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Recently, Jiangxi NaiPu Mining Machinery Co., Ltd. (hereinafter referred to as "NaiPu Mining Machinery") announced exciting news: the company has successfully signed Standard Supply Contracts for two mining projects with a mining company under the Republic of Kazakhstan, with a total contract value of $18.8525 million (approximately RMB 135.1723 million). This signing marks another significant milestone in NaiPu Mining Machinery’s overseas market expansion and injects strong momentum into the company’s future development.
The contract with the Kazakh mining company is the second major agreement NaiPu Mining Machinery has signed with this client in 2025. In February 2025, the company had already secured a five-year Spare Parts Supply Contract with the same customer, valued at $22.6576 million. The cumulative value of the two contracts now stands at $41.5101 million (approximately RMB 297.6523 million), fully demonstrating NaiPu Mining Machinery’s competitiveness and influence in the international market.
The Standard Supply Contract covers the provision of mineral processing spare parts, including rubber-lined steel pipes, trommel screens, trommel screen liners, and screen panels. The contract stipulates that the customer will place orders in batches based on actual demand, with payment due within 30 days after delivery. Leveraging its extensive industry experience and superior product quality, NaiPu Mining Machinery is confident in meeting the customer’s diverse needs and ensuring smooth contract execution.
The customer is a fast-growing copper company with core businesses spanning large-scale open-pit copper mining, mineral processing, and smelting, covering the entire copper industry chain. As one of Kazakhstan’s largest copper producers and a top-ten global mining group, it produced over 400,000 tons of copper in 2023 and 191,000 tons in the first half of 2024, making it a global copper industry leader with strong financial capabilities. This ensures minimal performance risk for the contract.
The signing of this major contract is expected to positively impact NaiPu Mining Machinery’s operational performance this year and over the next four years. It not only helps the company further expand its overseas market and achieve its strategic development goals but also highlights the technological advantages of its mineral processing equipment and spare parts in the global market. This enhances brand recognition and lays a solid foundation for sustained growth.
Moving forward, NaiPu Mining Machinery will continue to uphold its business philosophy of “Industry Leadership, Quality First.” The company will further improve its products and services, strengthen technological innovation and R&D, expand its presence in domestic and international markets, and forge closer partnerships with global mining clients to jointly drive the prosperity of the mining industry.
Let us wait and see as NaiPu Mining Machinery writes more brilliant chapters on the international stage!