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China Tops the World in Tungsten, Molybdenum and Rare Earths Reserves and Output

According to CTIA GROUP, on April 29, the Ministry of Natural Resources stated that China’s mineral resource reserves have significantly increased, and the country's resource base has become even stronger. By the end of the 14th Five-Year Plan, China will have the world’s largest reserves of 14 types of minerals, including tungsten, molybdenum, rare earths, tin, antimony, gallium, germanium, indium, fluorite, and graphite.

Images of mines

Images of mines

China’s production and smelting processing scale of mineral products remain the largest in the world, and its dominant position in the industry chain continues to be strengthened. By 2025, China will register the world’s highest output across 17 minerals including tungsten, molybdenum, rare earths, tin, coal, vanadium, titanium, zinc, antimony, gallium, indium, gold and tellurium. Eleven of them will see their output exceed 50% of the global total. In the smelting and processing sector, China’s advantages are even more prominent. Manganese smelting products account for 99% of the global total, rare earth smelting products account for 94%, aluminum accounts for 60%, steel accounts for 53%, and copper accounts for 47%. Over 30 types of metallurgical products have the world’s largest production, with 17 products accounting for about 50% of global production.

Images of tungsten concentrate

Images of tungsten concentrate

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