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Inner Mongolia’s proven coal reserves amount to 676.34 billion tons, ranking first in the country

2008-01-25View Original

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Inner Mongolia Autonomous Region has stepped up its geological exploration efforts, investing a total of 9.26 billion yuan over 5 years; significant breakthroughs have been achieved in resource exploration, with the proven reserves of coal and precious metals ranking first in the country. By the end of 2007, Inner Mongolia’s proven coal reserves amounted to 676.34 billion tons, while the total reserves of coal resources that had been identified or preliminarily assessed exceeded 700 billion tons, placing it firmly at the top of China’s coal reserve rankings. To date, Inner Mongolia has identified 446 sites containing coal resources, with proven and pre-proven resource reserves amounting to 676.34 billion tons – an increase of over 452.4 billion tons compared to 2003. Of these, the proven resource reserves from 422 coal-producing sites, totaling 289.2 billion tons, have been included in the national mineral resource reserve database. Investments in the exploration and development of mineral resources have led to breakthrough progress in the proven reserves of precious metals and non-ferrous metals in Inner Mongolia. Over the past 5 years, more than 400 new mineral deposits have been discovered in Inner Mongolia. Approximately 60 new deposits and mineralization sites of molybdenum, zinc, silver, etc. have been found, along with around 600 mineral anomaly sites, mineralization zones, veins, ore bodies, targets for prospecting, and areas where mineralization is likely to occur. It has thus become one of the most active regions for geological exploration in the country. [Reposted from Economic Reference News]

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