On January 29, Sichuan Province-based Chinese miner Panzhihua Iron and Steel
Mining Company (Pangang
Mining Co.), a subsidiary of Pangang Group, announced that it is targeting an
iron ore concentrate output of 12.05 million mt in 2013. This would represent an increase of 126.8 percent compared with the
iron ore concentrate output of 5.3129 million mt which Pangang
Mining achieved in 2012.