1, Jinling Mining, the only pure iron ore resource-based listed company in China, owns two mines, Tieshanzi Mine and Hou Zhuangzi Mine, with geological grade as high as 5 1.88% and less harmful impurities. The annual output of raw ore is 350,000 tons and 500,000 tons respectively. In addition, 40% of Jinding Mining's raw ore is sold to the company, and it is expected that the company's iron concentrate output will reach in 2007 and 2008. In 2008, the company will issue additional shares to acquire Zhaokou Branch Coal Mine. 2. Panzhihua Steel Vanadium (000629), in addition to Baima Iron Mine, which has been controlled at present, the company will also own the mining rights of Zhujiabaobao Iron Mine and Lan Jian Iron Mine and wangcang county Jintieguan Magnetite Mine. After the above mines are put into operation, the annual output of iron concentrate will reach more than 7 million tons, with an average grade of about 54%, and the cost per ton is lower than the domestic market price from 400 yuan to 500 yuan. It has become one of the few listed steel enterprises with ore and self-sufficiency in China. 3. Benxi Steel Plate Company (00076 1) is rich in mineral resources. The company owns its own mines, the ore self-sufficiency rate is above 80%, and the import ratio is not large. Nanfen Mine is rich in reserves and low in sulfur, and is known as "ginseng iron". 4. Chongqing Iron and Steel (60 1005) and the group company jointly invested1400 million to lead the development of Wushan Iron Mine. 5. The surrounding area of Maanshan Iron and Steel Co., Ltd. (600808) is rich in resources such as ore, coal, electricity, water and limestone, among which the iron ore reserves are as high as 2.2 billion tons. 6. Changli Co., Ltd. (600507) acquired 30% equity of Heyuan Zijin Tianou Mining Co., Ltd., Tianou Mining owns the iron mine in Gao Xia section of Zhangtie Iron Mine, which has an iron ore resource reserve of 30.005 million tons (which can be mined for 37.5 years). According to the mining design, the mining scale is 800,000 tons of ore per year. It is estimated that the average annual output of iron concentrate will be 235,700 tons after production.