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Yankuang Energy fully implements the New Development Philosophy, seek both external and internal improvement, and pay equal emphasis on industrial operation and capital operation, fostering five major industries of mining, high-end chemicals and new materials, new energy, high-end equipment manufacturing, and intelligent logistics, and building major operating bases of Shandong, Inner Mongolia, Shaanxi &Gansu, Xinjiang and Australia. The Group strives to achieve an annual raw coal output of over 300 million tons by the end of the 15th Five‑Year Plan period.

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Company Profile

Canada

Operations in Canada: Yancoal Canada Resources Co., Ltd. was incorporated in Saskatoon, Saskatchewan, Canada in August 2011, with a registered capital of US 290 million dollars. As a new strategic region for Yankuang Energy's overseas mineral resource reserves and cross-border growth,it is engaged in the exploration and development of minerals.At present, Yankuang Energy has 6 potashleases in Canada, with a total area of 1,299 square kilometers. The proven high-quality potash resourcesreach 1.7 billion tons, which is the high-quality potash resource ever acquired by a Chinese company abroad with bright development prospects.