The Chinese news agency “Xinhua” reported that the Natural Resources Directorate of Shandong Province identified 16 clusters of high-quality iron ore in the Shihe-Yuecheng area in… China.
High-quality iron ore usually has a total iron content of more than 45 percent.
Hu Zhiyong, an official with the directorate, said that the newly confirmed high-grade iron ore deposit is one of the few deposits in China, and is characterized by its large distribution, large thickness of the ore body, high quality of the ore, and promising exploration potential.
As of 2022, a total of 173 types of minerals have been found in China, according to a report issued by the Chinese Ministry of Natural Resources.
