Thoughts and suggestions on the transformation and development of the Central Geological Exploration Fund to promote the new round of prospecting breakthrough strategy

In the last round of prospecting breakthrough strategy, the Central Geological Exploration Fund insisted on the new prospecting mechanism, played an important role in resolving the risk of geological prospecting, guiding and pulling the social capital investment, serving the national resources strategy and promoting the prospecting breakthrough. In recent years, the continuous impact of global geopolitical instability and economic downturn has exacerbated the uncertainty of mineral resources market, while the domestic demand for strategic mineral resources continues to increase, the external dependence continues to climb, China’s mineral resources security is facing a grim situation. The Central Geological Exploration Fund should grasp the current situation, with the goal of ensuring national resources security, guiding and driving social capital investment in exploration, increasing strategic minerals investment, promoting mineral deposit reserves, actively explore a new operating mode of the Central Geological Exploration Fund, promotes market-oriented transformation and development, and plays a greater role in supporting the new round of prospecting breakthrough strategy. Based on the role played by the Central Geological Exploration Fund in the last round of prospecting breakthrough strategy, introduces its background, operational mechanism and achievements, summarizes the exploration mode of the Central Geological Exploration Fund’s innovative exploration thinking to promote prospecting breakthrough, analyzes the problems and difficulties existing in the process of operation, and combines with the current situation of mineral exploration, expounds the importance of the Central Geological Exploration Fund to promote the new round of prospecting breakthrough strategy, and advances some ideas and suggestions for reform and development.