Huaibei Mining Posts Lower Commercial Coal, Coke Sales in 2024

MT NewswiresJan 27 16:08

Announcement on the main operating data of Huaibei Mining Holdings Co., Ltd. for 2024

SZSIJan 25 00:00 · Announcements

Huaibei Mining Holdings (600985.SH): Currently, the production and operation situation is normal, and there are no reduction plans.

Gelonghui, January 15th丨Huaibei Mining Holdings (600985.SH) stated on the interactive platform that the company's current production and operation situation is normal, and there are no plans for production reduction. The main profit growth points for the company in 2025 include: first, the further release of production capacity from projects such as 0.6 million tons of anhydrous ethanol and 0.1 million tons of DMC; second, the deep utilization of coke oven gas (main products being 0.251 billion standard cubic meters of liquefied Henry Hub Natural Gas, 0.608 billion standard cubic meters of hydrogen-rich gas, etc.), and the gradual commissioning of projects producing 0.03 million tons of carbonates and 0.028 million tons of ethylamine; third, the completion of 7 non-coal mines in 2024, adding a limestone production capacity of 16.4 million tons.

Gelonghui FinanceJan 15 16:15

Huaibei Mining's Unit Starts Production of Anhydrous Ethanol Plant

MT NewswiresJan 8 13:20

Express News | Huaibei Mining Holdings: The subsidiary company Carbon Xin Technology has reissued the "Safety Production License".

BreakingsJan 7 16:56

Research Reports Digging for Gold丨Debon Securities: Maintain Huaibei Mining Holdings 'Buy' Rating, Shareholders Increasing Shareholding Demonstrates Confidence.

Gelonghui December 18｜Debon Securities Research Reports point out that Huaibei Mining Holdings (600985.SH) Shareholder shareholding highlights confidence in the company's future development and recognition of its long-term investment value, which will effectively promote the company's continuous, stable, and healthy development, with extensive growth potential in the future. Maintain a "Buy" rating. The company is a high-quality producer of coking coal in East China, with the Tao Hu Tu contributing future incremental gains. According to calculations, referencing China Coal Energy's Mengda Coal Mine and Beijing Haohua Energy Resource's Gaojialiang Coal Mine, it is estimated that the annual profit could reach 1.671 billion yuan after production. In addition, the ethanol project has entered the harvest phase, and the non-coal Business shows excellent growth. Projects under construction are ongoing.

Gelonghui FinanceDec 18, 2024 16:58 · Ratings