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Shougang Fushan Resources Group Limited CSR / ESG Ranking

CSR / ESG Ranking (%)
Compared With
17,548 Companies
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Industry average is for the 1947 companies in Mining (except Oil & Gas) industry
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Shougang Fushan Resources Group Limited (renamed from Foushan International Energy in 2011) is one of the most sizable integrated coal corporations in central-western China. Taking Shanxi Province as its major investment base, it is principally engaged in mining of coking coal and production and sales of raw and clean coking coal, The Group is the second largest hard coking coal producer in the PRC in terms of production capacity. The Group currently owns and operates three coal mines in Liulin County, Shanxi Province, China, namely Xingwu Coal Mine, Jinjiazhuang Coal Mine and Zhaiyadi Coal Mine, with an aggregate mining area of 31.89 sq.km and an aggregate raw coal production capacity of 6.3 million tons per annum. According to the Technical Review Report of John T. Boyd Company based on the standard of JORC, the total in-place reserves and recoverable reserves of the three coal mines was 205.75 million tons and 142.35 million tons respectively as at the end of 2007, comprised with mainly hard and semi-hard coking coal. The Group's coking coal products are mainly used for the production of coke. Coke is one of the major raw materials for the manufacture of steel. The Group's principal clients are among the top iron and steel producers in the PRC. The Group has a broad and stable portfolio of clients. To further expand the premium client base of the Group, the Group entered into a long-term strategic cooperation agreement with Shougang Group, its major customer and one of the largest iron and steel producers in the PRC, and invited Shougang as a substantial shareholder in July 2008.

Ticker: 639
ISIN: HK0639031506
Address:

6th Floor, Bank of E… (click to copy or hover over here to view full address)

  Wanchai, , NA, Hong Kong
Website: Shougang Fushan Resources Group Limited
Phone #: (852) 2765 0839
CSR Web Area: Subscribers Only ?
Industry: Mining (except Oil & Gas)
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Environment

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