Jin Chengxin: Plans to Invest $751 Million in the Construction of the Lonshi Copper Mine East Zone Mining and Processing Project, with an Annual Copper Output of Approximately 100,000 mt After Commissioning

Publicado: Jan 20, 2025 14:51
On the evening of January 19, JCHX announced that the company plans to invest in the construction of the Lonshi (Longxi) Copper Mine East Zone Mining and Processing Project in the DRC, with a total estimated investment of $751 million. The project will be implemented by the company's wholly-owned subsidiary, Sabwe, with a planned construction period of 4.5 years. After completion, it is expected to produce approximately 100,000 mt of copper metal annually. The construction investment for the project is $604 million, with construction period interest of $77.23 million and working capital of $70.42 million. The funding sources are planned to be 30% self-financed and 70% bank loans.

Declaração sobre a Fonte de Dados: Com exceção das informações publicamente disponíveis, todos os demais dados são processados pela SMM com base em informações publicamente disponíveis, comunicação de mercado e com base no modelo de base de dados interna da SMM. São apenas para referência e não constituem recomendações para a tomada de decisão.

Para quaisquer perguntas ou para obter mais informações, entre em contato: lemonzhao@smm.cn
Para mais informações sobre como aceder aos nossos relatórios de investigação, entre em contato:service.en@smm.cn
On the evening of January 19, JCHX announced that the company plans to - Shanghai Metals Market (SMM)