Yangquan Coal Industry Group
Yangquan Coal Industry Group [Photo/ymjt.com.cn]
Established in January 1950, Yangquan Coal Industry Group (阳煤集团) is one of the five largest coal groups in Shanxi province and a comprehensive company with business spanning coal, coal chemicals, equipment manufacturing, real estate, finance and modern services.
Yangquan Coal Industry Group has 48 collieries in major cities in Shanxi province and Xinjiang Uygur autonomous region, with coal reserves of 20 billion metric tons and coal production capacity of 100 million tons.
In the coal chemicals sector, the company has 27 subsidiaries and branches with total assets of 98.7 billion yuan ($14.4 billion) with production capacity reaching 15.8 million tons, ranking the third in China for industrial scale.
The company is also one of three major aluminum industrial bases in Shanxi with production capacity for bauxite, alumina, electrolytic aluminum and aluminum plate reaching 2.2 million tons, 1.1 million tons, 230,000 tons and 230,000 tons.
It also has an efficient domestic sales network, with products going mainly to large steel mills, power plants, and building materials and fertilizer companies, with some products exported to foreign countries.