Benxi Steel to expand Nanfen Iron Ore Project

Publish time: 31st August, 2012      Source: ChinaCCM
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To 'satisfy the company's demand for iron ore resources', Benxi Steel Group decided to expand Nanfen iron ore project to 15 million tonnes a year.

According to the announcement, Nanfen open pit project is designed to produce 15 million tonnes a year with a life of 33 years, of which 20 years of stable output. In 2010, Nanfen project produced 12.89 million tonnes of crude ore in 2010.

Benxi Steel produced 16.4912 million tonnes of crude steel in 2011 and 8.8906 million tonnes in the first seven months of this year