China will establish an iron ore group, and Yao Lin will be the head of the preparatory group

Alan Yang

According to media reports, Yao Lin, chairman of Aluminum Corporation of China, has just left his post and shoulders a new important mission and is responsible for preparing a new iron ore platform company.

According to sources, Yao Lin is expected to take charge of a new state-owned enterprise that integrates China's iron ore imports. The name of the central enterprise is rumored to be "China Iron Ore Group Corporation"