Chinese|EnglishMongolia's iron ore resources are mainly located in Selenge and Central Provinces, with the Tumurtai iron ore mine currently having proven reserves of 230 million tons of iron ore and the Bayangol iron ore mine having proven reserves of 110 million tons. The ores are magnetic iron ores with 52%-62% full iron content. It becomes iron ore concentrate through processing, and the iron content of Mongolian iron ore concentrate is over 66%. Mongolia iron ore resources are reliable, large reserves, high grade, suitable for opencast mining, and highly valuable for development.
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