Asaplus Resources Limited is a Singapore-based company, which is engaged in the exploration, mining and marketing of iron ore. The principal activities of the Company include exploration, mining, and marketing of iron, investment holdings, trading of copper strips, evaluation and assessment of strategic investment and project opportunities, and consulting services. The Company operates through two segments: Mining and trading in related industry, and Other. The Mining and trading in related industry segment is engaged in the exploration, mining, and trading of iron ore. The Other segment relates to the corporate activities of the Company. The Companyâs Beikeng Iron Mine is situated approximately 20 kilometers (Km) from the town/city of Datian, within Fujian province in the People's Republic of China. The Company's Silverstone Mine is located on the west side of the Dai Yun Mountains in Datain County, Fujian province in the People's Republic of China.
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