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    Liberian Iron Ore Project to Start in H1

    Investing News Network
    May. 06, 2013 04:15PM PST
    Base Metals Investing

    Xinhua reports that Wuhan Iron and Steel Group expects to bring its iron ore project in Liberia online before the end of the first half of this year.

    Xinhua reports that Wuhan Iron and Steel Group expects to bring its iron ore project in Liberia online before the end of the first half of this year.

    As quoted in the news report:

    The iron ore project is jointly set up by the China and Africa Development fund and Wusteel which holds a 60 % stake. The deposit has proven iron ore reserves of 1.31 billion tonne and potential reserves of 2.785 billion tonne.

    Click here to read the full report by Xinhua

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