Ansteel Mining's production indicators in the first quarter once again far exceeded expectations. The company’s production of iron concentrate in the first quarter was 5.77 million mt, exceeding the target by 150,000 mt, a year-on-year increase of 3.3%; the full cost of iron ore concentrate has been reduced by 30 yuan/mt year-on-year, and the profit has exceeded the target by 150 million yuan.

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