Terra Nostra Resources Corporation (OTC BB:TNRO.OB), owner of a 51 percent interest in two Chinese joint venture companies in the strategic copper and stainless steel industries, said Thursday that it predicts no shortage of supply of recycled materials for its production needs.

The Company also indicated that the demand by Asian industry for copper remains fundamentally very strong and subsequently management expects the price of copper to remain around current levels. "This would have a positive effect on our outlook for 2007," said Sun Lui James Po, CEO of Terra Nostra.

"The demand from China, as well as India, for key metals such as copper, steel, and aluminium has not lessened – in fact it has grown," Mr. Po reported, noting that production of copper and stainless steel often uses recycled materials to enable more cost-effective production of the materials. "Not only is it more cost effective, but it also reduces energy consumption and is typically more environmentally friendly," said Mr. Po. As a result, the scrap processing industry in the US alone was recently estimated to be $250 billion annually, according to a report published by the Canadian brokerage firm of Canaccord Adams.

"As the automotive industry in China continues to develop, we believe the scrap industry in China has the potential to rival – and possibly even surpass – that of the United States. This would be of great value to us in that it would provide additional ready supply of scrap materials for our production," Mr. Po said.

Terra Nostra presently has existing and under construction production capacity of 170,000 MT of electrolytic copper, using an optimized ratio of scrap copper and copper concentrate for raw materials, as well as value-added production of copper wire and oxygen-free copper rods. "With the continued rise in the value of copper, as well as strong availability of scrap materials, we believe we are positioned very favorably for the coming year," he said.
About Terra Nostra Resources Corporation

Terra Nostra is one of the leading copper producers in China through its 51% interest in Shandong Terra Nostra Jinpeng Metallurgical Co. Ltd., which has an existing and under construction production capacity of 170,000 MT of electrolytic copper, 20,000 MT of low-oxygen copper, and value-added copper rod and wire facilities. Terra Nostra is also emerging as a leading stainless steel producer in China through its 51% interest in Shandong Quanxin Stainless Steel Co. Ltd., a modern stainless steel production facility that commenced operations in early 2006 with a now expanded 230,000 MT casting mill, and a recently commissioned 150,000 MT rolling mill. The two joint venture companies, with total assets exceeding US$ 200 million and having over 800 employees, are located in the highly industrialized coastal province of Shandong, midway between Beijing and Shanghai.