In global race for critical minerals, China identifies dozens of new reserves

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Deposit in Hunan province has an estimated 490 million tonnes of lithium ore and 1.31 million tonnes of lithium oxide, report says.

China identified 38 new sites of mineral reserves in the first half of this year, discoveries that are expected to help the country meet its resource security goals.

The Ministry of Natural Resources said on Thursday that the number of new mineral sites increased 31 per cent year on year during the period, and included the discovery of reserves with an estimated 3.37 million tonnes of rubidium and 81 tonnes of gold.

Rubidium is used in biomedicine, telecommunication systems, pyrotechnics and specialty glass, and gold is used, among other things, in the development of electronics and aerospace components.

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