China releases global reserves estimates for 13 minerals
2023-07-10 12:03:25 [Print]
The Global Mineral Resources Strategy Research Center of China Geological Survey under the Ministry of Natural Resources recently issued a report for the 2023 assessment of global mineral resources and reserves, which provided an update on the estimated global reserves of 13 minerals as of the end of 2021.
According to the report, by the end of 2021, the global iron ore reserves and resources were 164.3 billion tonnes and 582 . 8 billion tonnes respectively; manganese ore reserves and resources were 2 . 034 billion tonnes and 8 . 073 billion tonnes respectively; chromite reserves and resources were 2 . 042 billion tonnes and 4 . 301 billion tonnes respectively; copper ore reserves and resources were 821 . 63 million tonnes and 1,919 . 61 million tonnes respectively; bauxite reserves and resources were 15 . 3 billion tonnes and 43 . 2 billion tonnes respectively; lead ore reserves and resources were 75 . 47 million tonnes and 274 . 66 million tonnes respectively; zinc ore reserves and resources were 225 . 67 million tonnes and 635 . 78 million tonnes respectively; nickel ore reserves and resources were 94 . 14 million tonnes and 280 . 63 million tonnes respectively; tin ore reserves and resources were 3 . 27 million tonnes and 10 . 02 million tonnes respectively; cobalt ore reserves and resources were 6 . 68 million tonnes and 27 . 80 million tonnes respectively; lithium ore (lithium carbonate equivalent) reserves and resources were 134 . 88 million tonnes and 388 . 52 million tonnes respectively; phosphorus ore reserves and resources were 34 billion tonnes and 106 . 8 billion tonnes respectively; sylvite (potassium chloride equivalent) reserves and resources were 14 . 9 billion tonnes and 69 billion tonnes respectively.
China' s tin, lead, zinc and manganese ore reserves accounted for more than 10% of global reserves while the proportion of the other 9 minerals were relatively low.
According to the report, by the end of 2021, the global iron ore reserves and resources were 164.3 billion tonnes and 582 . 8 billion tonnes respectively; manganese ore reserves and resources were 2 . 034 billion tonnes and 8 . 073 billion tonnes respectively; chromite reserves and resources were 2 . 042 billion tonnes and 4 . 301 billion tonnes respectively; copper ore reserves and resources were 821 . 63 million tonnes and 1,919 . 61 million tonnes respectively; bauxite reserves and resources were 15 . 3 billion tonnes and 43 . 2 billion tonnes respectively; lead ore reserves and resources were 75 . 47 million tonnes and 274 . 66 million tonnes respectively; zinc ore reserves and resources were 225 . 67 million tonnes and 635 . 78 million tonnes respectively; nickel ore reserves and resources were 94 . 14 million tonnes and 280 . 63 million tonnes respectively; tin ore reserves and resources were 3 . 27 million tonnes and 10 . 02 million tonnes respectively; cobalt ore reserves and resources were 6 . 68 million tonnes and 27 . 80 million tonnes respectively; lithium ore (lithium carbonate equivalent) reserves and resources were 134 . 88 million tonnes and 388 . 52 million tonnes respectively; phosphorus ore reserves and resources were 34 billion tonnes and 106 . 8 billion tonnes respectively; sylvite (potassium chloride equivalent) reserves and resources were 14 . 9 billion tonnes and 69 billion tonnes respectively.
China' s tin, lead, zinc and manganese ore reserves accounted for more than 10% of global reserves while the proportion of the other 9 minerals were relatively low.