China ranked first globally in reserves of 14 mineral types and in the production of 17 types last year, the Ministry of Natural Resources said at a news conference in Beijing on Wednesday.
By the end of the 14th Five-Year Plan period (2021-25), China’s mineral resource reserves had increased significantly, with 14 minerals ranking first in the world. These include rare earths, tungsten, tin, molybdenum, antimony, gallium, germanium, indium, fluorite and graphite.
The scale of China’s mineral production and metallurgical processing also led the world, with its position in the industrial chain continuing to strengthen. Last year, the national mining industry output value was about 32.7 trillion yuan ($4.8 trillion), accounting for 23 percent of GDP.
