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China's NFC Contracts to Construct Dairi Lead-zinc Project in Indonesia

iconApr 18, 2014 11:43
Source:SMM
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co. signed a $632 million contract with PT Dairi Prima Mineral to construct the Dairi lead-zinc project in Indonesia.

SHANGHAI, Apr. 18 (SMM) – China Nonferrous Metal Industry’s Foreign Engineering and Construction Co. (NFC) signed a $632 million contract with PT Dairi Prima Mineral (DPM) to construct the Dairi lead-zinc project in Indonesia.

NFC will set up a project contracting company in Indonesia to work on the project located in the Dairi regency in North Sumatra which entails the design and construction of a 1-million-tpy zinc-lead concentrator and associated infrastructure, NFC said in a statement filed to Shenzhen Stock Exchange today.

Construction will take 42 months after the receipt of the first installment of DPM’s advance payment, NFC said.
 

China Nonferrous Metal Industry’s Foreign Engineering and Construction Co.
NFC
PT Dairi Prima Mineral
Dairi lead zinc project

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