China discovered a total of 124 new mineral deposits in 2023, showing significant progress in both oil, gas and mineral exploration, according to a report released by the Ministry of Natural Resources on Tuesday.
According to the report “China Mineral Resources 2024”, by the end of 2023, China’s coal reserves will increase by 5.6% compared to the end of 2022, and the remaining technically recoverable oil and natural gas reserves will increase by 1.2% each , an increase of 2.6%. .
According to the report, the reserves of metallic minerals increased by more than 30%, and the reserves of non-metallic minerals also increased significantly.
The report highlighted significant progress in oil and gas exploration within large basins such as the Tarim field, Junggar basin, and Bohai field. Significant progress was also made in the exploration of minerals such as coal, copper, gold, lithium, and phosphorus.
“China’s investment in mineral exploration has increased for the third consecutive year, with 124 new deposits discovered in 2023. The supply of the country’s main mineral products has steadily increased, and energy production has increased at an all-time high. record high and the energy structure continues to be optimized,” Yu said. Mr. Kaiyo, head of the Strategic Planning Division of the Ministry of Mineral Resources Protection Supervision Bureau, said:
China discovers 124 new mineral deposits in 2023: report
China launched a new Earth observation satellite into space Wednesday from the Jiuquan Satellite Launch Center in northwestern China.
The Gaofeng 12-05 satellite was launched on a Long March 4C carrier rocket at 07:45 Beijing time (23:45 GMT on Tuesday) and successfully inserted into its planned orbit.
The satellite will be used in a variety of fields, including land surveying, urban planning, road network design, crop yield estimation, and disaster relief.
This launch was the 540th flight mission of the Long March carrier rocket series.
China launches new Earth observation satellite
