Jiaxin International Resources (03858.HK): Signs Bakuta Mining Construction Contract Worth Approximately RMB 257 Million

NewTimeSpace News: On August 24, 2026, Jiaxin International Resources (03858.HK) announced that its subsidiary ZV signed the Bakuta Mining Construction Contract with CCECC Kazakhstan Branch on August 24, 2026 for the expansion works of the No.1 tailings pond, covering tailings dam construction, anti‑seepage facilities for the pond area, tailings transportation facilities and other works. The service period is 575 calendar days commencing from the effective date of the contract or the date specified in the notice to commence works, with the scheduled completion date on 22 April 2028.

As stated in the announcement, the initial contract price is approximately RMB 257 million (tax‑included), and the final contract price shall not exceed around RMB 306 million.

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