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China Direct Industries To Acquire 80% Interest In Ruiming Magnesium For A Combination of $6.6 Million In Cash And Stock

By TechAgreements

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Ruiming adds 14,000 metric tons of annual magnesium production capacity to its IMG branded operations to potentially generate up to $35 million in revenue per year at current price levels Deerfield Beach, Fla., July 15, 2010 ? China Direct Industries, Inc. (?China Direct Industries?) (NASDAQ: CDII), a U.S. owned holding company operating in China in two core business segments, pure magnesium...

Full post as published by TechAgreements on July 15, 2010 (boomark / email).

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