Nansteel (600282.SH) subsidiary won the exploration rights of Fanqiao Iron Mine for 920 million yuan.

Dow Jones Financial News APP, Nansteel (600282.SH) has announced that in order to further enhance its competitiveness in "high efficiency, low cost, intelligent manufacturing", the company is actively building an industrial chain ecosystem. The company's wholly-owned subsidiary, Anhui Jinan Mining Co., Ltd. (hereinafter referred to as "Jinan Mining"), is actively seeking to optimize the layout of the industrial chain and enhance its resource integration capabilities. On April 10, 2025, Limin Urban and Rural Construction Investment Co., Ltd. of Huoqiu County publicly auctioned the exploration rights (exploration rights reserved) of Fanqiao Iron Mine in Huoqiu County, Anhui Province through the Anhui Provincial Property Rights Trading Center in an online listing manner.