According to data from the Ministry of Land and Resources of China, China has identified a number of large and large deposits, among which the total proven iron ore reserves exceed 15 billion tons.
Xinhua News Agency recently quoted Wang Min, Deputy Minister of Ministry of Land and Resources, saying that the iron ore concentration areas such as the Yanbu, Jidong, Zhangzhou, Panxi, Handan and other iron ore mines have accumulated nearly 10 billion tons of iron ore reserves, a large number of iron ore mines are Planning and construction.
He also stated that the Daxigou Iron Mine in Benxi, Liaoning, controls 3 billion tons of resource reserves and has a forecasted prospect of more than 7 billion tons; Hebei Province's Jidong explores 1 billion tons of large iron ore mines in Macheng; Anhui's Nihe Iron Mine and Sichuan Panzhihua Lanjia Volcanic iron ore, Shandong Yandian iron ore, etc. through prospecting and exploration, detected iron ore resources reserves of nearly 900 million tons.
In addition, the western region has also opened up a number of new prospects for iron ore. The West Tianshan Awulale controls 230 million tons of iron ore reserves and has a long-term resource of more than 500 million tons. New mines have been started.
“The extent of iron ore exploration in these areas is low, shallow, high grade, and large scale, it is easy to exploit and use.†said Wang Min.
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