03
Jun
01:00
Liugang invests in iron ore port
Liuzhou Iron and Steel (Liugang) in south-western China’s Guangxi province is investing CNY 600 million ($98 million) in its iron ore port to improve logistics and meet stricter environmental standards, it says. The company has had a troubled year or two but appears to have stalled the decay in its financial situation for now, Kallanish notes.
The money will go into reducing dust pollution from shipping and trucking ore and on increasing the …
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