A subsidiary of Power Construction Corporation of China, Ltd (POWERCHINA) signed a construction general contract worth 5.456 billion yuan.

18:00 13/03/2026

China Energy Construction Corporation (601669.SH) announced that its subsidiary China Energy Construction Indonesia Limited and Indonesia Tatatalan Medya Sarana Limited have signed a contract for the general construction of the TMS nickel mine project in Indonesia, with a contract value of approximately 5.456 billion RMB. The project is located in North Konawe County, Southeast Sulawesi Province, Indonesia. The main work of the project includes mining, ore processing, transportation, stockpiling, and loading operations, as well as the construction of temporary facilities and maintenance of mining area roads. The project is expected to be completed in 60 months.

Power Construction Corporation of China, Ltd (POWERCHINA) has recently announced that its subsidiary companies, POWERCHINA Indonesia Limited and Indonesia Tata Ran Meida Sarana Limited, have signed a construction general contract for the TMS nickel mining project in Indonesia. The contract is valued at approximately 5.456 billion yuan. The project is located in North Konawe County, Southeast Sulawesi Province, Indonesia. The main scope of work includes stripping, mining, transportation, stockpiling, and shipping operations for the nickel mine, as well as the construction of temporary facilities and maintenance of mining area roads. The project is scheduled to be completed in 60 months.

Industrial: How do high oil prices affect US inflation and Federal Reserve actions?

EB SECURITIES: AI inflation is giving birth to a new cycle, and the price increase of optical fiber and copper-clad laminate is driving the growth of industry companies.

Microsoft Corporation (MSFT.US) Azure takes the lead and becomes the first global cloud service provider to begin validating the NVIDIA Corporation Vera Rubin NVL72 system.

Industrial: How do high oil prices affect US inflation and Federal Reserve actions?

EB SECURITIES: AI inflation is giving birth to a new cycle, and the price increase of optical fiber and copper-clad laminate is driving the growth of industry companies.

Microsoft Corporation (MSFT.US) Azure takes the lead and becomes the first global cloud service provider to begin validating the NVIDIA Corporation Vera Rubin NVL72 system.