Tibet Mineral Development Co., Ltd. is engaged in the exploration and collection of ferrous metal mine. The Company is involved in the exploration and sale of chromite, the processing and sale of ferrochrome and the exploration of copper, lithium and boron. The Company鈥檚 main products include chromite chromium iron, copper, chromic salt and lithium salt, among others. The Company operates its business in domestic markets. As of December 31, 2010, the Company had four subsidiaries.