1. Friday May 25, 2018
      Home > BUSINESS
      Text:| Print|

      Hebei Steel invests in Canadian iron ore miner

      2012-07-09 16:09 chinadaily.com.cn     Web Editor: Zhang Chan comment

      Hebei Iron & Steel Group Co got approval from the National Development and Reform Commission to invest in Canadian iron ore developer Alderon Iron Ore Corp.

      Hebei Steel, the largest steel producer by output in the country, said in April that it would invest C$88.3 million ($88 million) for a 19.9 percent stake in Alderon and spend C$105.7 million ($105 million) on Alderon's 25 percent interest in the Kami project, according to China Business News on July 9.

      The project, located in Canada's Labrador Trough and with water, power and port facilities, has iron ore reserves of about 1 billion tons, with an expected output of 8 million tons after it is put into operation in 2015.

      Hebei Steel will have priority rights to buy 60 percent of the annual iron ore output from the project.

      The deal shows China's efforts to reduce its dependence on iron ore imports and gain more control over foreign resources.

      According to the company's plans, it will own total resources of 7.2 billion tons domestically and 800 million tons abroad by the end of 2015, aiming to raise its iron ore self-supply percentage from the current less than 9 percent to 40 percent.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 韩国免费a级作爱片无码| 中文字幕乱码亚洲精品一区| 日韩一级片免费观看| 亚洲中文字幕第一页在线 | 无码国产精品一区二区免费16| 亚洲午夜久久久影院伊人| 国产精品免费久久久久电影网| 亚洲无码黄色网址| 成人免费网站视频www| 亚洲精品tv久久久久久久久久| 亚洲国产精品VA在线观看麻豆| 中国毛片免费观看| 久久久久久亚洲精品| 最近中文字幕电影大全免费版| 亚洲第一成年网站大全亚洲| 一本无码人妻在中文字幕免费| 亚洲欧美日韩中文字幕在线一区| 99免费在线视频| 亚洲国产日韩一区高清在线| 18禁网站免费无遮挡无码中文| 亚洲人成网站在线观看播放| 免费观看91视频| 亚洲一区二区三区久久| 在线观看免费成人| 一级毛片视频免费| 亚洲AV永久无码精品一百度影院| 91精品国产免费久久久久久青草| 亚洲色偷精品一区二区三区| 久99精品视频在线观看婷亚洲片国产一区一级在线| 美女网站在线观看视频免费的 | 男人的好看免费观看在线视频| 亚洲精品无码久久不卡| 91成人免费观看在线观看| 内射少妇36P亚洲区| 女人隐私秘视频黄www免费| 91久久亚洲国产成人精品性色| 免费观看91视频| 亚洲精品久久无码| 亚洲成色在线综合网站| 成人毛片18女人毛片免费视频未| a级毛片免费观看在线|