4.7 Article

China's Belt and Road Initiative in Support of the Resourcing Future Generations Program

Journal

NATURAL RESOURCES RESEARCH
Volume 27, Issue 2, Pages 257-274

Publisher

SPRINGER
DOI: 10.1007/s11053-017-9342-7

Keywords

Belt and Road initiative; Resourcing Future Generations; Mineral resources; Future demands

Funding

  1. China Geological Survey [121201103000150112]

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The Resourcing Future Generations (RFG) program is a global strategy proposed by the International Union of Geological Sciences to meet global demand for natural resources. The Belt and Road (B&R) initiative of China provides a great opportunity for promoting the RFG across much of the Eurasian continent. The countries covered by the B&R initiative are mostly low-income economies. With rapid developments of economy and infrastructure construction, these countries are set to have huge demands for mineral resources in the future. However, the proven mineral reserves in this region are too limited, and the region's overall level of metal recycling is far from optimistic. These countries are expected to have obstacles in meeting future demands. However, the regional Tethyan metallogenic domain and Central Asia metallogenic district are key areas for new discoveries of mineral resources, possessing a variety of mineral resources with a positive prospecting potential. The B&R initiative of China provides favorable opportunity for mutual beneficial cooperation to improve regional exploration and prospecting through geological mapping, inter-comparison study on Tethyan metallogenic domain, joint assessment of mineral resource potentials, joint training of geological engineers and workers and building information systems.

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