Silvercorp Shareholders Approve Shareholder Rights Plan

Silvercorp Metals Inc. held its Annual General Meeting on September 26, 2008. All matters placed before the shareholders were approved, including the adoption of the proposed shareholder rights plan. The voting report of the Annual Meeting is available for review on the SEDAR system. Silvercorp Metals Inc., China’s largest primary silver producer, is engaged in the acquisition, exploration, and... 

Praxair China Expands Supply Agreement with Shaoguan Iron & Steel Group Co., Ltd.

Praxair (China) Investment Co., Ltd. has signed a long-term supply agreement with Guangdong Shaoguan Iron & Steel Group Co., Ltd (Shaoguan Steel). Under this contract, Praxair China will build a large air separation plant to go on stream in mid-2010. The new plant will supply oxygen, nitrogen and argon for Shaoguan Steel’s increased production capacity. The plant will be the fourth Praxair air... 

General Steel Holdings to Present at the 13th Annual JPMorgan Asia Pacific and Emerging Markets Equity Conference in New York

General Steel Holdings, Inc., one of China’s leading non- state owned steel products producers today announced that the Company will attend the 13th Annual JPMorgan Asia Pacific and Emerging Markets Equity Conference at the New York Marriott Marquis in New York City. Ross Warner, Director of IR, is scheduled to present at 11:00 a.m. Eastern Time (ET) on Wednesday, September 3, 2008. Participation... 

Silvercorp Metals Inc.: Power Supply Rationing

Silvercorp Metals Inc. provided an update on power supply issues in China. Due to inadequate power coal supply nation wide, and due to measures to insure power supply to the Beijing Olympic Games and to residential consumers during the Olympic Games, governmental rationing has been imposed for industrial usage. As a result, Silvercorp’s mining operations in its Ying Mining Camp, in Luoyang City,... 

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Brazil’s Vale plans to expand iron ore-pellet output in Asia

Cia. Vale do Rio Doce, the world’s biggest iron-ore producer, plans to expand output of pellets in Malaysia and China to meet rising demand. Capacity at a joint-venture plant at Zhuhai in China’s Guangdong province may increase by two million tonnes a year, Jose Carlos Martins, head of Vale’s iron-ore business, said yesterday at a seminar. The company, based in Rio de Janeiro,... 

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China Ranks Provinces by Coal, Power Efficiency

China, which plans to judge its officials on improvements in energy efficiency, has published a list ranking its provinces by how much coal and electricity they use to generate each dollar of national income. Some of the country’s developed areas used only one-fifth as much coal per unit of output last year as poor, remote Ningxia, the list, published on the Web site of the National Bureau of...