I. Attributes of Mineral Resources The National Mineral Resources Law stipulates that mineral resources are owned by the state. The development of mineral resources (investigation and exploitation) must comply with the relevant provisions of the national mineral resources management and other relevant laws and regulations and the state's policy on resource development. They must apply separately according to law, obtain exploration rights and mining rights upon approval, and register according to regulations. National planning, obtaining mining and exploration permits.
The attribute of mineral resources determines the attributes of the resource market. This is the basic role of the state in the allocation of mineral resources under the guidance of industrial policies and planning, and the establishment of a resource optimization allocation mechanism combining government macro-control with market operations.

Second, the characteristics of the occurrence of mineral resources The conditions of occurrence determine the feasibility of resource development and its important decision-making issues such as size, location and scope.
Resource exploration is a prerequisite for mine construction design, implementation of mine engineering projects and mining of mineral resources. The National Mineral Resources Law stipulates that the exploration report for the design and use of mine construction must be reviewed and approved by the State Council or the provincial-level mineral reserve approval agency; an approved exploration report must be available. The geological conditions of the stratum are also the important content that determines the technical plan, technical measures, engineering economic and technical indicators of the mine construction project, and even determines the safety and feasibility of the project.

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