China spots 230 million tons iron ore deposit in Australia

Keyword:
Publish time: 19th February, 2013      Source: ChinaCCM
Information collection and data processing:  CCM     For more information, please contact us

It's reported that Henan Provincial Bureau of Geo exploration and Mineral Development spotted an iron ore deposit in South Australia.

According to SRK Australia, it is estimated around 230 million tons.

The deposit will be developed by a joint investment of three Chiense firms, namely, Henan Yukuang Resources Development Co. Ltd, Henan Zhonglian Mining Co. Ltd and Henan Yukuang Xinyuan Mining Co. Ltd.