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14:01 Sep 12 2009

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Tibet's mineral deposits estimated at 600 bln yuan
14:01, September 12, 2009  

Tibet has verified mineral deposits with a total value estimated at over 600 billion yuan (72.6 billion U.S. dollars), according to the Tibet Autonomous Regional Department of Land and Resources. 

Tibet ranks among the top five in China in verified reserves of 12 types of minerals, and ranks first in the country in terms of the reserves of chrome and copper. So far, 102 types of minerals have been found in the region.

Today, nine key zones have been marked off for mining industrial development, including the Yulong copper production base in eastern Tibet and Nyixong iron production base in southern central Tibet, said Dorje, a leading official of the department.

He also indicated that mining zones in Lhasa's Maizhokunggar County and around northern Tibet's salt lakes are expected to become national bases for developing mineral resources.

Source: Xinhuanet

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