en.Wedoany.com Reported - Recently, JCHX Mining Management Co., Ltd. (hereinafter referred to as JCHX) signed a 2026 annual mining operation contract with Jiangxi Copper Group Yinshan Mining Co., Ltd. (hereinafter referred to as Yinshan Mining) for the underground 8,000-ton project, with an estimated contract value of approximately 111 million yuan. This marks the second cooperation agreement reached within the year, following the signing of an underground copper system development project contract (approximately 166 million yuan) in March 2026, indicating further deepening of collaboration between the two enterprises in the mining development services sector.
Copper is a fundamental industrial material widely used in sectors such as power, transportation, new energy, and electronic information. Public data shows that China's import dependence on copper concentrate exceeds 75%. China has included copper concentrate in the exploration scope of its strategic reserve system. Jiangxi Copper Corporation is one of the major players in China's copper industry, long prioritizing the increase of mine reserves and production as a strategic focus. Yinshan Mining, a key mine under Jiangxi Copper located in Dexing City, Jiangxi Province, operates the underground 8,000-ton project, a key capacity expansion initiative promoted by the group in recent years.
The 2026 annual mining operation contract signed this time covers the entire chain of operations, including drilling, blasting, ore loading and transportation, and support and filling. JCHX has a long history of cooperation with Jiangxi Copper, having previously undertaken multiple underground development and mining operation projects for Yinshan Mining. In April 2024, the two parties signed a mining operation contract for the underground 8,000-ton project; in March 2026, they signed an underground copper system development project contract, with the construction period expected to last until 2030.
JCHX Mining Management Co., Ltd., established in 2008, is a service provider for mine engineering construction and mining operation management in China. The company has recently advanced a dual-drive strategy of "mining services + resource development." According to company announcements, in 2025, its resource development business revenue exceeded that of mining services for the first time, with the revenue share of the two business segments trending toward balance. In the mining services field, JCHX maintains long-term cooperation with major mining enterprises such as Jiangxi Copper and Zijin Mining. In terms of overseas resource layout, JCHX's Alacran copper-gold-silver project in Colombia recently received environmental impact assessment approval and will enter the construction phase, with a project investment estimate of $420 million.
The signing of this contract helps ensure the continuity of annual mining operations for Yinshan Mining's underground 8,000-ton project and also reflects the normalized cooperation model between China's mining service enterprises and copper mine enterprises.
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