ShengdaTech Inc. a leading manufacturer of nano precipitated calcium carbonate and a manufacturer of coal-based chemical products in Shandong Province, PRC, today announced the Company will require additional time to close the acquisition of Jinan Fertilizer Co., Ltd., (”Jinan Fertilizer”) and that the chemical facility in Tai’an City was closed as scheduled on October 31, [...]

Terra Nostra Resources Corporation (OTCBB: TNRO) a majority owner of two joint venture companies in the copper and stainless steel industries in China, is pleased to announce the appointments of Mr. Nai Biao Zhai as General Manager of Shandong Quanxin Stainless Steel Co Ltd. (SQSS) and Mr. Bao Dong Han as General Manager of Shandong [...]

Currently, global sulfur production is mainly concentrated in Canada, Russia and the Middle East. The global trade volume of sulfur in 2006 reached 27.7 million tons and meanwhile, China imported 8.81 million tons, accounting for 31.8% of the world’s total. According to the statistics, China consumed about 10 million tons of sulfur in 2006, while [...]

Shares of China’s Yanzhou Coal Mining Co. trading in the U.S. helped pull an index of emerging markets ADRs down in Wednesday afternoon trading.
The company’s ADRs fell $11, or 10.3 percent, to $97.71. ADR stands for American Depositary Receipt, which is a security designed to allow U.S. investors to trade shares of companies based overseas.
The [...]

It’s taken almost four years and $3 billion, but Australia’s wealthiest individual Andrew “Twiggy” Forrest is about to turn his iron ore dream into reality.
The first commercial export shipment of his Fortescue Metals Group Ltd is due to commence loading on Thursday at Port Hedland in Western Australia’s remote Pilbara region.
The iron ore is from [...]

China’s strong demand for coal and iron ore is adding to the upward pressure on freight rates, which have risen sharply as the ship line-up builds in Australia after storm disruptions early this month.
Industry officials and traders said there was no sign of a slowdown in Chinese iron ore demand, despite Beijing imposing tax changes [...]

OneSteel Ltd., Australia’s second- largest steelmaker, signed a 10-year agreement to sell iron ore to China’s Rizhao Steel as it expands exports to take advantage of prices of the steelmaking raw material.
The company will sell more than 6 million tons to Rizhao, based in Shandong province, starting July 1, Sydney-based OneSteel said in a statement [...]

China’s stainless steel output for 2006 totaled 5.3 million Metric Tonnes, a year over year increase of 67.68%. The National Development and Reform Commission stated last week that this sector is expected to further grow by 8% this year. The NDRC predicts prices to rise gradually in 2007 with a focus mainly on technological upgrades [...]

Shandong Gold Mining has approved the sale of as many as 100 million yuan-denominated shares to buy five mines from its parent, Shandong Gold Mining Group.
The company, the second-largest listed miner of the metal in China, will sell the stock to ten investors, including its parent, which will buy at least half of the shares [...]

Terra Nostra Resources Corporation , is pleased to announce preliminary results for the six months ended November 30th, 2006.
Consolidated revenues are expected to total US$111.9 million, yielding gross profits of $5.9 million, and consolidated EBITDA of $2.89 million. These consolidated figures include copper joint venture operations, stainless steel joint venture start-up operations, and Terra Nostra [...]