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    Hainan Mining and Baowu Resources ink annual iron ore supply agreement

    2024-01-12 11:58:53   [Print]
    On January 9, Hainan Mining Co.Asian Metal Copyright and Baowu Resources Co.Asian Metal Copyright, Ltd.Asian Metal Copyright entered into an agreement for strategic cooperation in 2024.Asian Metal Copyright and Baowu Resources Co.Asian Metal Copyright entered into an agreement for strategic cooperation in 2024.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright entered into an agreement for strategic cooperation in 2024.

    Under the agreement, Hainan Mining will supply 1 million tonnes of iron ore and 300,000 tonnes of blended ore to Baowu Resources (including steel mills and mines affiliated to Baowu Group) in 2024. The two sides will give preference to each other in case of imbalance between supply and demand.

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