Hebei Steel focuses on molybdenum resource development in Laiyuan

Steelguru.com reports that Chinese steel giant Hebei Iron and Steel Co Ltd subsidiary Laiyuan Non Ferrous Metal Company has inked integration agreements with eight privately owned molybdenum ore companies in the district of Dawan Laiyuan County, Hebei Province.

The market news is quoted as saying:

As Hebei Steel said in its statement, the mineral resource development plan to be carried out by Laiyuan Non-Ferrous Metal Company with regard to the Guanghui mining district in Laiyuan has been unanimously approved by Hebei Steel’s board of directors.

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