New reto project to conduct annual iron ore tailings treatment with capacity of three million tons and anticipated sales of approximately rmb 280 million

Beijing, june 23, 2021 /prnewswire/ -- reto eco-solutions, inc. (nasdaq: reto) ("reto" or the "company"), a provider of technology solutions for the improvement of ecological environments, today announced a new iron tailings project (the "project") in the hainan province with a three-million-ton treatment capacity, which is expectedto yield approximately rmb 280 million (approximately us$43.7 million) annual sales after reaching production. . reto will design, build and manage a facility in the hainan province and this latest project will be responsible for the largest volume of iron tailings in hainan.
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