- City Other China
- Country China
- World RegionAsia & Pacific
Not Relocatable
Real Estate Included
Our firm represents the third largest zinc smelter in China. This company is vertically integrated (for example, it owns its own zinc/lead and iron ore mines). The firm derives 55% of its revenues from a steel trading and logistics operations. It trades 2 million mt of steel products, and produces 1 million tons from its own steel mill.
The China Economic Stimulus program of over $USD 600 billion is working. Our client is well positioned in western China provinces where the stimulus funds are being spend for infrastructure development. Economic growth in China has "slowed" to 8-9% in 2009.
Our client is privately owned. It is unusual for a company of this size to have no state ownership. The company will be an IPO candidate within the next 24 months.
This is a private placement for $USD 150 million minimum. A substantial minority interest is being marketed.
Disclaimer: MergerNetwork.com has not independently verified any of the information in this listing and makes no warrany as to its accuracy or completeness.
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