China to face serious shortage of key minerals

Posted on April 23, 2012 by Minerals Make Life

In an exclusive interview with China’s official state news agency, Xinhua, Chinese Minister of Land and Resources Xu Shaoshi reported that China will face a serious shortage of mineral resources by 2020 as it consumes larger quantities of minerals to promote industrialization, urbanization and agricultural modernization.

“The county’s consumption [of mineral resources] has grown faster than its production, while the expansion of production has outpaced the exploration,” Xu said. “That partly explains why there has been a shortage.” The country is already running short on 11 minerals critical to the nation’s economy.

Latest From Twitter

➡️ICYMI @SpeakerMcCarthy made The Lower Energy Costs Act #1 on the government’s priority list because it can potent… https://t.co/znwkZVtmnF
.@ARRLimited Halleck Creek is positioning itself to be one of the largest rare earth projects in the United States… https://t.co/GzxjyhbBFD
The U.S. should get serious about mining critical minerals for clean energy. Learn why one environmental sciences p… https://t.co/GX8TxE5c08

Take a Stand for Miners Today Take Action