The regulation establishes a comprehensive framework built on the principles of "precise exploration, targeted allocation, efficient extraction, and advanced utilization". This approach underscores a shift toward high-efficiency, high-value mineral development.
Focusing on breakthroughs in a new round of mineral exploration, the regulation strengthens fundamental geological surveys and special investigations in key mineralization zones.
It also introduces a multi-channel investment and incentive mechanism for mineral resource exploration, utilizing digital technologies such as big data, cloud computing, and artificial intelligence to reinforce the information infrastructure for resource development and enhance overall exploration capabilities.
To further improve resource allocation, the regulation refines the process of acquiring mining rights. It mandates competitive bidding as the primary means of assigning mining rights, with exceptions allowed only as specified by laws, administrative regulations, or State Council provisions. The regulation also emphasizes scientifically determining the total volume, structure, layout, and timing of resource supply to the market based on economic development goals, industrial needs, and geological findings.
Additionally, the regulation tasks governments at or above the county level with guiding market players to advance the deep processing of key minerals such as coal, phosphorus, aluminum, manganese, and fluorite. This initiative aims to promote the integrated development of mining, beneficiation, smelting, and processing, while extending the industrial value chain.