According to the announcement from China Aluminum International Engineering Corporation Ltd. (Chalieco), its joint venture with PT PP (Persero) Tbk won the bid of a metallurgical grade alumina project with an annual production capacity of 1 million tons, with a total contract value of RMB 5.264 billion roughly.
If the project was implemented smoothly, Chalieco will benefit greatly on its company scale expansion plan and its future annual sales performance.
However, the specific amount which affected the firm’s financial indicators was currently unknown.
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