Sichuan-based Chinese steelmaker Pangang Group has announced that it has established two joint ventures, Xichang Panjiang Coal Coking Co. and Panzhihua Panjiang Coal Coking Co., with Guizhou Province-based Panjiang Group.
Accordingly, Panjiang Group and Pangang Group will cooperate in the fields of coal mining and coal processing, while also focusing on the development of iron ore resources.