China aims to increase domestic iron ore concentrate output by 100 million tonnes during the 14th five-year plan ending 2025, the China Iron and Steel Association (Cisa) said on Saturday September 4.
Cisa vice chairman Luo Tiejun also said China aims to intensify exploration of overseas iron ore resources and drive the development of high-quality iron ore projects such as the Simandou project in Africa.The $15-billion Simandou project is a large open-pit hematite iron ore mine located...