Replies to post #104581 on KAT Exploration Inc (KATX)

[Rick-UK]

CDII Trading to Leverage Relationships with China Direct Industries Subsidiaries and Clients


Deerfield Beach, FL – July 23, 2009 - China Direct Industries, Inc. (“China Direct Industries”) (NASDAQ: CDII), a U.S. owned, rapidly growing holding company operating in China in two core business segments, pure magnesium production and distribution of basic materials, announced today that it has formed CDII Trading, Inc., a wholly owned subsidiary to engage in the global purchases and sales of industrial commodities for China Direct Industries and its subsidiaries and client companies. CDII Trading will initially focus its efforts in North and South America, Russia, parts of Africa and the European Union. CDI Trading will seek to market products from China Direct Industries and its various business units as well as market and procure products for its consulting clients. CDII Trading will also seek to leverage China Direct Industries relationships in China and abroad to opportunistically trade additional complimentary products for its end customers. The company expects to begin trading in the following product categories:

· Petrochemicals including D2 diesel fuel, JP54 jet fuel and Mazut “M100” heavy oil

· Mineral ores including copper, manganese, chrome, antimony, nickel ore and iron ore

· Fertilizers including urea and NPK

· Scrap steel including HMS1 and HMS2, used rail and pig iron

· Tungsten bars (99.98% pure)

Commenting on the launch, Dr. James Wang, Chairman and CEO of China Direct Industries, stated, “Part of our overall strategy is to vertically integrate operations and take advantage of synergies within our organization and with our clients. By creating CDII Trading and focusing our efforts on capitalizing on inquiries we have received internationally for our products as well as marketing to key areas in the EU and Americas, we will seek to capture additional sales opportunities and leverage all of our supplier and end customer relationships. We believe this can significantly enhance our sales and profits in the coming years.”