In the morning of 18 Nov 2019, a signing ceremony for Underground Development of Dairi Lead-Zinc Mine Project was held in PT Dairi Prima Mineral (hereinafter DPM) in Sidikalang, Medan, Sumatra, Indonesia.
DPM Chairman Mr. Ma Jinping, JCHX President Mr. Li Zhanmin and Mr. Teguh Utomo, Chairman of PT Focon Anggun Karya (hereinafter FOCON) officially signed the contract respectively on behalf of three parties.
This contract marks the official entrance into Indonesian market by JCHX, representing a breakthrough in its business development in overseas sector.
Located in northwest part of Sumatra, DPM is 150km from Medan, the third largest city in Indonesia. The deposit mainly contains galena, sphalerite, pyrite, which has a high grade and abundant resources reserves. Dairi Project covers main decline, air intake adit, air return adit, sublevel development, and auxiliary system work. Total excavation volume achieves 200,000 cubic meters approximately and the contracting period endures 21.5 months.
In the signing ceremony, three parties extended their strong wishes to deepen cooperation and achieve great success at Dairi Project.
