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    iron investing

    170 million tons of iron ore reserves found in Qinghai

    Written by Investing News Network
    |
    Dec. 06, 2010 01:06PM PST

    Global Times.com reports that China’s first Iron Ore mine has been discovered by Qinghai Provincial Bureau of Nonferrous Metal and Geological Exploration.

    Global Times.com reports that China’s first Iron Ore mine has been discovered by Qinghai Provincial Bureau of Nonferrous Metal and Geological Exploration.

    The story is quoted as saying:

    The mine has five ore bodies, with an average mining grade of 43.16 percent and a new iron ore resource of 62.9 million tons.

    To access the full story, click here.

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