SOURCE: Stock Market Alerts

September 08, 2009 08:33 ET

Breaking Market News: China Direct Industries -- September 8, 2009

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts LLC.

MIAMI, FL--(Marketwire - September 8, 2009) - Stock Market Alert's performance stock list includes: China Direct Industries, Inc. (NASDAQ: CDII), Newmont Mining Corporation (NYSE: NEM), Alcoa (NYSE: AA) and GOLDCORP INC. (NYSE: GG).

Breaking News: China Direct Industries (NASDAQ: CDII) begins branding efforts for its magnesium segment as International Magnesium Group. The company, a U.S. owned, rapidly growing holding company operating in China in two core business segments, pure magnesium production and distribution of basic materials, issued a press release this morning announcing that it has begun its efforts to brand its magnesium operations as the International Magnesium Group.

In the second quarter of 2009 the company formed International Magnesium Group, Inc. ("IMG"), a Florida Corporation, as a wholly owned subsidiary of China Direct Industries to be used to consolidate its magnesium holdings under one corporate entity and to create an identifiable brand name to unify marketing efforts for these operations. Additionally the IMG website has been launched as part of this branding effort at www.magnesiumgroup.com.

China Direct Industries intends to eventually consolidate its ownership interests of Chang Magnesium, Golden Magnesium, Pan Asia Magnesium, and Baotou Magnesium under IMG. The formation of this wholly owned subsidiary will allow China Direct Industries to position itself as a leading global supplier of pure magnesium as it seeks opportunistic acquisitions in this industry.

Commenting on this strategy, Dr. James Wang, Chairman and CEO of China Direct Industries, stated, "We are taking this initiative to create an awareness in our industry that together, the International Magnesium Group family of companies are part of one of the leading most trusted brands to source magnesium products. The further consolidation of the operations under IMG will enable China Direct Industries to effectively expand its magnesium market share globally and set the stage for us to capture additional opportunities including the potential monetization of this segment of our business."

The stock closed yesterday at a $1.57 a share.

For an in-depth profile of China Direct Industries, visit http://wallstreetenews.com/view-company-profiles.php?profile=CDII_072909

Newmont Mining Corporation (NYSE: NEM) up 1% on 7.9 million shares traded. Newmont Mining Corporation is one of the leading mining company's in the U.S.

Alcoa (NYSE: AA) up 1.4% on 17.7 million shares traded. Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry.

GOLDCORP INC. (NYSE: GG) up 0.6% on 10 million shares traded. Goldcorp is North America's lowest-cost and fastest growing senior gold producer. Its gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.

This advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company also maintains a contractual, working relationship with Wall Street Capital Funding LLC. and its Wall Street News Alert brand. For current services performed for China Direct Industries, Inc. (NASDAQ: CDII), Sunwin International Neutraceuticals, Inc., Dragon Capital Group Corp, China America Holdings, China Armco Metals, Inc. and Dragon International Group Corp., the company has been compensated a total of Three Hundred Thousand Dollars (Two Hundred and Fifty Thousand dollars for current services and Fifty Thousand dollars for previous services) by China Direct Investments Inc., a Florida corporation, and a wholly owned subsidiary of China Direct. The company does not hold any shares of the stock. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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