|
|
Article: MINGZHU GROUP TO INK IRON ORE CONTRACT WITH DADING MINING
- Article from:
- AsiaInfo Services
- Article date:
- May 4, 2009
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
AsiaInfo Services
05-04-2009
Mingzhu Group to Ink Iron Ore Contract with Dading Mining
SHANGHAI, May 04, 2009 (SinoCast Daily Business Beat via COMTEX) -- Shanghai-listed Guangdong Mingzhu Group Co., Ltd. (SHSE: 600382) said in a recent statement that it planned to sign an iron ore purchase and sales contract worth not more than CNY 300 million with Guangdong-based miner Dading Mining Co., Ltd.
The Shanghai-listed company will make use of its own resources to facilitate the business development of the partner. In return, it will get fair income and gain a continuous and sound growth.
Due to the increase of both homemade and imported iron ore, however, China has been plagued with an ...