CNAM $8 mill contract news ... China Armco Metals Finalizes Contract to Supply Iron Ore Valued Approximately $8 Million in the Third Quarter of 2009
SAN MATEO, CA, Sept. 9 /PRNewswire-FirstCall/ - China Armco Metals, Inc. (OTC.BB:CNAM - News), a distributor of imported metal ore with plans to launch a new state of the art scrap metal recycling facility in China, today announced that Armco Metawise, Ltd. the Company's wholly owned subsidiary, has completed delivery of iron ore to a China based steel company pursuant to a contract that will generate sales of approximately $8 million in the third quarter of 2009.
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