SOURCE: China Armco Metals, Inc.

November 19, 2010 09:51 ET

China Armco Metals Retains HC International as Investor Relations Advisor

SAN MATEO, CA--(Marketwire - November 19, 2010) - China Armco Metals, Inc. (NYSE Amex: CNAM), a metal ore distributor and metal recycler with a new state of the art scrap recycling facility in China, today announced it has retained HC International, Inc. ("HC International") as its strategic investor relations advisor. HC International will assist China Armco with articulating its value proposition to investors, while broadening its presence in the financial markets. Matthew Hayden, Ted Haberfield, and the rest of the HC International team will be advising the Company in all facets of corporate and financial communications.

"As a rapidly growing US-listed company, we have selected HC International to provide us with a comprehensive investor relations and corporate communications strategy," said Mr. Kexuan Yao, CEO and Chairman of China Armco. "We look forward to HC International's assistance in conveying our business model, growth strategy, competitive advantages, and value proposition to shareholders and the investment community at large."

"China Armco's business model is well structured to significantly benefit from sustained growth in the largest metal markets in China," said Matthew Hayden, President of HC International, Inc. "The Company's shredder, which can process up to 800,000 tons of metal scrap per year, provides an excellent growth opportunity. China consumes over 500 million tons of steel annually and only 100 million tons of scrap steel are utilized per year with an approximate 40 million ton shortfall. The use of scrap to produce steel reduces overall energy costs by 74% and overall pollution output by 86% when compared to the traditional process using iron ore. Recycling, which has become ubiquitous in the US and Europe, is still in its infancy in China. We are pleased to be involved with a Company which is positively impacting China's environment while assisting management in its goal of further increasing shareholder value."

About China Armco Metals, Inc.

China Armco Metals, Inc. is engaged in the sale and distribution of metal ore and non-ferrous metals throughout the PRC and has entered the recycling business with the recent launch of operations of a 1-million ton per year shredder and recycler of metals located on 32 acres of land. China Armco maintains customers throughout China which includes the fastest growing steel producing mills and foundries in the PRC. Raw materials are supplied from global suppliers in India, Hong Kong, Nigeria, Brazil, Turkey, and the Philippines. China Armco's product lines include ferrous and non-ferrous ore, iron ore, chrome ore, nickel ore, magnesium, copper ore, manganese ore and steel billet. The recycling facility is expected to be capable of recycling one million metric tons of scrap metal per year which will position China Armco as one of the 10 largest recyclers of scrap metal in China. China Armco estimates the recycled metal market in China as 70 million metric tons. For more information about China Armco, please visit

Safe Harbor Statement

In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, China Armco Metals, Inc., is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations regarding our revenues, net income, earnings and production related to our scrap metal recycling operations and the extent of government imposed blackouts and the impact on our recycling operations. In addition, any such statements are qualified in their entirety by reference to, and are accompanied by, the following key factors that have a direct bearing on our results of operations:

We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by our partner's ability to complete its obligations to source various minerals and ores within acceptable specifications, demand and fluctuations in the prices of those minerals and ores, our ability to resell any sourced minerals and ores at current market prices and on favorable terms, our ability to finance the purchase price of any minerals and ores, and the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2009.

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