China stainless steel mogul fights to avoid a second collapse
A debt crisis is threatening the future of one of the world’s top stainless steel producers, Jiangsu Delong Nickel Industry.
Raw Materials Group (RMG), mineral economists based in Stockholm, Sweden has concluded a co-operation agreement with Information Center of Ministry of Land and Resources (ICMLR) Beijing, China. RMG and ICMLR strengthen their long co-operation and will pursue a number of joint research projects. The agreement was signed during the China Mining 2011 in Tianjin. By combining RMG’s databases covering all mines in the world with ICMLR’s extensive knowledge of Chinese mineral deposits and exploration, a research unit without equal is created, says RMG. (more…)