CRCC-Tongguan's investment project in Ecuador gets approval

Beijing, April 26 (Antaike)-CRCC-Tongguan Investment Co., Ltd.(CRCC-Tongguan)’s investment in Mirador copper project in Ecuador was formally approved by the Chinese Ministry of Commerce in March 2013, with investment budget of 1.72 bln yuan.

Mirador will have an ore-processing capacity of 60,000 tonnes per day by the end of 2016 and produce about 354,000 tonnes of copper concentrate annually.

CRCC-Tongguan is jointly established by Tongling Nonferrous Metals Group and China Railway Construction Corporation Limited (CRCC).

CRCC is one of the world's most powerful and largest integrated construction group. Its business covers project contracting, survey design consultation, industrial manufacturing, real estate development, logistics, trade of goods and materials as well as capital operations.