Shougang Fushan Resources Group Limited (0639)

Overview

Shougang Fushan Resources Group Limited operates as a key player in the coal mining industry with a specific focus on the exploration and production of coking coal, primarily serving the steel manufacturing sector within the People's Republic of China. Incorporated in 1985 and based in Wan Chai, Hong Kong, the company has undergone a significant evolution in its branding and operational scope. Initially known as Fushan International Energy Group Limited, it adopted its current name in May 2011, reflecting a repositioning or expansion of its corporate identity and potentially its strategic alliances or market focus. The company manages several coal mines, including the Xingwu, Jinjiazhuang, and Zhaiyadi mines in Liulin County, Shanxi Province, illustrating its considerable presence and operational capacity within China's vital coal mining industry.

Products and Services

• Mining and Exploration of Coal Resources

  Engaging primarily in the extraction and detailed exploration of coal, Shougang Fushan Resources Group Limited focuses on identifying and exploiting coal deposits within its significant mining concessions that span over 31.58 square kilometers across several mines. This core activity lays the foundation for the company's operations, generating the primary raw materials necessary for its further processing endeavors and direct sales.

• Production and Sale of Raw and Clean Coking Coal

  Shougang Fushan Resources Group Limited specializes in the processing of extracted coal to produce both raw and clean coking coal, catering to the specific requirements of the steel manufacturing industry. The production process includes cleaning the coal to meet the industry standard, ensuring that the coking coal supplied is of high quality and adheres to environmental and operational standards demanded by clients and regulatory bodies alike. This dual-focus on raw and processed products allows the company to serve a broader segment of the market, offering versatility in its product range to meet various customer needs.