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Taiyuan Iron and Steel Producer May To Invest in Iron Ore Project in Australia


Taiyuan Iron & Steel Group, China’s biggest stainless-steel producer, is looking to invest in iron ore and nickel resources in Australia and other countries, Chairman Li Xiaobo said.
“We are chasing some iron ore projects as well as nickel,” Li said in an interview in Shanghai, declining to give details. “So far we haven’t settled on [...]

Chinese Steel Company, Taiyuan Seek Iron Ore Mine For Integrated Plans Development Steel Industry


Mr Li Xiaobo board chairman of the mill revealed on March 11th during the intermission of the National People’s Congress, Taiyuan Iron & Steel Co Ltd is hunting local iron ore mines and mines abroad, Mr Li said that “Taiyuan Steel is talking with the potential objects presently.”

17 iron ore projects in China Under Construction


A total of 17 iron ore projects (each with a capacity of above two million tons) are now under construction in China, which is to release a total production capacity topping 120 million tons upon operation in the coming 2-3 years, said Zhou Jian, chairman of Metallurgical Mines Association of China (MMAC).

China Top Coal Province Punishes More Officials


Faced with a steady stream of mining disasters, China’s top coal producing province has stepped up punishments of local officials amid nation-wide inspections of dangerous tailings dams.
Five officials from Fenyang city in Shanxi were punished after a routine inspection found “wide-scale” illegal mining in an outlying township, the Xinhua news agency said.

China nickel miner Jinchuan to list all assets


Jinchuan is aiming for revenue above 50 billion yuan ($6.66 billion) – HONG KONG, Oct 23 – Jinchuan Group Ltd, the largest nickel miner in China, plans to list all of its assets including copper, cobalt and precious metals mines and smelters through an initial public offering, a company executive with knowledge of the plan [...]