Hunan has newly discovered the potential economic value of non-ferrous metal reserves such as tungsten, tantalum and molybdenum of 550 billion

Recently, the 2011 Hunan Nonferrous Metals Industry Work Conference revealed that 51 provinces of non-ferrous metals have been discovered so far, accounting for 91% of the total number of minerals found in the country. Newly explored reserves of non-ferrous metals resources with a potential economic value of more than 550 billion yuan.

The meeting revealed that during the “Eleventh Five-Year Plan” period, the province has increased its resources exploration. The 14 crisis mines succeeded in resource prospecting projects and achieved remarkable results. The proven reserves of lead, zinc, tin, tungsten, antimony and thorium resources of the dominant minerals increased significantly. The province has newly discovered reserves of non-ferrous metal resources such as lead and zinc (2.136 million tons), vanadium (3.31 million tons), tungsten (263,600 tons), molybdenum (21.38 million tons), tin (323,900 tons) and copper (200,000 tons). ), 锑 (115,000 tons), 铍 (30,000 tons), gold (55.15 tons), the potential economic value reached 550 billion yuan.

According to Song Jianmin, director of the Nonferrous Metals Administration of Hunan Province, so far, 51 species of non-ferrous metal minerals have been discovered in the province, accounting for 91% of the total number of minerals found in the country. Among them, the reserves of tungsten, antimony and antimony rank first in the country. It accounts for 34.8%, 37.2% and 9.3% of the world's reserves. The reserves of lead, zinc, tin, mercury, antimony, bismuth, lithium and associated rare elements such as cadmium and indium rank among the top five in the country. Hunan Nonferrous Holding Group and some private enterprises in the province actively implement the internationalization strategy, and realize international sharing of resources and markets in Canada, Pakistan and other places through cooperative development, equity subscription, and wholly-owned acquisition, which is the non-ferrous metal industry in Hunan Province. Sustainable development provides backup resource protection.
 

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