The Ministry of Finance announces the “Guide to the Special Funds for Awarding and Subsidizing Mineral Resources in 2012”

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The Ministry of Finance and the Ministry of Land and Resources recently jointly issued the "Guideline for Special Funds for Awarding and Subsidizing Mineral Resources in 2012" to clarify the key support areas for this year's "subsidy for compensation" funds and to "reward the awards." "Substitution" special approvals have made new regulations. The two departments made it clear that this year's special fund for mineral resources “subsidized with subsidies” will focus on supporting the development of coal, oil and gas, non-ferrous metals, rare earths, rare earths, and rare earth minerals, as well as significant achievements in mineral resource conservation and comprehensive utilization. enterprise. The approval authority for the "subsidy for awards" project was also delegated to the local government by the central government. The original Ministry of Land and Resources and the Ministry of Finance were responsible for reviewing and approving the application materials, and were replaced by provincial-level land and resources and financial departments, or by the central government. Be responsible for.

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