28
Sep
11:02
Tanggang compensates Ann Joo over project delays
Malaysia’s Ann Joo Resources has been awarded additional payments in an extended arbitration with Tangshan Iron & Steel International Engineering and Technology. This is for delayed operation of pulverised coal injection (PCI) and a top gas recycling turbine. The dispute is a continuation of a dispute over the commissioning of a blast furnace, which Tangang Intl. Engineering also supplied, Kallanish notes.
The MYR 25.21 million ($6.09 million) payment …
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