Wuhan Iron and Steel Group (Wusteel) announced that its iron ore mining project in Liberia, West African is expected to come on stream in the first half of this year.
The iron ore project is jointly set up by the China-Africa Development fund and Wusteel which holds a 60 % stake. The deposit has proven iron ore reserves of 1.31bnt and potential reserves of 2.785bnt.
Source: China Metals e-mail [email protected]