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Natural Resources and Commodities

Potassium fertilizer maker builds magnesium plant
By STAFF EDITOR
Published: July 30, 2008 06:15 PM
Qinghai Salt Lake Industry Group (QSLI) (000578.SZ) said Tuesday it will spend US$439.47 million (RMB3 billion) building a 100,000 ton magnesium plant, China Business News reported. The plant is expected to earn the company US$117.19 million (RMB800 million) in profits on RMB3 billion in revenues ...
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