Kailuan Energy Chemical
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Kailuan Energy Chemical
The Kailuan (Group) Co., Ltd. () is a major Chinese coal mining company. Chinese Engineering and Mining Company was its predecessor. In 2009, Kailuan Group planned to build a coal reserve base on the northeast coast to store 50 million tonnes of the fossil fuel. As one of the world's largest coal consumer and producer, it has set up four to six coal reserve bases, each with a storage capacity of more than 20 million tonnes, in eastern Shandong province to help cope with future supply shocks. The base planned by Kailuan would be located in the Caofeidian area of Hebei province and would cost an estimated 2 billion yuan ($294 million). No timeframe has been provided. The state-run coal mining group is the parent of Kailuan Energy Chemical (). In 2012, Kailuan Group announced to take 30% stake in a joint venture steel project Jingtang United Iron & Steel from Tanggang. However, the deal collapsed. See also *Coal power in China China is the largest producer and consumer of ...
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Coal Mining
Coal mining is the process of extracting coal from the ground. Coal is valued for its energy content and since the 1880s has been widely used to generate electricity. Steel and cement industries use coal as a fuel for extraction of iron from iron ore and for cement production. In the United Kingdom and South Africa, a coal mine and its structures are a colliery, a coal mine is called a 'pit', and the above-ground structures are a 'pit head'. In Australia, "colliery" generally refers to an underground coal mine. Coal mining has had many developments in recent years, from the early days of men tunneling, digging and manually extracting the coal on carts to large open-cut and longwall mines. Mining at this scale requires the use of draglines, trucks, conveyors, hydraulic jacks and shearers. The coal mining industry has a long history of significant negative environmental impacts on local ecosystems, health impacts on local communities and workers, and contributes heavily to th ...
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