In February 2014, NFC signed the equipment supply contract for the 2.5 million t/a iron ore concentrator and 5 million t/a crushing station project of Sangang Mine, with the contract period of 3 years. The owner invests in and controls a number of operating subsidiaries. The main fields include the steel, aluminum, copper, cement and mineral development, with a high honor and status in the Middle East region. The design capacity of the Project is 5 million t/a crushing station and 2.5 million t/a iron ore concentrator. The execution body of this contract purchases and supplies equipment in accordance with the design requirements of foreign design institutes, which is cost plus, and the comprehensive gross profit rate is higher than 10%.