Huainan Coal Mining Group () is a coal mining company based in

Huainan Huainan () is a prefecture-level city with 3,033,528 inhabitants as of the 2020 census in north-central Anhui province, China. It is named for the Han-era Principality of Huainan. It borders the provincial capital of Hefei to the south, Lu'a ...

Anhui Anhui , (; formerly romanized as Anhwei) is a landlocked province of the People's Republic of China, part of the East China region. Its provincial capital and largest city is Hefei. The province is located across the basins of the Yangtze River ...

, China, and is involved in bituminous and anthracite coal mining, washing, and sales, as well as other industries such as real estate and civil engineering. Previously known as the Huainan Mining Bureau, the company changed to its current name in 1998.

Company developments

Huainan Mining gained approval for a new coal project from the National Energy Administration in Bojianghaizi County, Inner Mongolia, in 2015. The coal mine is estimated to yield 3 million tonnes per year, after a total investment into the project of about 2.804 billion yuan ($448.6 million). In December 2016, China Construction Bank, the country's second biggest lender, signed a 30 billion yuan debt-for-equity framework agreement with Huainan Mining Group, to be provided over a five-year term. The agreement included the provision of financial services by CCB, including investment banking and settlement services.

References

Coal companies of China Government-owned companies of China {{coal-company-stub