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Basic Materials · Coking Coal

Shanxi Meijin Energy Co.,Ltd.

Chinese coking coal and coke producer expanding into hydrogen vehicles

Understand Shanxi Meijin Energy →

What Shanxi Meijin Energy does

Shanxi Meijin Energy mines coal and turns it into coke, the fuel used by steel mills to make iron. The chemicals left over from the coking process — coal tar, benzene, coke oven gas, ammonium sulfate — are captured and sold as separate products, along with natural gas, LNG and ethylene glycol. The company has also moved into new energy vehicles, including hydrogen fuel cell trucks and buses.

How Shanxi Meijin Energy makes money

The company makes money mainly by selling coke and coking coal to steel and industrial customers, capturing additional revenue from the chemical by-products and gases generated during coking. Newer segments — hydrogen fuel cell vehicles, LNG, and energy-saving and electrical equipment — add further product sales.

Products & services

Sector Basic Materials Industry Coking Coal HQ China Ticker 000723.SZ Official site