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Jincheng Anthracite Mining Group

Jincheng Anthracite Mining Group
Chinese: 晋煤集团; literally: "Jin Coal Group"
state-owned enterprise
Industry Energy and chemical
Predecessor Jincheng Mining Bureau
Founded
  • 1958 (as mining bureau)
  • 2000 (as limited company)
Headquarters Jincheng, China
Area served
China
Key people
He Tiancai (Chairman & Party Committee Secretary)
Products Anthracite, coal mine methane, electricity
Revenue
  • Decrease(CN¥384 million) (2014)
  • Decrease(CN¥1,033 million) (2015)
Profit
  • Decrease CN¥608.5 million (2014)
  • Decrease(CN¥966.9 million) (2015)
Total assets
  • Increase CN¥210.2 billion (2014)
  • Increase CN¥211.8 billion (2015)
Total equity
  • Increase CN¥24.4 billion (2014)
  • Decrease CN¥23.3 billion (2015)
Owner
Number of employees
142,741 (2015)
Parent SASAC of Shanxi Government
Subsidiaries JAMG International Trading (100%)
Website www.jamg.cn
Footnotes / references
in a consolidated basis (2014 figures restated)
Shanxi Jincheng Anthracite Mining Group Co., Ltd.
Simplified Chinese 山西晋城无烟煤矿业集团有限责任公司
Traditional Chinese 山西晉城無煙煤礦業集團有限責任公司
Jincheng Coal Mining Group
Simplified Chinese 晋城煤业集团
Traditional Chinese 晉城煤業集團
Literal meaning Jincheng Coal Industry Group
Second alternative Chinese name
Simplified Chinese 晋煤集团
Traditional Chinese 晉煤集團
Literal meaning Jin Coal Group

Shanxi Jincheng Anthracite Mining Group Co., Ltd. (JAMG) is a Chinese state-owned coal mining conglomerate based in Jincheng, Shanxi. It was owned by the State-owned Assets Supervision and Administration Commission (SASAC) of Shanxi Provincial People's Government (). JAMG was ranked 386th in 2016 Fortune Global 500. The company also known as Jin Coal Group (Chinese: 晋煤集团) in China, which "Jin" was the short name of both Jincheng and Shanxi Province, as both named after the ancient Jin. Jincheng was located in one of the 13 important coal mining sites of China, namely "Jin East", which fellow state-owned enterprise Yangquan Coal Industry Group and Lu'an Mining Industry Group were also located in "Jin East".

According to a publication of the National Energy Administration, JAMG had a coal mining capability of 54.55 million tons in 2015, despite the list was incomplete. (The figure also included the mines from Taiyuan Coal Gasification Group) According to the company itself, the company produced 70.4 million tons of coal in 2015.

According to the International Energy Agency, JAMG was ranked 11th in 2006 in China by sales mass. According to UNESCO, the group had one of the representative coal gasification plant in China in 2007, with an output of 100,000 tons. The group also had the world largest coal mine methane power plant of 120 MegaWatts, at the Sihe Mine (Chinese: 寺河矿). The engine of the power plant was constructed by Caterpillar and the project was partly financed by a loan from Asia Development Bank and the Prototype Carbon Fund that was managed by the World Bank.


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