[Ferro-alloys.com] Huarong International Trust Co., LTD disclosed recently it helped Ningxia Tianyuan Manganese Industry Co., LTD (Ningxia Tianyuan) with trust finance. This round finance had been finished successfully and RMB 41.50 million (USD6.9 million) was raised. Ningxia Tianyuan was the largest EMM manufacturer of the world. It was speculated that this capital was used for Ningxia Tianyuan’s Stage-three EMM project. According to our investigation, this project was going well.

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• [Editor:Mike.zhang]