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Article: China Direct Commences Magnesium Production at Two New Facilities Adding 12,000 Metric Tons of Annual Capacity.
- Article from:
- PR Newswire
- Article date:
- January 23, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BOCA RATON, Fla., Jan. 23 /PRNewswire-FirstCall/ -- China Direct, Inc. , a U.S. company that owns controlling stakes in a diversified portfolio of Chinese entities and assists Chinese businesses in accessing the U.S. capital markets, today announced that its subsidiaries, Jinwei Magnesium Co., Ltd ("Jinwei") and Pan Asia Magnesium Co., Ltd ("Pan Asia"), have commenced production at two newly constructed 6,000 metric ton magnesium manufacturing facilities.
This marks the completion of the second stage of construction at both Jinwei and Pan Asia which can now each produce 12,000 metric tons of magnesium on an annual basis. Management expects to complete the ...
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