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Corrected China Direct Industries In Letter of Intent To Acquire Additional Magnesium Production Facilities Company Intends To Sell Its Stake In Pan Asia...

By TechAgreements

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The non binding letter of intent entered into between China Direct Industries and Yiwei Magnesium contemplates the creation of what China Direct Industries believes will be the largest producer and distributer of pure magnesium and related products in the world.  In addition to the acquisition of the minority stake in China Direct Industries magnesium subsidiaries owned by Yiwei Magnesium, China..

Full post as published by TechAgreements on October 06, 2009 (boomark / email).

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