Yanzhou Coal Mining Company Limited
Corporate Profile
Yanzhou Coal Mining Company is China's most profitable domestic coal producer and largest coal exporter. The company mines prime-quality, low-sulfur coal from its underground mines in the eastern province of Shandong, and it sells about 70% of its output to fuel Chinese electric power plants and steel mills. The remaining coal products are exported, primarily to Japanese power companies and steel producers. Despite sluggish economies and decreased coal demand, Yanzhou Coal Mining Company has continued to acquire new mines, upgrade equipment, and increase output, resulting in improved efficiency and higher profits than those of its domestic competitors.
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