US-based trading company CDII Trading, a wholly-owned subsidiary of China Direct Industries, Inc. (CDII) - a US-based holding company with operations in China and the US focusing on pure magnesium production, distribution of basic materials and metal ores, has announced that it plans to export iron ore from Bolivia to China in the fourth quarter of the current year.
To date, CDII Trading has signed agreements to export iron ore to China from Mexico, Chile and Bolivia. CDII Trading's total iron ore shipments to China are expected to reach 85,000 mt in Q4 2011.