July 28, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Lihua International, Inc. (NASDAQ: LIWA), a Chinese developer of copper products, said that it has begun production of refined copper products on its second smelter, located in the company's existing copper recycling facility in Danyang, China.

The launch of the new smelter, with annual production capacity of 25,000-tons, doubles Lihua's annual refined copper production capacity to 50,000 tons.

Lihua also said it has expanded its product portfolio with the addition of copper anode products, which are used as raw materials in a range of consumer and industrial applications, including copper rod.

The new smelter will initially be used for the production of the new copper anode products, with the flexibility to produce other refined copper products, as needed, including copper rod.

Lihua said it plans to begin construction on a new copper recycling facility during the fourth quarter of 2010, which is scheduled to launch in late 2011 and is expected to increase recycled copper production capacity to 100,000 tons per year.

China-based Lihua, through its two wholly-owned subsidiaries, Lihua Electron and Lihua Copper, is a manufacturer of copper replacement products for China's copper wire and copper replacement product market.

Lihua's products include CCA and pure copper products including copper wire, copper rod and copper anode, which are produced from recycled scrap copper. Lihua's products are sold in China either directly to manufacturers or through distributors in the wire and cable industries and manufacturers in the consumer electronics, white goods, automotive, utility, telecommunications and specialty cable industries.

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