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

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Property, plant and equipment

		As of December 31,
		2016				2015
At cost:
Mineral rights		$	4,438,115			$	6,131,230
Buildings			61,656,398				68,510,164
Plant and machinery			184,544,140				195,295,877
Motor vehicles			8,282				8,847
Furniture, fixtures and office equipment			4,553,473				4,864,619
Construction in progress			374,790				57,596
Total			255,575,198				274,868,333
Less: accumulated depreciation and amortization			(146,844,072	)			(146,997,010	)
Net book value		$	108,731,126			$	127,871,323

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- References

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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

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