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JCHX Mining Management Signs 278 Million Yuan Mining Construction Deal in Inner Mongolia; Shares Down 4%
JCHX Mining Management's Unit Signs $22 Million Deal to Construct Zambia's Mufulira Mine
Jchx Mining Management (603979.SH): Signed a daily operation contract worth approximately 21.5 million USD.
On March 25, Glongaohui reported that Jchx Mining Management (603979.SH) announced that its wholly-owned subsidiary Jchx Mining Management Zambia Ltd. has recently reached an agreement with Mopani Copper Mine Plc regarding the Infrastructure and support project at its Mufulira mine in Zambia, and obtained a contract signed by both parties. This contract is a unit price contract, with an estimated total price of approximately 21.5 million USD (excluding VAT), finalized based on the actual acceptance of completed work volumes and settlement amounts.
Minsheng Securities: With the imminent production cuts at smelters in the second quarter, Copper prices are expected to rise.
Due to the continued tightening of copper concentrate supply and smelters having consumed a significant amount of inventory, the tension at the mining end will soon be transmitted to the refined copper end. Additionally, with the increasing information about smelter maintenance starting in March, the possibility of production cuts at smelters is gradually rising.
Are Strong Financial Prospects The Force That Is Driving The Momentum In JCHX Mining Management Co.,Ltd.'s SHSE:603979) Stock?
We Ran A Stock Scan For Earnings Growth And JCHX Mining ManagementLtd (SHSE:603979) Passed With Ease
JCHX Mining ManagementLtd (SHSE:603979) Shareholders Have Earned a 38% CAGR Over the Last Five Years
