JCHX announced that the company and its subsidiaries have recently signed two routine operating contracts. The underground mining contract for the Kamoa-Kakula copper mine in the Democratic Republic of the Congo is valued at approximately 119 million US dollars, with a duration of about 32 months. The shaft and tunnel infrastructure contract for the Baituyingzi tungsten polymetallic mine mining and processing project, signed with CNNC Inner Mongolia Mining Investment Co., Ltd., is valued at 170 million yuan, with a duration of 868 days. The execution of these contracts will have a positive impact on the company's performance, but there are long-term performance risks.
JCHX Mining Management Co LtdJCHX signed two mining contracts worth $119M and 170M yuan, boosting its order book and future revenue.
