10
Mar
11:35
Baowu Resources signs iron ore purchase agreements
Baowu Group subsidiary Baowu Resources has extended its iron ore purchase agreement with Hainan Mining in 2023.
According to the agreement, Hainan Mining will supply 1 million tonnes of iron ore, including lump ore and fines, to Baowu Resources in 2023. These products will be sent to steel producers or mining firms under the Baowu Group. This figure is down slightly from last year's 1.2mt supply agreement, Kallanish notes.
In addition, Baowu Re…
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