China announced the closure of mining and processing complexes of less than 50 thousand tons of iron ore raw materials

The Chinese government ratified the Decree of December 26, 2012 that provides for the elimination of small GOKs until the end of 2013. Productive enterprises will be closed whose annual production volume is less than 30 thousand tons during underground developments and less than 50 thousand tons per year when iron ore mining.

I will also close mines and GOKs incapable of ensuring safety during work and polluting the environment, reports www.Steelhome.cn.