The Sichuan Development and Reform Commission issued measures to promote high‑quality private investment, explicitly supporting private capital in mineral resource development. The measures endorse private firms’ participation in development and util

2026-11-06

The Sichuan Development and Reform Commission issued measures to promote high‑quality private investment, explicitly supporting private capital in mineral resource development. The measures endorse private firms’ participation in development and utilization of provincial strategic minerals — lithium, phosphate, vanadium‑titanium magnetite and potash — and support market‑based, law‑compliant acquisition of mining rights. The document encourages private–state cooperation in market bidding for mining rights and permits equity transfers and cross‑shareholdings to deepen upstream/downstream integration. Private firms are also encouraged to legally undertake strategic minerals geological surveys and may receive rewards if survey results lead to successful transfers, in line with regulations.