Tianci International Inc. (NASDAQ:CIIT) has announced the signing of a strategic agreement to acquire 5,000 dry metric tons (DMT) of chromite ore concentrate through its Hong Kong subsidiary, Roshing International Co., Limited. This purchase marks Tianci's inaugural venture into the international mineral resources market. The chromite ore concentrate, procured from a reputable supplier, boasts a chromium concentration between 46% and 50%, meeting international inspection standards. This move aligns with Tianci's broader strategy to expand its global shipping network and optimize its supply chain, enhancing its market competitiveness and influence in the shipping industry.
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