A new iron ore deposit 1,511 meters to 1,556 meters below the earth surface with a thickness of some 20.33 m was found in the northwestern Anhui Province of Linquan County.

As per report the new mine has the same floor as the large iron ore formation belts discovered in Huoqiu, Anhui and Xincai, Henan and will lend support to the faster growth of the local economy.

(Sourced from Bloomberg)