Qiao Xing Universal inks agreement with Chifeng Xingu Mining

Steel Guru.com reports that Qiao Xing Universal Resources has signed  a deal with Chifeng Xingu Mining Co Ltd.

The story is quoted as saying:

According to the Independent Technical Review issued by John T Boyd Company, one of the largest independent consulting firms in the world serving the mining, financial, utility and related industries, the Xinyuan Lead zinc copper Mine is verified to have ore reserves of 9,749,000 tons, which primarily contains 1.44% lead, 2.64% zinc and 0.59% copper.

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