Abstract: Over the past century, electromagnetic exploration technology has evolved from direct current resistivity and induced polarization methods to a comprehensive geophysical system. Yet, in China's new mineral exploration phase, challenges like deep-mining needs, cultural noise, and weak 3D interpretation limit traditional methods. High-power-ultrahigh-power electromagnetic technology, by boosting transmission current, combats these issues. It enhances detection depth, enables 3D exploration, and drives technological and application innovation. This paper reviews the development of high-power-ultrahigh-power electromagnetic instruments and current research. It emphasizes that technologies like true 3D full-waveform IP collection and inversion, tensor CSAMT collection and inversion, and multi-parameter joint inversion of time-and frequency-domain EM methods can strengthen deep-target detection. Future research should tackle anisotropic 3D inversion, full-domain inversion with a field source, and extracting polarization and magnetization rates under complex constraints. These advances will propel electromagnetic methods toward greater depth, precision, and intelligence, supporting China's renewed mineral exploration efforts.