Datong Coal Mining Group Explained

Datong Coal Mining Group Company Limited
大同煤矿集团公司
Foundation:1949
Location Country:People's Republic of China
Key People:Party secretary and chairman: Mr. Wu Yongping
Area Served:People's Republic of China
Industry:Coal mining
Products:Coal
Services:Coal production
Num Employees:200,000
Subsid:Datong Coal Industry Company Limited
Homepage:Datong Coal Mining Group Company Limited

The Datong Coal Mining Group is a third-largest state-owned coal mining enterprise in China, after Shenhua Group and China Coal Group.[1] It is located at Datong City, the second largest city in Shanxi Province which has the greatest coal deposits in China.

Formerly Datong Coal Mining Administration, it was established in 1949. In 2000, Datong Coal Mining Administration was reconstructed as Datong Coal Mine Group Company Limited.[2]

Its subsidiary company, Datong Coal Industry, was listed on the Shanghai Stock Exchange in 2006.[3]

In an effort to reduce overcapacity production, improve recycling of resources and achieve green development, the company began developing a circular economy approach in Datong.[4] To that end, it sought to expand its business activities into other industries in order to obtain a degree of diversification and to utilize byproducts of its coal production, such as thermal power plants.[5]

See also

Notes and References

  1. http://findarticles.com/p/articles/mi_hb5562/is_200703/ai_n22741179 DATONG COAL MINE GROUP RANKED 3RD BY SALES IN 06
  2. Web site: Datong Coal Mine Group Co., Ltd. . 2008-04-28 . https://web.archive.org/web/20080512091347/http://dcmgcl.en.china.cn/op/CorpInfo/index.htm . 2008-05-12 . dead .
  3. http://www.steelguru.com/selectednews/index/2006/006/022/archives.html Chinese Datong Coal to list in Shanghai Exchange on Friday
  4. Tian. Huifang. 2016. The Datong Coal Mine Group Ltd and Its Tashan Circular Economy Park: A Business Case. ERIA Research Project Report 2014-44.
  5. Web site: Shanxi digs deep to eradicate coal overcapacity. April 1, 2016. China Daily USA.