December 22 -- China Nonferrous Metal Industry’s Foreign Engineering and Construction （NFC） （000758） won a 4.88 billion yuan EPC （engineering, procurement, construction） contract from Iranian company Alphaco, reports China Securities Journal.
According to the contract, NFC will construct the first phase of an electrolytic aluminum plant, with annual production capacity of 155,000 tons.
According to the company’s semi-annual report, the gross margin of its engineering contracts is 8.21 percent.
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