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Century HuaGuang Smelting stops the development of Ferro-Nickel Smelting Project

Century Peak Metals Holdings Corporation announces that its subsidiary Century HuaGuang Smelting, Incorporated CCHGSII shall discontinue the development of its Ferro-Nickle Smelting Project and other related operations located at the Leyte Industrial Development Estate (LIDE) in Isabel, Leyte. Upon request of CHGSI's investor and technology partner in China to stop the smelting plant due to financial difficulties in China, CHGSI has stopped all development work related to the Ferro-Nickle Smelting Project.
On its part, Century Peak Metals Holdings Corporation shall focus its financial resources in expanding its mining operation in Dinagat Island.
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"Century HuaGuang Smelting stops the development of Ferro-Nickel Smelting Project" was written by Mary under the Business category. It has been read 1853 times and generated 0 comments. The article was created on and updated on 26 June 2012.
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