China to join iron ore mining, steel plant construction

Vietnamese and Chinese partners are joining hands to mine iron ore and build the first steel plant in Vietnam’s northern Lao Cai Province. “The two sides plan to implement two projects on annually exploiting 2.5–3 million tonnes of iron ore for local sales and exports to China and constructing a steel plant with a yearly capacity of 500,000 tonnes,” the provincial planning and investment department told Xinhua on August 9.

 

Category: ResourceAsia