration rights shall not exceed 2 years each time, with a maximum of 3 extensions, addressing the issue of vague implementation standards in the original law; Second, fully integrate the "Detailed Rules for the Implementation of the Mineral Resources Law" issued in 1994 and over 30 supporting administrative regulations, eliminating institutional overlaps and contradictions, and unifying management standards for mineral resource exploration and mining; Third, achieve full-chain coverage of exploration, mining, processing, and trade, with a focus on strengthening safety supervision of strategic minerals such as lithium and rare earths, and promoting green mine construction; Fourth, comprehensively optimize the business environment, stipulating that the transfer of mining rights must be conducted publicly through bidding, auction, or listing, clarifying provisions for protecting the legitimate rights and interests of mining rights holders, and simplifying cross-provincial approval procedures.
As a directly supporting regulation for the new Mineral Resources Law, this regulation will take effect upon its promulgation. According to data from China's Ministry of Natural Resources, 173 types of minerals have been discovered nationwide. The unified rules of the regulation reduce compliance costs for enterprises, especially for small and medium-sized mining development companies, as clear management standards for exploration rights help stabilize investment expectations.
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