Anshan-benxi region iron ore mine

Located in Liaoning province of Northeast China, Anshan-benxi has the largest iron ore reserves in China. It has a long mining history of over 100 years. Almost 78% of operating mines are owned by SOE steel mills Angang Steel and Benxi Iron and Steel. The mines are surface operations with the largest average size in China which leads to low mining costs. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.