Gushan to acquire 67% interest in copper recycler

Gushan Environmental Energy Ltd., a leading producer of biodiesel in China, announced that it has entered into agreements to acquire a 67% interest in Mian Yang Jin Xin Copper Co. Ltd., which is engaged in the business of copper recycling. Jianqiu Yu, chairman and principal executive officer of Gushan, said the company’s expansion into the copper recycling business would contribute positively to its overall financial performance. (September 24, 2010)