Friday, 29 Jul 2011|steelorbis
It is reported that Major Chinese steelmaker Hebei Iron and Steel Group as well as Chinese companies Hebei Yinghua Mineral and Tangshan Donghai Steel have established Changyu Iron Ore Company to develop the Changyu iron ore deposit in Xiangtang, Luanxian County, Tangshan City, Hebei Province, China.
The deposit in question consists of magnetite iron ore of average iron content of 29.24% with proven reserves of 120 million tonnes.
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