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China Targets Tanzania's Iron Ore Production

China Targets Tanzania's Iron Ore Production


Industry Segment: Metals & Minerals | Word Count: 282 Words

JOHANNESBURG--February 4, 2015--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Before, and now during China's current deflationary domestic tendency, China has targeted Tanzania's resource potential as a prize and an investment stronghold. Local reports say that 6,000 Chinese entities are interested in exploring for mineral resources in south Tanzania, with a focus on iron ore.

Within this article: Update on China's mining interests in Tanzania.

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