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Tibetans participate in a candle light vigil to mourn the passing away of Chinese activist Liu Xiaobo in China, TCV Day School, July 14, 2017 Phayul Photo: Kunsang Gashon
His Holiness the Dalai Lama leaves for Gaggal airport, June 11, 2017. The Tibetan leader is scheduled to give a public talk on "Embracing the Beauty of Diversity in our World" at the University of California San Diego on June 16, 2017. Phayul Photo: Kunsang Gashon
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1 billion tons of magnetite found in Tibet
People's Daily[Friday, August 22, 2008 15:12]
According to the news released by the official website of the Ministry of Commerce of China, Jiangxi Province's Geological Survey found masses of magnetite in Tibet. The ore content is as high as 50% to 60%; and the potential iron ore resources could reach more than 1 billion tons, which is a rare occurence in the country.

Xu Xiangchun, an expert in this field, said that Chinese magnetite is generally small and the ore content low. At present, a large amount of iron ore in China is mainly imported. Under these conditions, the discovery of magnetite in Tibet is highly significant.

NOTE: People's Daily is the mouthpiece of the Communist Party of China(CPC).
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