Chapter 650: Owning a Mine at Home

Li Feng looked at Zhu Jun.

"The mines in Lijia State, I have some understanding of them. Ai Country's economic development is passable, and there are railways within the territory, but the mining areas are all adjacent to neighboring countries, so the areas are quite chaotic. It's precisely because mining there is difficult that they're open for investment."

"If you're thinking of going into mining, the three best places to invest are West Africa, South Africa, and several countries in East Africa."

"The iron ore in West Africa is quite famous. You must have heard about the large iron mine in Liberia."

Zhu Jun gulped down a mouthful of saliva.

The iron mines of West Africa are very renowned indeed, on par with Hehai and the freshwater valleys of A continent, with reserves in the billion-tonne range, and also of high grade. Most crucially, they can be exploited through open-pit mining.

For mining, depth of burial, grade, and reserves are what determine a mine's quality.