23
May
02:22
China’s Kungang begins relocation process
Kunming Iron & Steel (Kungang), part of Baowu Group, held a groundbreaking ceremony for its relocation project on 21 May which was launched in October last year (see Kallanish passim). This marks the beginning of susbstantial work on its relocation away from urban areas for environmental protection reasons.
According to the plan, the relocation to the Caopu area of Kunming will cost CNY 12 billion ($1.74 billion), with a construction period of…
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