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Market
Which mining base will start large-scale copper extraction first by the end of 2025?
3
Resolution / Starting Odds
Yulong • 25%
Duolong • 25%
Julong–Jiama • 25%
Xiongcun-Zhunuo • 25%
Official announcements from mining companies or the Chinese government
Story
China Discovers Over 20 Million Metric Tons of Copper on Qinghai-Xizang Plateau, Potential Reaches 150 Million Tons
Jan 6, 2025, 03:00 AM
China has announced the discovery of over 20 million metric tons of copper resources on the Qinghai-Xizang Plateau, marking a notable advancement in mineral exploration. The China Geological Survey, under the Ministry of Natural Resources, reported that this discovery includes four major copper mining bases: Yulong, Duolong, Julong–Jiama, and Xiongcun-Zhunuo. The total projected potential for copper resources in the region is estimated to reach 150 million metric tons. This development is part of China's ongoing efforts during the 14th Five-Year Plan (2021-2025) to enhance its mineral exploration capabilities.
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