Coal Quality Characteristics

Our three coking coal mines located within the Lishi-Liulin mining area of Hedong coalfield, one of China's key reserve areas for high-quality hard coking coal. The coking coal mined at Lishi-Liulin mining area is honored as "panda coal" because of its scarcity and high economic value. The Group's coking coal is of particularly excellent quality due to its high calorific value and caking index but low ash and sulfur content, characteristics that are highly desirable for producing high quality coke steel.

The following is a summary of the coal quality characteristics of the Group's three coal mines :