China reports ‘stunning’ critical minerals finds as hi-tech race with US heats up

China has announced major discoveries of various critical minerals, including rare earths and fluorite, bolstering its reserves of the resources essential for the hi-tech, new energy and defence industries. At the Maoniuping mine in Sichuan province’s Mianning county, authorities announced the discovery of 9.7 million tonnes of rare earth oxides, bringing the site’s total proven reserves to 10.4 million tonnes, state news agency Xinhua reported on Friday. Surveys also revealed 27.1 million...

By Xinyi Wu