Bayan Obo iron ore located in central Inner Mongolia Wulanchabu grassland south of the People's Republic of Mongolia more than 100 kilometers, over 140 km north of Baotou, Baotou mine belongs to the jurisdiction, has a bag of white roads and urban areas interlinked with standard gauge The railway is connected to the Beijing-Bao line.

Baiyun Obo Iron Mine is the main raw material base of Baotou Steel and is the world famous rare earth town. On February 27, 1957, the mine was built. After the expansion of the “Seventh Five-Year Plan” and the “Eighth Five-Year Plan”, it has now formed a modern large-scale open-pit mine with an annual output of more than 10 million tons of ore. The original value of fixed assets is more than 1.6 billion yuan. It has a weight of 30,000 tons and a total of more than 6,000 employees.

The Bayan Obo Iron Mine has unique advantages in resources. It has discovered 175 minerals and 71 elements, and there are 26 kinds of elements with or with comprehensive utilization value. The proven iron ore reserves are 1.4 billion tons, forming four industrial deposits of main mine, east mine, west mine and Dongjie Leger. The mineralization range of the whole area is 48 square kilometers. Rare earth resources rank first in the world, accounting for 77% of the world's proven reserves, and more than 95% of China's total reserves. 铌 resources rank second in the world. In addition, there are 150 million tons of potassium-rich slate in the upper part of the ore body, with an average grade of 12.14% potassium oxide. Rare earth, strontium and iron symbiosis, a variety of material components coexist, forming a unique deposit type of Bayan Obo iron ore.

In the new century, Baiyun Ebo Iron Mine has a long way to go. Baotou Steel (Group) Co., Ltd. adjusted the ore volume of Baiyun Obo Iron Mine to only 12 million tons/year, resulting in nearly one-third of the production equipment idle. Various large-scale mining equipment and various load tests are waiting for people with lofty ideals to cooperate and develop with us to benefit human beings and serve the society.

The Bayan Obo Iron Mine is also sincerely seeking partners, making full use of its unique resources and sufficient energy allocation, and a solid material foundation to make this pearl sculpture on the Qianli Grassland in Inner Mongolia even more embarrassing.

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