28
Mar
13:33
Baotou's listed arm to buy Baiyun ore project
The listed company of inland China's Baotou Iron & Steel is purchasing the group's Baiyun iron ore and rare earth comprehensive utilisation project. This includes an iron ore concentrate production line with an estimated 1.165 million tonnes/year capacity.
The whole project began construction in 2012 and the iron ore concentrate and rare earth lines were completed in October last year, Kallanish notes.
Baotou has a huge deposit…
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