/ world today news/ Thanks to new deposits discovered last year, 2022 saw an increase of about 40 percent of China’s minerals, including nickel, cobalt and lithium, according to a government report.
It is clear from it that by the end of last year deposits of 173 minerals were discovered in the country. Investments in oil and gas exploration are set to grow in 2022, and important progress has been made in the exploration of strategic minerals, including gold, lithium and fluorite. Investment in geological exploration was 101 billion yuan, up 3.8 percent year-on-year, the report added.
According to the China Gold Association (CGA), the country has completed the discovery of its largest gold mine, Xilin, in Laizhou City, Shandong Province, and confirmed 592.19 tons of gold reserves with a potential economic value of over 200 billion yuan ( $27.74 billion).
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