FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “ ReTo Eco-Solutions, Inc. Stock Rises Upon Announcement of New Hainan Project”
ReTo Eco-Solutions, Inc. (NASDAQ: RETO) surged over 18% in premarket trading after the company announced a new iron tailings project in the Hainan Province.
ReTo will design, build and manage a facility in the Hainan Province and this latest project will be responsible for the largest volume of iron tailings in Hainan, with a three-million-ton treatment capacity, which is expected to yield approximately 43.7 million dollars in annual sales after reaching production.
Founded in 1999, ReTo (NASDAQ: RETO), through its proprietary technologies, systems and solutions, is striving to bring clean water and fertile soil to communities worldwide. The Company offers a full range of products and services, ranging from the production of environmentally-friendly construction materials, environmental protection equipment, and manufacturing equipment used to produce environmentally-friendly construction materials, to project consulting, design, and installation for the improvement of ecological environments, such as ecological soil restoration through solid waste treatment.
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