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Yankuang Energy Group
Chinese energy company From Wikipedia, the free encyclopedia
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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.
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History
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
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.
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References
External links
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