Where is Citic Pacific located?

Western Australia
CITIC Pacific Mining (CPM) is the company behind Sino Iron, already Australia’s biggest magnetite operation located 100km south-west of Karratha, Western Australia. CPM’s investment in downstream processing and associated infrastructure is delivering premium-quality magnetite concentrate to the world’s steel mills.

Which country is the largest exporter of iron ore?

Australia
Global iron ore trade Australia, consistently the leading iron ore exporting country in the world, exported 836 million metric tons in 2019. On the other hand, China was the world’s largest importer of iron ore that year, accounting for a 75.4 percent share of the total global iron ore imports based on value.

Is CITIC Group listed?

58% of its issued shares are owned by the Chinese state-owned CITIC Group….CITIC Limited.

Headquarters at CITIC Tower
Type	Partial state-owned enterprise listed company
Traded as	SEHK: 267 Hang Seng Index component
Industry	Conglomerate

Is China Citic Bank state-owned?

CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People’s Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. Its headquarters are in Chaoyang District, Beijing.

Who is the largest iron ore producer?

Global production of iron ore is estimated to have been 2.4 billion tonnes in 2020, only slightly lower than the 2.5 million tonnes produced in 2019. Australia is the leading global producer of iron ore, accounting for 38% of the total production.

Who imports iron from India?

The main destination of Iron Ore exports from India are: China ($3.43B), Japan ($184M), Malaysia ($75.4M), Oman ($75.3M), and Indonesia ($54.5M). The fastest growing export markets for Iron Ore of India between 2019 and 2020 were China ($1.59B), Indonesia ($54.5M), and Malaysia ($28.7M).