[advertise]广告[/advertise] CHINA has discovered an iron ore deposit with reserves of more than 1 billion tons in the northern province of Hebei, the local government said. The Macheng deposit, located in Luannan, Tangshan city, has material with iron content of 35 percent on average, the provincial land and resources department said in a statement Saturday. Deposits were found at depths between 100 meters to 600 meters, it said. Source: Shenzhen Daily