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[ferro-alloys.com] The Longqiao iron ore mining expansion project of Chinese mining company Anhui Lujiang Longqiao Mining Company has been approved by China's National Development and Reform Commission.

Investment in the project in question is expected to total CNY 940.11 million. The Longqiao iron ore mine which is located in China's Anhui Province has proven iron ore reserves amounting to 110 million tonnes.

The expansion project is expected to increase the annual iron ore output of the mine from 1 million tonnes to 3 million tonnes while the annual iron ore concentrate output is expected to reach 1.345 million tonnes with an Fe content of 66%.

Anhui Lujiang Longqiao Mining Company was established in December 2001 by Xiaman Wanqi Technology Company together with 8 other companies. It officially started production in 2006 while its annual output reached 1 million tonnes in 2007