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china rare earth group has made a major breakthrough in prospecting, increasing rare earth reserves by nearly 5 million tons

2024-09-14

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on september 14, according to china rare earth group, from september 12 to 13, in order to thoroughly implement the spirit of the third plenary session of the 20th cpc central committee, build a national strategic hinterland, and improve the exploration, production and supply system of strategic mineral resources, china rare earth group organized a special seminar on building a national rare earth industry strategic hinterland and increasing rare earth resources reserves and production in panzhihua area in liangshan.

ao hong, party secretary and chairman of china rare earth group, attended the meeting and delivered a speech. yin jiangtao, standing committee member of liangshan prefecture and executive vice governor, delivered a speech. professor wang denghong, director of the institute of mineral resources, chinese academy of geological sciences, reported on the research progress of rare earth mineralization and prospecting prediction in panxi. hu guhua, party committee member and deputy general manager of the group, made a special report on the group's new round of prospecting breakthroughs and the establishment of an industrial strategic hinterland for rare earth resources reserves and production in panxi. more than 100 people from the ministry of natural resources, china nonferrous metals industry association, chinese academy of geological sciences, relevant sichuan departments and committees, industry geological surveys and research institutes attended the meeting.

during the meeting, the leaders and experts in attendance visited the yakniuping rare earth mine and the smart command center of zhongxi (liangshan) rare earth co., ltd., and conducted a mid-term evaluation of the yakniuping reserve and production increase project. the expert group checked the original field data and the completion of the overall project goals and tasks through listening to reports and on-site surveys. they believed that the project carried out field work in accordance with the contract, the approval opinion of the implementation plan and the adjustment plan, completed the phased tasks, achieved outstanding prospecting results, and expected to increase the resource volume by 4.96 million tons (reo). the phased results were significant, and the mid-term results were evaluated as excellent.

it is reported that since its establishment, china rare earth group has resolutely served the national strategy, implemented the key work arrangements of the ministry of natural resources and the state-owned assets supervision and administration commission of the state council on increasing exploration and development and increasing reserves and production, and has orderly promoted the work of increasing reserves and production around the goal of "consolidating the basic plate of main responsibilities and main business and ensuring the safe supply of national strategic resources", and has made positive progress and remarkable results. first, it has planned from the overall perspective, made moves at key points, coordinated the implementation of resource integration and industrial coordination, and completed the integration tasks in advance and comprehensively, and further improved the industrial control capacity; second, it has vigorously promoted the work of increasing reserves and production, obtained a new batch of mining rights, increased exploration investment to "increase reserves" to support sustainable development, accelerated the construction of a new pattern of security guarantee for the development of rare earth resources in my country, and created a strategic hinterland for rare earth resources and industries. in the new round of increasing reserves and production, a major breakthrough has been made in liangshan, and the expected increase in rare earth resources is 4.96 million tons (reo); third, it has carried out international cooperation and built a new pattern of international competition; fourth, it has increased the research, integration and technical engineering of green exploration and development technology, and formed a process combination with different resource endowments and different geological characteristics.

faced with the new situation of international competition, the group company will seize the opportunity of deepening the reform of state-owned enterprises and building world-class enterprises, focus on a new round of breakthroughs in mineral exploration, further emancipate the mind, adhere to the right path and make innovations, effectively enhance the core functions of the group company in ensuring the security of rare earth resources, give full play to the three major roles of innovation leadership, industrial control, and security support, keep a close eye on the six goals of expanding resources, increasing reserves, increasing production, stabilizing supply, reducing costs, and ensuring safety, and make new and greater contributions to ensuring the security of the country's rare earth resources with "the country's big picture" in mind.