Jiangsu Xiangyu's mining iron ore base project goes into official operation
2026-08-24 10:45:15 [Print]
On August 21, Jiangsu Xiangyu Mining Technology Development Co., Ltd., a subsidiary of Xiangyu Group, officially commenced operation in Zhenjiang Economic Development Zone.
The mining supply chain base project now in operation represents a total investment of USD150 million and covers a total construction area of approximately 60,000 square meters. It is an advanced integrated supply chain facility for iron ore washing, beneficiation, processing, transshipment, and distribution. The project is designed to process 3,000,000tpy of iron ore, with projected annual sales exceeding RMB2 billion (USD297.48 million).
The mining supply chain base project now in operation represents a total investment of USD150 million and covers a total construction area of approximately 60,000 square meters. It is an advanced integrated supply chain facility for iron ore washing, beneficiation, processing, transshipment, and distribution. The project is designed to process 3,000,000tpy of iron ore, with projected annual sales exceeding RMB2 billion (USD297.48 million).
