Huaibei Mining Holdings Co.,Ltd.

Chinese coal miner that also makes coal-based chemicals

What Huaibei Mining does

Huaibei Mining digs coal in China, then cleans, processes and sells it, mainly to steelmakers and power users. It also turns coal into chemicals such as methanol, coal tar and refined benzene. Its other businesses include logistics and trading, explosives, mining construction and power generation.

How Huaibei Mining makes money

It makes most of its money by selling coking coal and thermal coal that it mines and washes, and by selling coal chemical products. Logistics and commodity trading, explosives, mining engineering and electricity generation add further revenue.

Products & services

• Coking coal for steelmaking
• Thermal coal
• Methanol
• Coal tar and refined benzene
• Dimethyl carbonate and ethylamine
• Explosives and detonators