On August 14, Magang (Group) Mineral Resource Industry signed a cooperation agreement, “2019-2023 Overall Development Planning Strategy”, on Masteel with China Metallurgical Industry Planning and Research Institute, which aims to make Magang (Group) Mineral Resource an influential mineral resource cooperation in the industry within five years.
It is reported that the 2019-2023 Overall Development Planning Strategy for the iron ore product project is to establish a pellet plant of a yearly production to 5 million tons.
Magang (Group) mineral resource industry is mainly in iron ore with its business in Magang Mining Corporation which includes Nanshan Mine, Gushan Mine, Taochong Mine, Luohe Mine and Zhangzhuang Mine. Magang’s diversified industry covers finance, environment protection, logistics, trading, engineering, steel structure, equipment manufacturing and erection, technology consulting and labor services, etc.
(To contact the reporter on this story: cody.wang@steelhome.cn or 86-555-2238837) |