China's Hunan Province Unveils Massive Lithium Deposit, Boosting Global Mineral Influence
China has unearthed a colossal lithium deposit in Hunan Province, with the Chenzhou area at its epicentre. This discovery, along with significant copper and gold finds in Tibet and Hunan respectively, promises to bolster China's mineral resources and global influence.
The Institute of Minerals in Hunan Province served as the starting point for unearthing a massive lithium mineral deposit in the Chenzhou area. The deposit, containing 490 million tons of lithium ore and 1.31 million tons of lithium oxide, is expected to provide strategic resource security for the new energy industry in the region.
Notably, this lithium deposit is easier to manage and control than brine deposits, and it also contains other valuable minerals such as rubidium, tungsten, and tin. Meanwhile, in the Qinghai-Tibet Plateau, China has discovered 20 million tons of copper, with potential reserves exceeding 150 million tons, positioning the country as a potential major global copper supplier.
In another significant find, China has discovered a gold deposit in Hunan with preliminary reserves of 1,000 tons, valued at approximately $83 billion.
These discoveries in Hunan and Tibet are set to enhance China's mineral resources and strengthen its position in the global market. The lithium deposit in Chenzhou promises to support the new energy industry, while the copper and gold finds in Tibet and Hunan respectively, further enrich China's mineral portfolio.
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