WF Hebei Wenfeng Industrial Co. Corporate Presentation
OVERSEAS MINING PROJECTS - CHILE IRON ORE
HWIG holds iron ore projects in Chile through its wholly owned subsidiary
Minera San Fierro Chile Limitada.
The subsidiary controls a total of 500 km² of mining rights, prospecting
rights and option in the Atacama Region of Chile.
The company has three projects called Oso Negro (Black Bear), Escondida
and Morion (Xing Xing 48) - with combined Proven reserves of over 500
million tons of iron ore.
The Black Bear iron ore mine is currently producing ~1 million tons of iron
ore concentrate with the others in development.
Once all three mines are in production, combined annual output of iron
concentrate powder is expected to be ~10 million tonnes.
WF Hebei Wenfeng Industrial Co. | Corporate Presentation
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