Yankuang Energy fully implements the New Development Philosophy, seek both external and internal improvement, and pay equal emphasison 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 three major operating bases of Shandong, Shaanxi &Inner Mongolia and Australia. Looking ahead, it will work to achieve an annual coal production capacity of 300 million tons in 5-10 years, and build more than 8 green and intelligent mining coal mines each with a production capacity ofover 10 million tons.The annual output of chemicals products will exceed 20 million tons. The vision is to realize 3million kW of installed capacity of wind and solar power by the end ofthe “fourteenth five-year plan” (2021-2025), and 10million kW in 5-10 years.
Operations in Australia:It mainly operate9 production coal mines including Moolarben, HVO, MTW and Yarrabee and4 coal resources exploration projects, which are located in NSW, Queensland and Western Australia, with an annual production capacity totaled79.3 million tons. Besides, it holds30% equity of Port Waratah Coal Services,27% equity of Newcastle Coal Infrastructure Group, and9.7% equity of Wiggins Island Coal Export Terminal Pty Ltd, among others.
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