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seeks investor for Magnesite Mining

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seeks investor for Magnesite Mining

Post by JapOffice » Mon, 22 Aug 2005 7:49 pm

In the development of Magnesite Mining Operations, within the China. We
(Chinese-Japanese organization, China origin ) are looking for a joint venture partnership with financial assistance for Magnesite mining in
Northeastern China that have massive deposits of magnesite reserves. The expected quantity of magnesium, out of the mines is more than 16 million tonnes.

As for early investment needed the necessary financing is about 10 Million
US dollars, For that, the capital/funds will also be supplied with the help
of Chinese government .

There is a possibility that the 10% of the investment amount will be repaid
within 3-6 months later since we will get supports from international funds and organizations.

China is rich in Magnesium resources. Our currrent Project is a proven Mine that has marketable minerals, primarily, magnesium. Geophysical and geological reports maintain conclusion that, further exploration is
warranted due to the high degree of recovery potential. Most magnesium
products exported by China are primary materials, mainly magnesium ingot .We having produced and selling various magnesium alloy products, the parts and the magnesium raw materials. Some of the main product are the parts for communication equipment and the home appliance as well as materials for automobiles.

The project started in 2002, below are companies involved:

responsible company
June of 2003, YILIFENG Photoelectricity Technology CO.,LTD responsible
company (Jiangsu Eco.)
October of 2004, YILIFENG Magnesium Industrial CO.,LTD (Jilin Eco. Hakusan city)
May of 2005, YILIFENG Magnesium Industrial Communication (Japan office)

We invite genuine proposals for investment in this project, from abroad.
Private bodies with sound financial background interested for investments in Magnesite mining projects, for more information please do not hesitate to contact us.


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