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.