China Kingstone teams up with Dayacayo in marble mine

China Kingstone Mining Holdings Limited, the largest marble producer in China, has forged cooperation with mining company PT Dayacayo Asritama as its global partner in marble mine investment, marble mining and marketing.

Under the agreement, which was signed on November 11, 2011 and will be valid for three years, the Chinese firm will inject capital into Dayacayo to help it enhance marble volume and quality and marketing capability, branding strategies and pricing advantages in the end-market.

It will source marbles from Dayacayo at agreed prices.

?We have strived to explore potential markets. Through our strategic partnership with Indonesia?s Dayacayo, we will obtain global exclusive rights for selling 21 types of premium, well-known and precious marbles owned by Dayacayo,? said Chen Tao, CEO of China Kingstone.

?This will not only expand our sales channels and strengthen our marketing strategies, but also increase our competitiveness.? (romel)