Tsingshan is creating hundreds of millions of dollars of profit...

Tsingshan is creating hundreds of millions of dollars of profit for NIC shareholders by:
1) Allowing NIC into their industrial park and stainless steel supply chain
2) Procuring and building the RKEF plants using their technology
3) Underwriting the construction costs
4) Providing all the raw materials to feed the lines, at a price that puts NIC at the lower end of the cost curve
5) Committing to buy all the product NIC can squeeze out of those RKEF lines.


Without Tsingshan, NIC as we know it would not exist, and neither would the hundreds of millions of profits for NIC shareholders.