# strategic reserves

Shandong’s One‑Year Gold Push: A High‑Risk Bid to Add 20–50 Tonnes from Jiaodong

Shandong province has launched a one‑year campaign to add 20–50 tonnes of gold from the Jiaodong region, mobilising large technical teams and drilling capacity under a provincial implementation plan for 2025–2027. The effort reflects China’s strategic push to bolster gold supply amid high global prices and a structural domestic supply‑demand gap, but geological and permitting realities make the target ambitious.