Source: CCTV.com
07-03-2008 13:55
Jiuquan Iron and Steel Group, or Jiugang, plans to inject assets worth 30 billion yuan into a joint venture with a Kazakhstan iron miner. Jiugang will inject all of its steel-making facilities and mining assets into the JV.
The Kazakhstan mining company will inject 10 billion yuan in cash into the JV, which is based in Jiugang's home province of Gansu in western China.
Editor:Yang Jie
