Shanxi Coking Coal Energy Group Co. Ltd. (000983)

Overview

Shanxi Coking Coal Energy Group Co., Ltd., founded in 1956 and headquartered in Taiyuan, Shanxi, is a leading entity in China's coal industry, specializing in the production and sale of coal products. Initially known as Shanxi Xishan Coal and Electricity Power Co., Ltd., the company underwent a rebranding in December 2020, adopting its current name to better reflect its expanded focus on energy. It operates as a vital subsidiary of Shanxi Coal Group Company Limited, marking its significant position within the wider industry landscape. The company's operations are predominantly based in China, where it leverages its extensive portfolio to meet the diverse needs of the metallurgy industry and power generation sector.

Products and Services

• Coking Coal: A type of coal vital for the steel-making process, used primarily in blast furnaces as it turns into coke upon heating without air.
• Fat Coal: Known for its high coking properties, fat coal is indispensable in industries where coke of specific mechanical properties is required.
• Gas Coal: This type produces a high volume of volatile components when heated, making it suitable for gasification processes and the production of synthetic gas.
• Lean Coal: Characterized by a lower carbon and higher ash content, lean coal is mostly used in power plants for electricity generation.
• Meager Lean Coal: Even lower in carbon content than lean coal, this variety is also utilized in power generation, offering a cleaner, albeit less efficient, fuel option.
• Fined Coal for Metallurgy Industry: A premium quality coal that undergoes a fine-grinding process, making it especially suited for metal smelting and processing.
• Pulverized Coal: Coal that has been crushed into a fine dust, used extensively in power plants to burn more efficiently and reduce emissions.
• Steam Coal: Also known as thermal coal, it is primarily used in the generation of power due to its high heat content and ability to generate large amounts of steam.
• Screen Mixed Coal: This product is a result of mixing different qualities of coal to achieve a blend that meets specific customer requirements, optimizing performance and cost.
• Coke Products: Shanxi Coking Coal Energy Group offers a variety of coke products, derived from the carbonization of coal and used extensively in steel production.
• Coal Fueled-Power Plants: Beyond coal production, the company also operates power plants fueled by coal, contributing to China's energy mix and supporting the country's electricity demand.