Jilin Province-based Chinese steel producer Tonggang Group, a subsidiary of Shougang Group, has announced that its Li iron ore mine achieved a gross profit of RMB 14.11 million ($2.23 million) in the first six months of the current year.
In the first six months, iron ore output at the mine was equal to 102.4 percent of the target for the period, while sintered ore output was equal to 104.7 percent of the targeted figure.