DEERFIELD BEACH, FL - January 23, 2012 (InvestorIdeas.com Newswire) - China Direct Industries, Inc. (the "Company") ( NASDAQ:CDII), a U.S. based company that produces, sources, and distributes industrial commodities in China and the Americas and provides cross border corporate advisory services announced today that the Company's board of directors has approved a change of the Company's name to CD International Enterprises, Inc., subject to approval of its shareholders at the Company's special shareholder meeting which is expected to take place in February 2012. There is no change planned to the Company's NASDAQ trading symbol which will remain CDII.