In 2014, NMS contracted and built a production line with an annual capacity of 2 million tons for Wugang project. Chinada Mining was extremely satisfied with NMS products and service, and chose NMS again for another production line with an annual capacity of 1 million tons.
The total investment of the project is 1.5 billion yuan, and the proven iron ore reserves are 2.2 billion tons. Although the reserves are large, the iron content of the ore is not high, which is nearly 70% lower than the normal mining grade and belongs to the exploitation and utilization of "iron ore with super-low content". Inner Mongolia News reported the project.
Located in Queensland, Australia, the project was the main asset project of CuDeco and one of the largest copper mining projects in Australia, with resource totalling 30 million tons at 1.9% copper equivalent. After the starting of the project, the annual output of ore was expected to be up to 3 million tons.