China spots 230 million tons iron ore deposit in Australia

Publish time: 19th February, 2013      Source: ChinaCCM
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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.