
Iron ore deposits found in northern Gansu
It is reported that an iron ore deposit with a prospective reserve of 400 million tonnes was found in northern Gansu.
Jinze Group an investor of the mine is planning to build a 600,000 tonnes per year dressing plant at a cost of CNY 400 million next year.
The discovery of the mine appears to make the local industry's growth more economically sustainable.
(Sourced from metalsplace.com)
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