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Qiao Xing Universal Resources Announces Chinese Government Grant
Apr. 27, 2011 07:11PM PST
Industrial MetalsQiao Xing Universal Resources, Inc. (NASDAQ:XING,) announced that China’s government has awarded a grant to the Chifeng Aolunhua Copper-molybdenum mine.
Qiao Xing Universal Resources, Inc. (NASDAQ:XING,) announced that China’s government has awarded a grant to the Chifeng Aolunhua Copper-molybdenum mine.
The press release is quoted as saying:
As part of this initiative, CMLR will provide different sums of grants to the Initiative participants based on assessment on several criteria, including recovery efficiency in mining and ore-dressing as well as comprehensive utilization rate of mining resources.
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