Ministry of Commerce

The 19th Railway Construction Bureau under the CRCC (China Railway Construction Corporation) and NFC (China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd.) signed an agreement regarding development of a bauxite mine and infrastructure project with ERG (Eurasian Resources Group) for its bauxite project in Guinea. The contract period is for 12 years (including a 2-yr infrastructure construction period) and the total contract value is USD1.94 bln (RMB13.6 bln).


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