China Highlights Zones for Mineral Development
[WTN-L World Tibet Network News. Published by The Canada Tibet Committee. Issue ID: 01/11/02; November 2, 2001.]
Asia Times, November 2, 2001.
BEIJING - Beijing has defined 10 large mineral development zones in China's western area and simultaneously published policies encouraging foreign investors to explore mineral resources in the area.
Within in the next 10 years, China plans to energetically implement a series of policies encouraging foreign investors to explore and mine mineral resources in China's western area.
The policies include the following:
- Foreign investors, in accordance with law, will have priority in obtaining mining rights to the mineral reserves they prospect.
- The prospecting fees can be amortized and collected first in the mining period as a kind of prepaid assets.
- Foreign investors engaged in prospecting mineral resources will enjoy exemption or reduction of prospecting right fees and mining right fees. As for cooperative prospecting firms, with the foreign side providing technology to increase the recovery rate and comprehensive utilization rate of mineral resources above the prescribed level or state standards, and cooperative firms that develop low-grade and difficult-to-mine mineral resources, they may pay mineral resources compensation fees at reduced rates and will be exempted from the fee for the amount of minerals mined above the prescribed level or the state standards.
- China will further simplify the procedures of approving foreign investors to prospect for and mine mineral resources in China, publish business promotion information in this field periodically, and offer foreign investors any help they need.
The 10 mineral development zones and their major mineral resources to be developed are:
The zone will mainly develop oil and natural gas resources and aims to become a super-large energy production base, ensuring gas supply to the eastern area. Meanwhile, quality coal resources in the northern fringe of the Tarim Basin will be explored.
The zone will speed up exploration of natural gas resources in the Yulin prefecture in Shaanxi, coal seam gas in the Yushen Coalfield and oil and natural gas resources in the eastern fringe of the Erdos Basin and aims to become a petroleum, natural gas, quality coal and coal seam gas production base. Furthermore, with rich rare earth resources in Bayan Obo, it will develop deep processing of rare earth, and speed up exploration of non-ferrous metals and troilite resources in Inner Mongolia.
The zone will speed up exploring copper resources in the eastern part of the Tianshan Mountains and become an important copper production base in China. Meanwhile, it will strengthen exploration of oil and natural gas and uranium ore resources in the Turpan-Hami Basin and development of copper, manganese, lead, zinc, gold and silver resources in the northern and western parts of the Qilian Mountains.
The zone will speed up exploration of oil and natural gas resources in the Qaidam Basin, start second-phase construction of the Qarhan sylvite project in Qinghai and go on prospecting metallic minerals in the peripheral area of the basin.
The zone will encourage the development of lead-zinc mines in Xicheng of Gansu province and Fengtai of Shaanxi province and gold mines in Dashui of Gansu, Manaoke of Sichuan, and Baguamiao, Shuangwang, Ma'anqiao and Jianchaling of Shaanxi. Meanwhile, it will prospect and utilize gold, copper, lead and zinc resources in the peripheries of these mines.
The zone will speed up prospecting the multimetal mine in Lanping, the copper mine in Deqen, the copper-lead-zinc-silver mine in the eastern part of Tibet, and the non-ferrous noble metal mine in Ailao Mountain area. Feasibility study for the construction of a super-large lead-zinc mine in Lanping, a copper mine in Yulong, a silver-lead-zinc mine in Baiyujia Village, and a silver-lead-zinc mine in Xiasai is being conducted. Exploration of two copper mines and several multimetal mines has accelerated.
The zone is busy developing vanadium-titanium-magnet mine in Panxi, copper-lead-zinc mine in Huili, the copper mine in Dongchuan, the platinum mine in Danba, platinum metal in Longzhoushan, quality manganese mine in Ya'an, the phosphorus mine in Kaiyang, the bauxite mine in Guiyang and Zhunyi, and coal seam gas, quality coal and precious metals resources in Liupanshui. It aims to be a phosphorus and aluminium base in China.
The zone is busy developing natural gas and coal seam gas resources in the eastern parts of Sichuan and Chongqing, in a bid to ensure ample gas supply for the "0west-east gas transmission"1 project.
The non-ferrous metal zone in the Hongshuihe and Youjiang river areas
Under development in the zone are a number of large deposits, including gold mines in Zimuhan, Lannigou and Getang, a gold mine in Jinya and silver mine in Fenghuangshan of Guangxi, a lead-zinc mine in Dulong of Yunnan, and a quality manganese mine and a bauxite mine in the western part of Guangxi.
The zone is speeding up developing the chromite mines in Luobusha and Xiangkashan, the multimetal mines and the placer gold mine in Chikang and the geothermal resources in Yangbajing. It is also examining the multimetal glebe and in the Gandise Range.
(Asia Times Online/Asia Pulse)
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