Jizhong Energy

Jizhong Energy Group Company Limited is a state owned coal company located in Hebei, China. It is among the seven largest Chinese coal companies.[1] In 2011, the company mined slightly over 100 million metric tonnes of coal in 2011, of which about 26 million metric tonnes of metallurgical coal. This makes it China's second-largest metallurgical coal miner after Shanxi Coking Coal Group.[2]

Jizhong Energy Group Company Limited
TypeState owned
IndustryCoal mining
Headquarters
Xingtai, Hebei
,
People's Republic of China
Key people
Wang Sheping, CEO
ProductsCoal
SubsidiariesJizhong Energy Resource (SZSE: 000937)
Websitewww.jznyjt.com

The company was created in June 2008 by merging Jinniu Energy Group and Jizhong Energy Fengfeng Group. In addition to the coal industry, the company is engaged in the medicine, electric, chemical, mechanical and structural material industries.[3] It has eight fully owned subsidiaries and three listed companies. In the 2013 Forbes Global 2000, Jizhong Energy Resource was ranked as the 1631st -largest public company in the world. [4]

One of the main subsidiaries, Jizhong Energy Resource (formerly Hebei Jinniu Energy Resources Co, Ltd.), is listed on Shenzhen Stock Exchange (SZSE: 000937). In 2008, the company produced 12 million metric tonnes of raw coal and 4.92 million metric tonnes of clean coal, as well as sold approximately 9.67 million metric tonnes of commercial coal.

Taking into account its combined scope 1 and 3 greenhouse gas emissions, Jizhong Energy Group has been one of the most climate damaging public companies.[5][6][7] However, the company says that it has taken steps to minimise the environmental impact of its operations.[8]

References
  1. "China's 7 Coal Mining Companies Realized Production Capacity of 100 Mln Tonnes in 2011". China Mining Association. 2012-02-01. Archived from the original on 2012-08-04. Retrieved 2012-06-02.
  2. Le, Reggie (2012-04-05). "China's Jizhong Energy mines 31 million mt of coal, up 10% on year". Platts. Retrieved 2012-06-02.
  3. "Jizhong Energy Group Co., Ltd". China.org.cn. Archived from the original on 2012-05-23. Retrieved 2012-06-02.
  4. "Forbes Global 2000". Retrieved 31 October 2020.
  5. "CDP Carbon Majors Study Overview". Retrieved 29 December 2020.
  6. "CDP Carbon Majors Report 2017" (PDF). Retrieved 29 December 2020.
  7. "Carbon Majors Dataset". Retrieved 29 December 2020.
  8. "Sustainability". Jizhong Energy. Retrieved 29 January 2021.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.