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Foreign monopoly broken

By Pan Zhongming | China Daily | Updated: 2007-06-19 06:46

CITIC Heavy Machinery Company Ltd (CITICHM) has broken the monopoly of foreign companies in supplying large-sized semi-autogenous mills and flow-type ball mills by winning a contract to build four mills for China National Gold Group Corporation (CNGGC), beating international rivals.

The two companies signed a contract valued at 210 million yuan on Saturday, in the first step toward the construction of the second-largest copper mine in China.

The two semi-autogenous mills, with a diameter of 8.8 meters and a length of 4.8 meters each, and the two flow-type ball mills, with a diameter of 6.2 meters and a length of 9.5 meters each, are the largest mills in the country.

Foreign monopoly broken

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