chinese article

Sorry if this has been posted before.

From last week. Any media is good media.


''Aurox is focused on producing a high-grade iron concentrate with a high vanadium and titanium content, a material used by specialty steel and vanadium producers in China, such as Chengde Iron and Steel Group.

All of the company's output is already contracted for direct sales to Chengde Iron and Steel Group and the RockCheck Steel Group of China for the first 15 years of production.

Under the contracts Aurox will sell 3 million tons a year to the two Chinese steelmakers for the first five years, then increase its supply to RockCheck from 3 million to 7 million tons.

"We have been working with Chinese steel mills for the past three years and we have very good relationships. They are very accessible, very competent businessmen and they do honor their agreements. We very much look forward to a very long association," said Schaus''


http://www.chinadaily.com.cn/cndy/2008-08/07/content_6911193.htm