Overview
- Yantai city officials said the offshore discovery lifted Laizhou’s proven reserves above 3,900 tonnes, roughly 26% of China’s total.
- Authorities have not released the undersea deposit’s specific tonnage or technical details.
- The announcement follows confirmation of a 1,444.49‑tonne super‑large, low‑grade deposit in Liaoning, described by the ministry as the biggest single find since 1949.
- Officials also reported an estimated gold deposit exceeding 1,000 tonnes in the Kunlun Mountains near Xinjiang.
- Since 2021, the ministry reports nearly 450 billion yuan in exploration spending and about 150 new deposits, while China leads in gold output yet trails several countries on proven reserves.