Wuhan Steel is interested in 40 billion tons of iron ore

At the press conference on July 31 on the territory of the largest mountain-rural project of the company in West Africa, the president of Wuhan Iron and Steel (Group) Corp. Mr. Dang Qilin announced that the Bong mine is a strategic object for the fourth of the world of a metallurgical company.

The fact is that today Wuhan Steel is provided with its own ore less than 30 percent and therefore the company is forced to spend a lot of money buying large amounts of iron ore around the world.

Wuhan Steel is extremely interested in the industrial development of 40 billion tons of explored iron ore reserves in West Africa.