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China Armco Metals Secures Ongoing Supply of up to 37,000 Metric Tons
Apr. 27, 2010 12:58PM PST
Battery MetalsChina Armco Metals, Inc. (NYSE Amex: CNAM), a distributor of imported metal ore and metal recycler with a new state of the art scrap metal recycling facility in China, reported that Armet Renewable Resourced Co., Ltd. the Company’s wholly owned subsidiary, has entered into contracts with several domestic suppliers to secure an ongoing supply of scrap metal of up to 37,000 tons per month for the remainder of 2010.
China Armco Metals, Inc. (NYSE Amex: CNAM), a distributor of imported metal ore and metal recycler with a new state of the art scrap metal recycling facility in China, reported that Armet Renewable Resourced Co., Ltd. the Company’s wholly owned subsidiary, has entered into contracts with several domestic suppliers to secure an ongoing supply of scrap metal of up to 37,000 tons per month for the remainder of 2010.
The press release is quoted as saying:
China Armco Metals, Inc. is engaged in the sale and distribution of metal ore and non-ferrous metals throughout the PRC and has entered the recycling business with the recent launch of operations of a 1-million ton per year shredder and recycler of metals located on 32 acres of land acquired by China Armco.
Click here to access the entire press release