Yanzhou Coal

Yanzhou Coal Mining Company is a Chinese company that mainly produces low-sulphur coal. It is the only Chinese coal miner to have a listing in Hong Kong, Shanghai and New York. Its subsidiaries include Austar Coal Mine, Heze, and Yancoal Australia.

Yanzhou and its rivals have been hurt by falling coal prices.

Yanzhou halves spending amid coal downturn

Yanzhou Coal Mining has slashed its spending on future production capacity expansion by half amid weak coal market conditions, and floated a plan for its Canadian unit to fund its C$3.5 billion (HK$26.2 billion) potash mining project development via a Canadian stock market listing.