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CNCEC inks a $440m nickel contract in Turkey

By Jiang Wei (chinadaily.com.cn)
Updated: 2009-01-13 14:40

Tianchen, a subsidiary of China National Chemical Engineering Co (CNCEC), has signed a $440 million Design-Build contract with the UK-based European Nickel PLC on a nickel project in Turkey.

The project will yield 20,000 tons of nickel products per year, according to a statement from the State-owned Assets Supervision and Administration Commission under the State Council.

When completed, half of the nickel products will be imported to China, the statement said.