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China State Construction Engineering Corporation: Subsidiary Signs Approximately RMB 5.456 Billion General Contracting Agreement for Indonesia TMS Nickel Mining Project Construction
China Electric Power Construction (601669) announced on March 13 that recently, its subsidiary China Electric Power Construction Indonesia and Indonesia’s Tata Lan Mediasa Larna signed a comprehensive construction contract for the TMS nickel mine extraction project in Indonesia, with a contract value of approximately 5.456 billion RMB. The main scope of work includes open-pit mining, ore processing, transportation, stockpiling, and shipping operations, as well as the construction of temporary facilities and maintenance of mine area roads. The contract duration is 60 months.