Taiyuan Changxin Magnesium Co., Ltd. ("Chang Magnesium")
In December 2006, we acquired a 51% interest in Taiyuan Changxin Magnesium Co. Ltd., located in the Shanxi Province.
Chang Magnesium is a manufacture of magnesium, operating a magnesium plant in Taiyuan China capable of producing 10,000 metric tons of magnesium annually. The primary products include magnesium ingot, magnesium scraps, magnesium powder and other related products. Chang Magnesium produces magnesium ingot with a magnesium element in excess of 99.95%. Chang Magnesium primarily exports various forms of magnesium including but not limited to magnesium ingot, magnesium powder, magnesium scrap, magnesium alloy and various grades of ordinary magnesium slabs.