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

9 Months Ended

Sep. 30, 2018

Property, Plant and Equipment [Abstract]

Property, plant and equipment

		September 30, 2018				December 31, 2017
At cost:
Mineral rights		$	4,475,677				4,711,822
Buildings			60,728,604				67,748,512
Plant and machinery			147,580,728				200,742,652
Motor vehicles			6,216				8,792
Furniture, fixtures and office equipment			3,281,560				4,150,588
Construction in process			1,306,671				183,036
Total			217,379,456				277,545,402
Less: Accumulated depreciation and amortization			(131,560,339	)			(163,597,407	)
Impairment			(18,951,023	)			(18,833,491	)
Net book value		$	66,868,094			$	95,114,504

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- References

No definition available.

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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://fasb.org/us-gaap/role/ref/legacyRef
-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 2: http://fasb.org/us-gaap/role/ref/legacyRef
-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

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