Anshan Iron Ore Production Capacity Expansion Plan Approved 10 Years To "double"

From Anshan Iron and Steel Group 30 was informed that the old liberated areas Anshan

Iron Mine Expansion planning project has recently been formally approved by the Ministry of Industry and Information. Anshan Iron and Steel Group is China's largest iron ore company, iron mines Rebuilding the old liberated areas, its production capacity in 10 years than they are now doubled.

Anshan Iron and Steel Mining Company subsidiary is the largest iron ore producers, now has six open-air and an iron ore mine, with annual output of 45 million tons of iron ore, iron ore capacity to 15 million tons, accounting for mineral production 6%. However, most of these mines built in the last century, 20-50 years, due to long years of continuous exploitation and Anshan Iron and Steel production capacity rising, mine production has entered a capacity decay of the peak and the overall development of Anshan Iron and Steel and raw material supply security in constrained.

In fact, where the Anshan, Liaoning Anshan, Liaoyang proven iron ore capacity to 88 million tons of resources, potential resources of up to 17 billion tons, accounting for the proven iron ore reserves of 13.04%. Since 2007 , Anshan Iron and Steel Mining Company began to research, design and development of "Anshan Iron and Steel Mining Company iron mine construction planning", and forming a strategic planning system.

The approval of the Anshan Iron and Steel Mining Expansion approved projects were mainly for the "Eleventh Five-Year" period has been implementing the project on construction projects, and "12 5" during the implementation of construction projects, but also a five-year plan for the next Mines Project good technology, land and mineral resources of the second phase.

Capacity building through pre-release and implementation of new planning projects, in additional production capacity of the old mining area subject to disappear by 2015, Anshan iron ore output will reach 68.5 million tons, iron ore output will reach 23 million tons, respectively, compared with 22.5 million tons and increase the current size of 8 million tons. By 2020, annual output will reach 92 million tons of iron ore. All projects total investment of more than 14.7 billion dollars, all for the Anshan self.

Anshan Iron and Steel Group Corporation information, Anshan Iron and self-produced iron ore costs below the national average almost 10% lower than the import prices of iron ore 30%, with better efficiency advantages. 2020, Anshan Iron and self-produced iron ore to meet demand will produce more than 75%.

by: gaga

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