Jiangxi Copper Signs Three-Year Supply, Sales Framework Agreement With Ordins; Shares Slip 3%

MT Newswires Live01-20

Jiangxi Copper (HKG:0358, SHA:600362) said it has entered into procurement and sales cooperation framework agreements with China Ordins covering the period from Jan. 1, 2026, to Dec. 31, 2028, according to a Monday Hong Kong bourse filing.

Hong Kong-listed shares of the firm were down nearly 3% in Tuesday morning trade.

Under the procurement framework, Ordins will supply products including offshore cathode copper, crude copper, and electrolytic nickel to the group, with total annual caps set at 7.7 billion yuan for each of the three years.

Separately, Jiangxi Copper will supply cathode copper, copper rod, aluminium ingots, nickel, zinc, tin, and certain precious and scattered metals to Ordins, with annual sales caps of 9.7 billion yuan.

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