China Armco Updates Metals Trading Activities, With Fulfillment Of 160,000 Metric Ton Iron Ore Order

China Armco Metals, Inc.

today provided an update on its trading business. By February 17, 2012, China Armco had completed the shipment of 160,000 metric tons of iron ore. The shipment of iron purchased from Brazil with a purchase contract value of approximately $17 million has already been sold to our customers in PRC upon favorable terms, representing an auspicious start for 2012. Commenting on this order, Kexuan Yao, Chairman and CEO of China Armco, stated "Capitalizing on our more than 10 years of successful experience working with more than 150 customers in China, our ability to assist our business partners in achieving their goals and satisfying their needs is founded securely upon our distribution channels and growing reputation of excellence in service and reliability."