Much more than that, much more!
China's lithium reserves skyrockets almost +300% thanks to huge discovery.
China now has the 2nd largest reserves of lithium in the world, jumping from 6% to 16.5% of global share, just behind Chile, and leapfrogging Australia, Argentina, etc...
This is HUGE JACKPOT, basically the future of EV revolution is highly dependent on lithium as a key ingredient of batteries, so it's a matter of China just taking a peek around it's vast territory (thank you Tibet), and bam bam.
China has discovered a super-large uranium ore deposit, which will significantly increase the country's uranium reserves and enhance the security of the resource supply, China Geological Survey announced on Friday.
Since 2021, China has stepped up uranium exploration nationwide, discovering a super-large uranium ore deposit in the Jingchuan area of the Ordos Basin. The basin is located in the central-western region of China and is rich in natural gas, coalbed methane, coal and petroleum resources, according to the CGS, an institution of the Ministry of Natural Resources.
The super-large uranium ore deposit, discovered in the aeolian sandstone of the basin, is the world's first uranium deposit found in such a geological setting, adding a new type of uranium ore to the known classifications, the CGS said.
双喜临门。