China Direct Industries, Inc., formerly China Direct, Inc., is a United States Company that manages a portfolio of Chinese entities. The Company also provides advisory services to Chinese companies. The Company operates in two business segments: Magnesium and Basic Materials. Through this ownership control, the Company provides management advice, business development services, strategic planning, macroeconomic industry analysis and financial management seeking to improve the quality and performance of each portfolio company. The Company also provide its subsidiaries with investment capital to expand their businesses. In July 2009, the Company formed CDII Trading, Inc., a wholly owned subsidiary to engage in the global purchases and sales of industrial commodities for China Direct Industries and its subsidiaries and client companies. In September 2009, the Company announced the formation of a wholly owned subsidiary, International Magnesium Group, Inc.