On May 29, 2026, Hunan Province issued the Notice on "Several Measures to Further Promote the High-Quality Development of Geological Work", which mentioned the launch of the province-wide "15th Five-Year Plan" mineral exploration breakthrough strategic action, with the focus on building four large-scale resource bases, concentrating on strategic minerals such as gold, manganese, tungsten, tin, antimony, lithium, niobium, tantalum, vanadium, and fluorite, deploying strategic mineral exploration projects in key metallogenic belts, encouraging and supporting old mines to actively carry out border-deep mineral exploration work, and strengthening resource security assurance.

According to CTIA GROUP, Hunan Province is one of the most resource-rich provinces in China, known as the "Hometown of Nonferrous Metals" and the "Hometown of Nonmetallic Minerals". Currently, Hunan Province has discovered various types of minerals, 121 in total (including 146 subspecies), accounting for 69.94% of the 173 minerals discovered nationwide, among which 88 mineral species have been proven reserves. By the end of 2020, among the proven reserves, 8 mineral species such as coal, bismuth, antimony, niobium, beryllium, ordinary fluorite, glass dolomite, and sepiolite clay have the highest resource reserves in China, and 8 mineral species such as vanadium, tungsten, tin, zirconium, light rare earths, cadmium, barite, and building dolomite have the second-highest resource reserves in China.

By the end of 2023, the tungsten reserves (WO?) in Hunan Province were 2.1042 million tons, and the resources are mainly distributed in the five cities of Chenzhou, Hengyang, Yongzhou, Shaoyang, and Yueyang. The Shizhuyuan large tungsten polymetallic deposit is the largest tungsten mine in Hunan Province in terms of scale, with tungsten reserves of more than 700,000 tons, a super-large tungsten deposit unique in the world, and is renowned in the industry worldwide; in addition, multiple large tungsten deposits have been discovered in the province one after another, with a total reserves of 450,000 tons. Hunan tungsten concentrate production accounts for about one-third of the national total production, and its reserves and capacity rank first in the country.