TTCM China Granted Right to Work Rare Vanadium Mine with Reserves Estimated at $14-Billion; First Year Operations Could Yield $7-Million, Including $5-Million in Profits!

MOUNTAIN VIEW, Calif. -- TTCM China, Inc. (PINK SHEETS: TTCH) has been granted exclusive rights to mine ductile $100-an-ounce vanadium from a deposit worth an estimated $14-billion, according to Jiqun Wang, Chairman and President.

Government approval of its application enables TTCM China - recognized worldwide for the superiority of its patented glass-reinforced plastic pipes - to diversify its operations and enter the high-end mineral resources business.

First year operations mining and processing the rare metal, vanadium, are expected to yield $7-million in revenue, including $5-Million in profits, Wang said. While commercial vanadium of 95% purity brings $20 a pound on the international market, the metal goes for $100 an ounce when it is 99.9% pure.

The high profit margin is attributed to the fact that the vanadium mine is very shallow, and permits low cost surface mining. TTCM has an option to purchase the mine at a fraction of its worth, Wang said.

Versatile vanadium metal is an essential element in modern manufacturing. Its structural strength and neutron cross section properties make it useful in nuclear applications. It is also used to produce rust-resistant springs and steels for tool-making.

About 80% of vanadium today is produced as ferrovanadium or as a steel additive, and vanadium foil is employed as a bonding agent in binding titanium to steel. Vanadium pentoxide is used in ceramics and as a chemical catalyst, while vanadium compounds are used for dyeing and printing fabrics. A vanadium-gallium mixture is used in producing superconductive magnets.

About TTCM CHINA

Founded in 1995, TTCM's core business is the production, processing and sales of glass- reinforced plastic pipes wrapped with sand inclusion and glass-reinforced plastic products. Its primary products include various types of regular and high-pressure pipes, fittings, round containers, cooling towers, and fans. The Company is also engaged in the development and production of new high polymer synthetic material.

Safe Harbor Forward-Looking Statements

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.