Jun 02, 2022 04:20 PM

China Pushes Ahead With Plan to Cut Reliance on Iron Ore Imports

What’s new: China’s top economic planner said this week that it met with iron and steel industry groups as part of plans to reduce the country’s dependence on foreign iron ore — over the next couple of decades.

Representatives from the National Development and Reform Commission (NDRC), the China Iron and Steel Association (CISA), and the Metallurgical Mines’ Association of China recently discussed accelerating the construction of domestic iron ore projects under CISA’s “Foundation Plan (基石计划),” the NDRC said in a Monday post.

You've accessed an article available only to subscribers
Share this article
Open WeChat and scan the QR code
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
Caixin China Biz Roundup: Jack Ma Resurfaces on the Mainland