China Baoli Technologies Holdings said its Mongolian iron ore project has entered construction after equipment procurement and customs clearance, with the first iron ore concentrate expected shortly. Its Mongolian coal project has completed camp infrastructure and begun hiring but still needs additional capital before full production. The Hong Kong-listed company is discussing offtake and long-term sales partnerships, with some distributors starting due diligence, and is evaluating African iron ore opportunities to diversify its resource base.