OREANDA-NEWS. February 24, 2012. Pangang Group Baima Iron Mine will extract 52.5 million tons of iron ore and deliver 15 million tons this year, up 33 percent and 28 percent, respectively, from 2011.

The group launched a semi-autogenous grinding machine of five million tons, pipeline transportation system and the No.2 pressure pumping station for tailings transportation in September 2011as the second phase of its Panzhihua-based Baima Mine in Tianjiacun.