Jchx Mining Management (603979.SH) subsidiary signs $115 million mining contract.
Jin Chengen (603979.SH) announced that its subsidiary, Jin Chengen Mining Construction Zambia Co., Ltd., has recently obtained the mining contract for the Main West of the Chienji Copper Mine from the Central African Mining and Exploration Company, signed and stamped by both parties, for the years 2026-2027. The contract is a unit price contract, and the estimated contract amount based on the anticipated workload is approximately 115 million USD.
Jchx Mining Management (603979.SH) announced that its subsidiary, Jchx Mining Management Mining Construction Zambia Co., Ltd., has recently obtained the mining contract for the Xambishi Copper Mine from Non-Ferrous Africa Mining Co., Ltd. for the 2026-2027 fiscal year, signed and sealed by both parties. The contract is a unit price contract, with an estimated contract amount of approximately $115 million based on the anticipated workload.
This contract is part of the company's routine operations, and its fulfillment will have a certain impact on the company's performance, favorable for promoting future business development.
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