Some may say that steel has built our modern world. Take a closer look and one might find that marble is a better material to stake that claim. The value that marble has carried for thousands of years is undeniable. It is not, however, the only valuable stone found in history and also not the only one where a profit can be made.
Jade Art group Inc., a development stage Chinese jade concern, is quickly working to vertically integrate a unique jade deposit found within the Peoples Republic of China. Current raw material contracts have been signed on both ends of the vertical spectrum. The first involves a 50 year contract with the mine for distribution rights to 90% of the deposit. The second involves several contracts, totaling US $11 million, for the resultant jade in various grades to artisans and commercial vendors. From a general perspective, the company plans to offer its jade through its subsidiaries to jade and wood carved products dealers within China and internationally.
In-of-themselves, the jade contracts signed might not appear to be impressive. However, if a closer look is taken, one would find that they are actually very impressive. This particular jade deposit is thought to be one of the oldest jade formations in China. Its particular characteristics make it very attractive to artisans and commercial users all over the world.
The company’s current plan is to work the entire vertical spectrum of the jade market. Around the world, and particularly in China, jade is a prized material for carving and physical structures. Within China, finding a vender for a particular grade of jade can be a very profitable venture unlike the marble quarries of Italy. With a fifty year contract in place, the company looks to be positioning itself for a good solid long term run at providing a superior material to a very stable and wealthy marketplace, beginning to end.
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