Mr. John Costigan reports
ELECTRA STONE SHIPS FIRST 18 TONNES OF BC JADE TO CHINA
Electra Stone Ltd. has confirmed its first shipment of British
Columbia nephrite jade to the People's Republic of China as part of the company's
strategy of providing a vertically integrated solution connecting British
Columbia jade mining directly to end
buyers in China.
Electra has shipped an initial 18 tonnes of raw nephrite jade from the Port of Tsawwassen to the
Port of Shanghai. Management of Electra will travel to Shanghai to receive the arriving jade as
part of a reception with end buyers including jade carvers, manufacturers and resellers. Shanghai
and the nearby region of Yangzhou are the largest importers of British
Columbia nephrite jade and understand
the historical and spiritual significance of nephrite jade as the "emperor's stone."
"British Columbia and China share many common interests, we are honoured to bring British
Columbia's
nephrite jade directly to the Chinese market, and Shanghai is the first of many important regional
markets for Electra. The similar geological environment in British
Columbia provides the conditions to produce
the same nephrite jade in British
Columbia as the jade that has be sought after by the people of China for
thousands of years," stated John Costigan, president and chief executive officer of Electra Stone.
We seek Safe Harbor.
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