Build competitive market resources nationwide as soon as possible. Countries encourage exploration of commercial resources of enterprises.

The reporter learned from Shenhua Group yesterday that according to the state's encouragement of all kinds of social capital to participate in mineral resources exploration, cultivate and expand the main body of commercial exploration market, in order to establish the strategic adjustment of the company's main position in the exploration of commercial mineral resources, the group has planned The formation of their own exploration company, so that the group's industrial chain extends to the exploration field. It is understood that with the introduction of this national policy, large-scale energy and raw material production companies will be given opportunities to restructure the industry chain, and domestic resource reserves are also expected to leap to a new level. According to the "Decision of the State Council on Strengthening Geological Work," announced on January 28, the country will focus on strengthening the exploration of oil-bearing basins in accordance with the principle of deepening the eastern (middle) ministry, developing the western region, accelerating the sea area, opening up new areas, and expanding overseas. Exploring new land, new areas, new strata and key sea areas, effectively increasing oil and gas recoverable reserves; accelerating large-scale coal base surveys and necessary detailed investigations; actively developing unconventional CBM, oil shale, oil sands, gas hydrates, etc. Energy resources survey and evaluation and exploration. It is understood that the current exploration of domestic mineral resources is mainly carried out by a government-funded professional geological exploration team. After the professional geological exploration team has ascertained the resources, the government transfers the state-owned enterprises by means of allocation. Since the acquisition of resources is basically free or symbolically passed on to the country for a fee, the phenomenon of competing for resources and wasting resources has intensified, making it impossible for the country’s limited resources to achieve orderly and efficient exploitation and utilization. According to the “Decision”, the state will encourage the establishment of internationally competitive mining companies or enterprise groups, increase their ability to participate in resource exploration and exploitation at home and abroad, and encourage the development of resource exploration companies with multiple ownership systems. In the future, for any commercial geological exploration project that can be invested by enterprises, the government will no longer invest in capital, and it will mainly use policy controls to establish a unified, competitive, open, and orderly resource market nationwide as soon as possible. Shenhua Group is a wholly state-owned company and is the largest coal company in China. However, Shenhua's main business has always been coal mining and partial processing. It does not have its own coal exploration team. At present, on the one hand, they adopt mergers and reorganizations and acquisitions of mining rights, and expand resource reserves. On the one hand, they intend to extend their scope of exploration through the formation of their own exploration companies, thus making the group's industrial chain more complete. It is understood that Shenhua Group is expected to become the first domestic enterprise with commercial mineral exploration capabilities.