Hebei Steel’s Miaogou iron ore mine switches to underground mining

Friday, 16 March 2012 15:37:12 (GMT+3)   |  
       

Major Chinese steel producer Hebei Iron and Steel Group has stated that its Miaogou iron ore mine located in Qinhuangdao in Hebei Province has switched from open-pit to underground mining.

In 2011, Hebei Steel excavated 5.66 million mt of iron ore at its Miaogou mine, producing 780,000 mt of iron ore concentrate, earning a profit of RMB 500 million ($79.37 million). In January this year, the Miaogou mine produced 67,500 mt of iron ore concentrate with 65.26 percent Fe content.

After 25 years of exploitation, the open-pit resources at Miaogou have been exhausted. The switch to underground mining is expected to ensure sustainable development of the mine.


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