Yankuang Energy Group

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Yankuang Energy Group Company Limited
兖矿能源集团股份有限公司
Company typePublic (SEHK: 1171, SSE: 600188)
IndustryEnergy, Mining
Founded1997; 29 years ago (1997)
Headquarters
Zoucheng, Jining, Shandong
,
People's Republic of China
Area served
Worldwide
Key people
Chairman: Li Wei
ProductsCoal, Potash, Methanol, Electricity
ServicesMining, Logistics, Power Generation
Number of employees
77,957[1]
ParentShandong Energy Group
Websitewww.yanzhoucoal.com.cn

Yankuang Energy Group Company Limited (simplified Chinese: 兖矿能源集团股份有限公司; traditional Chinese: 兗礦能源集團股份有限公司), formerly known as Yanzhou Coal Mining Company Limited (simplified Chinese: 兖州煤业股份有限公司; traditional Chinese: 兗州煤業股份有限公司), is a Chinese energy company engaged in coal and potash mining, chemical production, power generation, and logistics. It is majority-owned by Shandong Energy Group.

History

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The company was established in 1997 as Yanzhou Coal Mining Company Limited. In December 2021, it changed its name to Yankuang Energy Group Company Limited to reflect a broader energy portfolio beyond coal.[2]

Operations

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Yankuang Energy operates in several sectors:

  • Coal mining: Engaged in underground and open-cut mining, preparation, and sale of coal.
  • Potash mining: In 2024, the company invested in Highfield Resources to develop the Muga potash project in Spain and acquired the Southey potash project in Canada through its subsidiary Yancoal Canada Resources.[3]
  • Chemical production: Produces methanol, ethylene glycol, acetic acid, and other chemical products.
  • Power generation: Provides electricity and heat supply services.
  • Logistics: Offers railway transportation services.

References

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