According to a statement from Shanghai United Assets and Equity Exchange, Anhui Province-based Chinese company ChinaCoal Mine Construction Group Corporation (CCMCGC) intends to sell its Zhongqiaonan iron ore mine located in the county of Dangtu in Anhui at the listed price of RMB 40.3 million ($6.194 million).
CCMCGC has stipulated that the buyer should have a good business reputation and a sound financial situation. The buyer should also comply with the requirements of the policies of China's Ministry of Land and Resources.