The first lithium carbonate has been produced at Galaxy Resources’ Aus$100 million Jiangsu plant which is in the Yangtze River International Chemical Industrial Park, northwest of Shanghai. 
The 2011 exploration program at Minco’s Longnan Gold Project in China’s central Gansu province has expanded the resource at the Shajinba and Baimashi zones.
Carbon Friendly Solutions’ subsidiary MicroCoal International has signed a Memorandum of Understanding with Chinese iron and steel producer Hebei Iron and Steel Group (HBIS) setting out the terms for a detailed project design package to be developed for a large-scale industrial facility.
China Daye Non-Ferrous Metals will acquire four Chinese copper mines from a government entity of the Hubei province for a total price of US$900 million.
The company has issued new shares and convertible notes for the acquisition which resulted in a significant reverse takeover for China Daye. International Hong Kong legal practice Norton Rose advised the company on the transaction which involved complicated legal and regulatory processes.
