Business · Energy & Commodities · 17 hrs ago

China reports major zircon deposit and higher mineral resources

China reports major zircon deposit and higher mineral resources

China has identified a major zircon deposit and reported increases in its resources of rhenium, gold and nickel.

The findings came from a year-long nationwide reassessment of mineral deposits, including low-grade and difficult-to-extract ones.

China’s identified rhenium resources more than doubled, according to figures from its Ministry of Natural Resources.

These minerals matter because they are used in industries including aerospace and electric-vehicle batteries.

China still relies heavily on imports for some minerals, leaving parts of its supply chains exposed.

The findings could support China’s effort to secure mineral supplies as countries compete for resources during the energy transition and amid geopolitical tensions.

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