QualityStocksNewsBreaks – CD International Enterprises, Inc. (CDII) Announces Contract to Purchase 120,000 Tons of Copper Concentrate
CD International Enterprises, Inc. (OTC: CDII), a U.S.-based company that sources industrial commodities and provides business and management corporate consulting services, this morning announced that it has entered into a purchase contract to purchase 120,000 tons of copper concentrate (30% Cu) over a 12-month period from a Chile-based company. The initial contract values approximately $260 million based on the current copper future price on the London Metal Exchange. “We are very excited to enter this purchase contract, as we continue to source mineral commodity for our Chinese clients,” Dr. James Wang, chairman and CEO of CD International, stated in the…