In November this year, Sichuan Province-based Chinese steel company Pangang Group's Zhu Mine produced 1.1055 million mt of iron ore, equal to 102.36 percent of the planned output volume, according to Panzhihua Daily.
Pangang Group plans to achieve an iron ore output of 13.50 million mt and a net profit of RMB 106.7 million ($16.8 million) at Zhu Mine in the current year.