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RELATED PARTY TRANSACTIONS (Details) (USD $) | 3 Months Ended | 9 Months Ended |  | 3 Months Ended | 9 Months Ended |  |  |  |
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Sep. 30, 2012 | Sep. 30, 2011 | Sep. 30, 2012 | Sep. 30, 2011 | Dec. 31, 2011 | Sep. 30, 2012 Erdos Metallurgy Co. [Member] | Sep. 30, 2011 Erdos Metallurgy Co. [Member] | Sep. 30, 2012 Erdos Metallurgy Co. [Member] | Sep. 30, 2011 Erdos Metallurgy Co. [Member] | Dec. 31, 2011 Erdos Metallurgy Co. [Member] | Sep. 30, 2012 Management [Member] | Dec. 31, 2011 Management [Member] | Sep. 27, 2011 Sino Way Limited [Member]
Related Party Transaction [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Advance from related parties |  |  |  |  | $ 2,981,977 | $ 477,645 |  | $ 477,645 |  | $ 2,941,043 | $ 40,903 | $ 40,934 |
Sales income for non-controlling interest |  | 18,583,238 |  | 29,927,036 |  | 280,000 | 200,000 | 660,000 | 11,660,000 |  |  |  |
Interest income for non-controlling interest |  |  |  |  |  | $ 1,840,000 | $ 1,840,000 | $ 5,530,000 | $ 5,090,000 |  |  |  |
Common Stock directly owned by Sino Way Limited |  |  |  |  |  |  |  |  |  |  |  |  | 100,000

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