Mineral deposits are formed in the Earth's crust and on the Earth's surface through geological processes. Be it a solid, a liquid, or a gas, if its excavation is economically viable under current economic and technological conditions, then it is considered a mineral resource.

There are only a handful of nations worldwide endowed with rich and diversified mineral resources. China is one of them. So far, 171 types of mineral resources have been identified in China. Potentials of 158 types of minerals have been ascertained. There are approximately 18,000 mineral deposits, among which 7,000+ are of large or medium volumes. Presently, mineral resources provide 92%+ of the primary energy, 80% of the raw materials used by industry, 70%+ of the agricultural needs, and 85% of water needs. China ranks 3rd in the world in terms of total amount of mineral resources, but ranks only 53rd in terms of mineral resources per capita, which is merely 58% that of global average.

Mineral resources fuel the survival of mankind and the development of society. A well-off society cannot be built without the backing of mineral sources. We will invest heavily in the prospecting of mineral deposits for the livelihood of the people. We will encourage the sustainable development of natural resources by going green and recycling. This shall fall in line with our philosophy of developing our economy scientifically.