Prosperity Minerals Holding reports that associate company, Anhui Chaodong Cement’s second 2Mta has been commissioned and commenced commercial production in January 2011.
Prosperity International said it has been informed by its 51.64 per cent-owned subsidiary Prosperity Minerals Holdings Limited (PMHL) that Anhui Chaodong Cement Co., Lt. (ACC), a 33.06 per cent-owned associate company of PMHL, has been awarded the "The Excellent Foreign Investment Enterprise of 2010" by China Association of Enterprises with Foreign Investment in January 2011.
This award was made in recognition of ACC’s outstanding business performance and its excellent management.
ACC’s second 2Mta clinker line has been commissioned and commenced commercial production in January 2011. ACC’s designed capacity is now 4.8Mta of cement.