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5. PROPERTY, PLANT AND EQUIPMENT, NET (Tables)

9 Months Ended

Sep. 30, 2013

Property, Plant and Equipment [Abstract]

Property, plant and equipment

		September 30, 2013				December 31, 2012
At cost:
Mineral rights		$	6,475,614			$	6,334,277
Buildings			51,782,238				50,905,337
Plant and machinery			169,451,661				166,121,329
Motor vehicles			9,344				9,140
Furniture, fixtures and office equipment			4,861,677				4,777,044
Construction in progress			308,622				-
Total			232,889,156				228,147,127
Less: Accumulated depreciation and amortization			(83,770,622	)			(62,204,585	)
Net book value		$	149,118,534			$	165,942,542

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 13

-Subparagraph b

-Article 5

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