Chinese firms discover 1 billion mt ore in Kyrgyzstan

SteelOrbis Shanghai Four Chinese firms have discovered 1 billion mt iron ore in Krgyzsytan. According to preliminary predictions, the iron content is more than 40% with exploitable iron ore at above 1 billion metric tons, and the long-term volume will be 5.4 billion metric tons. This marks the second largest reserve in the CIS. China does not have such a large reserve. Only high road is available for transporting goods between China and Kyrgyzstan. The establishment of a 260 kilometer railway is now on the agenda to import iron ore from the mines to China.