Shanxi Coal Miner

Shanxi’s coal mining wealth spurs diversification and transformation – and opportunity for Australian companies

Bruce Ross Australian Business, China, Shanxi Province 2 Comments

Coal mining companies in Shanxi Province have accumulated very substantial cash surpluses in recent years but have limited opportunities for reinvestment in their traditional industry. In addition government policy aims to fundamentally transform the Province’s economic structure and reduce its reliance on this single, polluting industry. As a consequence the mining companies need to seek alternative avenues for investment, and …