Hubei is located in the middle reach of China's Yangtze River. The ore is magnetite and mineralisation style is contact metasomatic hydrothermal. The region has the country's highest ore grades with Fe content ranging from 40% to 60%. Ore from this region typically has a high copper content. The key company in Hubei is Wuhan Iron and Steel Group which is an SOE owned by State owned Assets Supervision and Administration Commission of the State Council (SASAC).