SinoCoking and Coke Chemical Industries, Inc., a Florida corporation, is a vertically-integrated coal and coke processor that uses coal from both its own mines and that of third-party mines to produce basic and value-added coal products for steel manufacturers, power generators, and various industrial users. SinoCoking has been producing metallurgical coke since 2002, and acts as a key supplier to regional steel producers in central China. SinoCoking also produces and supplies thermal coal to its customers in central China. 


Henan authorities mandate that responsibility for the safety and operations of all coal mines in Henan to be borne by an SOE

Safety upgrade & mine merging  -  total investments of $67 million

  • As required by the Henan government, SinoCoking is upgrading the safety-related systems in order to be approved to resume our mining operations.  The upgrade to be followed by merger of mining operations. 
  • Mine upgrades totaling $35.0 million, 70% or approximately $24.5 million to be paid by SinoCoking and the remainder by Henan Coal Seam Gas.  
  • Mine consolidation totaling $32.0 million. As of 3/31/13, SinoCoking has paid approximately $10.9 million toward such integration.  To be completed 4-6 months after clearance to resume our mining operations is obtained (expected in calendar year 2013).

JV with Henan Coal Seam Gas

  • JV received its business licence in April 2011
  • SinoCoking controls 49% equity interest of the JV
  • Henan authorities mandated that responsibility for the safety and operation at all coal mines in Henan must be borne by one of the six SOE consolidators.  

Benefits of the JV

  • Mitigate potential disruptions from future coal mining policy changes from the central government
  • To  gain access to mines that are only available to SOE consolidators
  • Possibility of entering into the field of coal seam gas extraction and development   

 OPERATIONS :  mining + coal washing & processing + coke manufacturing + power generation + coal trading