Wuhan Iron and Steel Group (Wisco), a Hubei Province and reputable large state-owned integrated steel company has owned 60% shares and begins its biggest iron ore project in Liberia Africa, mainly to achieve nearly 1 million tons of iron ore in the first stage.
Besides, Wisco expects 9 million tons of output for the second stage of project.
This is considered as a giant step for the iron ore expansion of Wisco and also the largest project for Chinese steelmaker to participate in Africa region.