Current position: http: //www.jmgzzc.com/ "> Home - - Steel Group to Cameroon iron ore mining project investment $ 660 million
Steel Group will Cameroon iron ore mining project investment $ 660 million Published: 2015-7-15 8:39 Wednesday Publisher: http: //www.jmgzzc.com/author/1 "> admin Views : 9 Cameroon mining, industrial, and Science and Technology (MinistryofMines, IndustriesandTechnologicalDevelopment) a senior official to Dow Jones Newswires Friday (DowJonesNewswires) said this week after a pre-feasibility study, China Steel Corporation (Sinosteelco.) It said it will invest $ 660 million in the southern region of Cameroon (SouthRegion) an iron ore mining and processing project.
Senior officials said CalistusFuhGentry said that China Steel Corporation of Cameroon affiliate SinosteelCamS.A. Feasibility study has been submitted in advance. The results show that this is located near Kribi Mammel project has an average of about 632.8 million tons of iron ore reserves.
The official said China has already announced that it would invest in the project about $ 660 million, saying the department is waiting SinosteelCam out timetable for the project.
FuhGentry that these companies can exploit up to 25 years in the project, the annual output will be around 400 million tonnes, of which 15% will be processed locally.
China Steel Corporation factory will be located in the local «http://www.jmgzzc.com/post-45503.html">
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