China's geological exploration investment remains at a high level

The 2008 Land and Resources Bulletin shows that in 2008 China's geological exploration investment remained at a high level, and geological prospecting made significant progress.
According to the 2008 Land and Resources Bulletin officially announced by the Ministry of Land and Resources on the 30th, in 2008, 542 exploration rights were sold in the national bidding and auctioning, and the sale price was 6.319 billion yuan. The national bidding, auction and listing of the mining rights of 7,696, the transfer price of 4.034 billion yuan. Newly discovered 209 large and medium-sized mineral deposits nationwide, and the newly-exploited reserves of nine mineral explorations such as coal, natural gas and copper mines have increased significantly. Discovered and confirmed 15 billion tons of oil and gas reserves, adding 1.34 billion tons of proven geological reserves, 647,2 billion cubic meters of natural gas, and 23.11 billion tons of raw coal. Crude steel output exceeded 500 million tons, hitting new highs; gold production ranked first in the world. The import and export volume of mineral products increased by 33.3% year-on-year, accounting for 25.7% of the total import and export volume of the country. In 2008, the total value of marine production in China was nearly 3 trillion yuan, an increase of 11% year-on-year.

Other Tools

Other fasteners and hardware

hardware, hose clamp ,wrench

NINGBO YWC IMP. & EXP. CO.,LTD , https://www.nbywc-fastener.com