A Vancouver native, Charlotte recently graduated from Simon Fraser University, where she majored in English and Humanities. During her time there, SFU’s Writing and Communications program caught her attention, and she began working towards a Certificate in Editing. After completing an editorial internship at Vancouver’s Western Living magazine in the fall of 2010, she knew that she wanted to pursue editing further.
Charlotte is excited to have joined the Investing News Network as an editorial assistant, and looks forward to gaining more knowledge about the commodities sector. She plans to complete her certificate in the spring of 2013.
CD International Enterprises Inc. (OTCQB:CDII) announced that it sold its 51 percent interest in CDI Beijing International Trading Company Ltd. for about $1.6 million. Now that the sale has gone through, the company will be able to shift its focus to its Chinese magnesium production and distribution operations.
Karnalyte Resources Inc. (TSX:KRN), a Canadian company focused on exploration and the development of potash and magnesium products, announced that on October 19 it filed its final short form base shelf prospectus with securities commissions in all of Canada’s provinces except Quebec.
Platts reported that a lack of spot market activity has left magnesium market participants unsure of where prices are headed. They are waiting on 2013 contract negotiations for direction.
Forbes reported that magnesium fuel cell technology that creates electricity by using salt water as an electrolyte is being commercialized by Tokyo-based Furukawa Battery.
Lithium Exploration Group Inc. (OTCBB:LEXG) announced a maiden resource estimate for its Vallyview lithium-potassium-boron-bromine-magnesium-calcium-sodium brine project located in Alberta.
CD International Enterprises Inc. (NASDAQ:CDII) announced that it has acquired 100 percent of Golden Trust Magnesium Industry Co., Ltd. and 80 percent of Lingshi Xinghai Magnesium Industry Co., Ltd. following a shareholder meeting on February 29.