Study on the Scale of Rare Earth Mineral Lands Reserve in China

Abstract

Rare earth is one of the most important strategic resources related to the national security and development. Nowadays, all countries over the world have a fierce competition on the rare earth. Although China has rich rare earth resource, the advantage decreases gradually due to various factors such as the technology level, waste of resource and so on. It goes against China's long-term development strategy of mineral resource seriously. So it is urgent to carry out rare earth mineral lands reserve system. In such background, according to the existing research results at home and abroad, this paper mainly summarizes the current supply and demand situation of rare earth in China, the conception and characteristic of mineral reserve, factors that affect the rare earth reserve scale, and then establishes a basic calculating model of rare earth mineral lands reserve scale.