CD International Enterprises, Inc., formerly China Direct Industries, Inc., sources, produces and distributes industrial products in China and the Americas. The Company also provides business and financial consulting services to public and private American and Chinese businesses. It operates in three business segments: Magnesium, Basic Materials and Consulting. It manages a portfolio of Chinese entities and also provides consulting services to Chinese businesses. On February 29, 2012, it acquired Golden Trust Magnesium Industry Co., Ltd. and Lingshi Xinghai Magnesium Industry Co., Ltd. Golden Trust owns and operates a magnesium ingot production facility located on approximately 502,000 square feet of land, and Lingshi Magnesium owns and operates a pure magnesium ingot production facility located on approximately 902,000 square feet of land both located in China. In October 2012, it sold 51% interest in Shanghai Lang Chemical Co., Ltd. and CDI Beijing International Trading Co., Ltd.