| Market Capitalization (Millions $) |
4 |
| Shares
Outstanding (Millions) |
16 |
| Employees |
25 |
| Revenues (TTM) (Millions $) |
- |
| Net Income (TTM) (Millions $) |
0 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Adamant Dri Processing And Minerals Group
The demand for iron and steel products in China increased rapidly for a period
of years before the recent slowdown in the Chinese economy. We believe demand
for high quality iron ore concentrate will resume growing domestically and globally,
and intend to seek to profit from this growth by participating in various aspects
of the production of iron suitable for steelmaking, including, as suitable opportunities
arise, through the acquisition of mines or mining rights, and the acquisition
of iron processing facilities.
To date, we have constructed two facilities. Our first facility is an iron ore
processing facility in Zhuolu County, Zhangjiakou City, Hebei Province, China.
For a variety of reasons described below, this facility has not been able to operate
continuously and we have upgraded this facility to improve the grade of iron concentrate
it will produce and to add the capacity to produce Direct Reduced Iron (DRI).
Our second facility is a DRI production facility in Haixing County, Hebei Province.
Company Address: 4 S 9th Street Columbia 65201 MO
Company Phone Number: 818-4750 Stock Exchange / Ticker: ADMG
| ADMG is expected to report next financial results on November 13, 2023. |
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