Terra Nostra Resources Corporation (TNRO.OB) reports the successful production and shipment of 304 grade stainless steel billets by Shandong Quanxin Stainless Steel Co., Ltd., its stainless steel joint venture operation in China, towards a recently announced $30 million dollar contract.
Mr. Sun Liu James Po, Chief Executive Officer, stated, “Our ability to deliver a product of international standards, to a world class customer, is an important validation of the extensive testing and trial production performed at our stainless steel casting facility.
Furthermore, the anticipated revenue from this contract represents an anticipated 3x increase in total revenues for the stainless steel operations alone in the forthcoming fiscal year, making a significant contribution to our revenue goals.”
Please share your thoughts:Terra Nostra Resources Corporation Message Board