Bao-HI Ranges joint venture ships more than 200 million tonnes of iron ore
China Baowu announced on October 15th that Bao-HI Ranges joint venture has shipped 200 million tonnes of iron ore recently.
Bao-HI Ranges joint venture was established in 2002, of which Rio Tinto and China Baowu each holds 54% and 46% shares. Since the operation of Dongpo Mine joint venture from 2004, Bao-HI Ranges has supplied all iron ore to China Baowu.