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China Confirms Huge Rare Earth, Fluorite and Baryte Reserves at Sichuan Mine, Plus Major Antimony Find

The discoveries strengthen Beijing’s control over critical minerals through an export licensing regime that shapes global tech supply chains.

Overview

  • State surveys at the Maoniuping mine in Sichuan add 9.7 million tonnes of rare earth oxides, lifting proven reserves there to 10.4 million tonnes.
  • Authorities also identified 27.1 million tonnes of fluorite and 37.2 million tonnes of baryte at Maoniuping, with both classified as super‑large deposits.
  • A separate survey in Gansu found 51,455 tonnes of antimony in Tanchang county, which officials say will raise local proven reserves by more than 50%.
  • Experts emphasize fluorite’s role in semiconductor and lithium‑ion battery production and baryte’s indispensability for oil and gas drilling and blowout control.
  • Within China’s tighter export controls and longer‑term licensing, recent customs data show rare‑earth magnet shipments to the EU up 28.4% in Jan–Feb 2026 to 4,775 tonnes, while exports to the US fell 22.5% to 994 tonnes.