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 has a total price of approximately 119 million US dollars, excluding VAT, with a construction period of about 32 months. The shaft and roadway infrastructure contract for the Baituyingzi tungsten polymetallic mine mining and processing project of CNNC Inner Mongolia Mining Investment Company Limited is valued at 170 million yuan, with a construction period of 868 days. The performance 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 totaling ~$1.19B and ¥170M, boosting its order book and future revenue.
