Sichuan's first government-led fund in the resources and energy sector was established one year ago, with investments totaling 4.1 billion yuan completed.

According to the Department of Natural Resources of Sichuan Province, the Sichuan Provincial Resource and Energy Investment Guidance Fund has signed contracts for three key projects with a total amount of 9 billion yuan in the past year, achieving an investment delivery of 4.1 billion yuan, and has been positioning in key areas such as coal, lithium mines, and oil and gas. As the first government-guided fund in Sichuan province for resources and energy, the fund was established in August last year with a size of 5 billion yuan, mainly focusing on the lack of social capital investment in the exploration stage of the mineral resource exploration and development chain, and focusing on strategic mineral resources in Sichuan with upstream advantages or potential that have not been sufficiently explored. The three projects signed by the fund are the Gulian Coal Mine in Luchuan, the Maikitang Lithium Mine in Ganzi, and an oil and gas project in Sichuan, all of which are strategic mineral resources in Sichuan with upstream advantages.