China Unearths Asia's Largest Undersea Gold Reserve, Boosts Total Reserves

• China has discovered its first undersea gold deposit off Laizhou, Yantai, Shandong province, claiming it to be Asia's largest.
• This discovery adds to Laizhou's proven gold reserves, now exceeding 3,900 tons, representing about 26% of China's total gold.
• Recent significant gold finds include a 1,444.49-ton deposit in Liaoning and over 1,000 tons in Xinjiang's Kunlun Mountains.
• China, the world's largest gold ore producer, is intensifying mineral exploration with advanced tech like AI and satellites.
• Chinese researchers also discovered 'Jinxuewite,' a new mineral vital for aerospace, chemicals, and batteries, addressing cobalt shortages.

Why It Matters: China's major undersea gold discovery and new mineral finds highlight its aggressive mineral exploration strategy.