Yankuang Energy Group
| Company type | Public (SEHK: 1171, SSE: 600188) |
|---|---|
| Industry | Energy, Mining |
| Founded | 1997 |
| Headquarters | , |
Area served | Worldwide |
Key people | Chairman: Li Wei |
| Products | Coal, Potash, Methanol, Electricity |
| Services | Mining, Logistics, Power Generation |
Number of employees | 77,957[1] |
| Parent | Shandong Energy Group |
| Website | www |
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
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.
Carbon footprint
Yankuang Energy reported total CO₂e emissions (Direct + Indirect) for 31 December 2020 at 9,883 kilotonnes, a 64% increase year-over-year.[4]
| Year | Emissions |
|---|---|
| 2018 | 5,605 |
| 2019 | 6,008 |
| 2020 | 9,883 |
References
- ^ "Yanzhou Coal Mining Company Limited has Changed its Name to Yankuang Energy Group Company Limited". MarketScreener. 6 December 2021. Retrieved 16 April 2025.
- ^ "Change of Company Name, Filings of Articles of Association and Change of A Share Stock Short Name" (PDF). HKEXnews. 6 December 2021. Retrieved 16 April 2025.
- ^ "Highfield Resources secures equity agreements to fund Muga potash project development". Highfield Resources. 24 September 2024. Retrieved 16 April 2025.
- ^ "Yanzhou Coal Mining Company Limited's Sustainability Report for 2020Q4" (PDF). Archived from the original (PDF) on 1 October 2021. Retrieved 16 April 2025.
External links
- Official website (in Chinese)