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Shrutika Sharma from Nainital, Uttrakhand, wins the Miss Himalaya Pageant 2019, seen with her are first runners up Shalika Rana and second runners up Sapna Devi. Oct. 13, 2019 Phayu Photo: Kunsang Gashon
Nearly 3000 Students from eight countries listened to teachings of His Holiness the Dalai Lama. Three day annual teachings for youth began today. June 3, 2019. Phayul Photo: Kunsang Gashon
His Holiness the Dalai Lama is being escorted to the teaching site at Tsuglakhang temple, May 13, 2019. 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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