Australian Mount Gibson announced its iron ore sales totaled 813,000 tons, fell 45.5% month on month, and fell 49.3% year on year. The company’s iron ore sales were 4.971 million tons in the 2016 fiscal year, down 14.8% year on year, to 5.8336 million tons in last year.

The company has three vein mines included jinbolihai vein of koolan island on the shore, to expand the veins and veins of Tallering Peak in the Midwest. Among them, the koolan Island vein Acasia pit East satellite has completed its sales and production, and to preserve and maintain the vein.

Mount Gibson plans to provide detailed evaluation results in late 2016