Baosteel approves tailings dam expansion project

Inner Mongolia Baotou Steel Union (SSE:600010) announced the approval of a resolution regarding the tailings dam expansion project at its 31st meeting of the 7th Board of Directors, held on June 18, 2025. The project, already included in the 2025 annual investment plan, involves an estimated investment of CNY 64371.24k. The company emphasized that the tailings dam expansion is crucial for ensuring stable production operations. All 11 attending directors voted in favor of the resolution.