China Direct Industries, Inc. Announces Conference Call to Discuss Financial Results for the Year Ended December 31, 2008

DEERFIELD BEACH, Fla., March 27 /PRNewswire/ -- China Direct, Inc., d/b/a China Direct Industries, Inc. ("China Direct Industries") (Nasdaq: CDII - News), a U.S. company that manages a portfolio of Chinese entities, announced today that Andrew Weeraratne, Chief Financial Officer and Richard Galterio, Vice President of Investor and Public Relations of China Direct Industries, will host a conference call to discuss the Company's financial results for the year ended December 31, 2008.

The call information follows:

• Date: March 31, 2009
• Time: 4:30 p.m. Eastern Daylight Time
• Dial-in number for US/Canada: (866) 296-4125
• Dial-In number for international callers: (706) 758 9807
• Conference ID: 92463672

This call is being webcast by ViaVid Broadcasting and can be accessed at China Direct's website at http://www.cdii.net/calendar-of-events. The webcast may also be accessed at ViaVid's website at http://www.viavid.net/. The playback of the webcast can be accessed through either site until March 31, 2010. To access the webcast, you will need to have the Windows Media Player on your desktop. For the free download of the Media Player, please visit: http://www.microsoft.com/windows/windowsmedia/en/download/default.aspx

About China Direct, Inc.

China Direct, Inc., d/b/a China Direct Industries, Inc. (Nasdaq: CDII - News), is a U.S. owned, rapidly growing holding company operating in China in two core business segments, pure magnesium production and distribution and distribution of basic material production in China. The Company also provides advisory services to China based companies in competing in the global economy. Headquartered in Deerfield Beach, Florida, China Direct operates 10 subsidiaries throughout China. This infrastructure creates a platform to expand business opportunities globally while effectively and efficiently accessing the U.S. capital markets. For more information about China Direct, please visit http://www.cdii.net.

    Contact Information:

    For the Company:

    China Direct Industries, Inc.

    Richard Galterio or Lillian Wong

    Investor Relations

    Phone: 1-877-China-57

    Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it   This e-mail address is being protected from spambots. You need JavaScript enabled to view it