28/09/2020

New Contract Signed between JCHX and Western Mining for Xitieshan Project

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On 1 Jun 2019, the contract for Xitieshan Lead & Zinc Mine Project – Section II was signed between JCHX and Western Mining, representing further cooperation between two sides after their first partnership since 1 Jan 2016.

The three-year contract shall last till 31 Dec 2021, with a total value of 425 million RMB.

As a leading corporate in nonferrous industry, Western Mining possesses substantial nonferrous metals assets such as cooper, lead, zinc. Through years of exploration, JCHX accumulated sufficient experience and built up unique technical and fleet advantages in providing mining services.

In the winter of 2016, JCHX immediately mobilized labor and equipment after winning the bid and commenced the works despite of all unpredictable difficulties. Output in May and June of 2016 respectively rose up by 47.09% and 47.92%, breaking records; In 2018, we successfully fulfilled production target, and in Q1 of 2019, another record was achieved for production. Meanwhile Xitieshan Project was honored as Model Unit in Safety Production by Da Qaidam Administrative Commission, Model Unit in Cultural and Ethical Progress in Xitieshan, etc.

Signing of the new contract fully indicated high recognition from the Client on our technical capability and service quality, which laid a solid foundation for a long-term relationship.

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