Group of Chinese machinery equipment plans east alliance steel-making

Learned a few days ago, group of Chinese machinery equipment signed iron ore of place of exploration of a collaboration to establish the agreement of steely enterprise with two companies of Kampuchea recently. Alliance perhaps can make the another outlet that Chinese steely industry grows continuously east. As we have learned, chinese machinery equips (group) company and Kampuchea development company, humble Bikesi the company signed an agreement in Phnom Penh recently, decide resource of iron ore of cooperative exploration Kampuchea, once the condition is had, investment on build card history first iron ore extracts and steely smelt enterprise. Chinese machinery equips (group) Li Shuzhi of company vice president expresses, just be in in pass with two Kampuchea company friendly the decision after talking things over, the iron ore resource that will begin to add up to summer of oppose Kampuchea Bai Wei to save within the near future undertakes exploration, once decide the iron ore over there has commercial exploitation value, concerned collaboration just is investment on history of local build Kampuchea the first steely smeltery, manufacturing iron and steel supplies note market. It is reported, the development of mineral products resource is used also the key that just is Kampuchea government attention, cooperate first to both sides accordingly, kampuchea government will give support energetically and cooperate closely. Li Shuzhi discloses, the exploration job of resource of concerned iron ore will be signed in the agreement hind begin to undertake inside 45 days. The dimensions as to exploitation of prospective iron ore and steel ironworks and each square investment scale, should inspect result of exploration of iron ore resource and calm. Before this, lai steel builds steely plant in place with Vietnam government agreement, and home is at present steely Bao Gang criterion and Jin Chuan group are in the old of course of study to undertake assessment to project of mine of Philippine investment nickel. Alliance already made one of overseas markets that Chinese steely course of study pays close attention to most gradually east CNC Milling