China has stepped up investment in mineral resources exploration to bolster reserves and production, according to a bulletin released recently by the Ministry of Natural Resources.
Caofeidian district of Tangshan city, North China's Hebei province, has actively integrated into the Beijing-Tianjin-Hebei coordinated development strategy in recent years.
And the EAF will only enable the company to produce around 2.5mn t/yr of hot-rolled coil (HRC), impacting Tata's downstream operations, union sources suggest, citing information from consultancy Syndex.
UK-South African mining firm Anglo American will integrate the Serra da Serpentina iron ore resource, owned by Brazilian producer Vale, into its nearby Minas Rio operations in Brazil.