Ferro Resources Ltd. commenced business in iron and steel trading in 1996 and now focuses on production of magnetic materials. It operates three factories in China: Ferro Magnetics (Shanghai) Ltd., Ferro Magnetics (Wuhan) Ltd. and Hanson Magnetics (Wuhan) Ltd. These locations produce ferrite magnets and ferrite powder for automotive applications. Ferro will continue to expand business in China's growing materials sector.
Ferro Resources is based in Hong Kong with a registered capital of HK$600 million.
