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YANKUANG ENERGY GROUP ADR YZCAY

Yankuang Energy Group Co Ltd is a China-based international comprehensive energy company engaged in coal and coal chemical industry. The Company operates in five segments. The Coal Mining segment is engaged in underground and open-cut mining, preparation and sale of coal and potash mineral exploration. The Smart Logistics segment provides railway transportation services. The Electricity and Heating Supply segment provides electricity and related heat supply services. The Equipment Manufacturing segment is engaged in the manufacture of comprehensive coal mining and excavating equipment. The Chemical Products segment is engaged in the production and sale of chemical products. The coal products mainly include thermal coal, pulverized coal injection (PCI), and coking coal. The coal chemical products mainly include methanol, ethylene glycol, acetic acid, ethyl acetate and crude liquid wax, among others. The Company distributes products in the domestic market and to overseas markets.


OTCQX:YZCAY - Post by User

Post by Grebmoolbon Mar 03, 2010 1:23pm
511 Views
Post# 16838839

Legal battle with PT Krakatau Steel

Legal battle with PT Krakatau SteelYanzhou Coal's 100% owned subsidiary Felix Resources is locked in a legal battle in Adelaide, South Australia in the Supreme Court. PT Krakatau Steel, a 100% owned company of the Indonesian Government is claiming very substantial sums over the 2003 cancellation of Felix Resources 90% owned subsidiary  S.A.S.Es Pig Iron plant in South Australia.
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