With the first step into the Chinese coal industry in 2003, BIC, through its parent company, Banpu, is currently engaged in joint ventures in the investment and development of coal mining by holding a 45% stake in Shanxi Gaohe Energy Company Limited (Gaohe Mine) and a 40% stake in Hebi Zhong Tai Mining Company Limited (Hebi Mine). 

Gaohe Mine broke ground in July 2005 and started production in June 2012 with a planned production capacity of 6 Mt per annum. By the end of 2023, Gaohe Mine has remaining coal reserves of 237 million tonnes (by Chinese standard) with the calorific value of 6,500-7,000 Kcal/kg. 

Hebi Mine received its mining license from the PRC Ministry of Land and Resources in 2005 at the rated capacity of 1.5 million tonnes per year, producing coal with the calorific value of 6,700 Kcal/kg. By the end of 2023, Hebi Mine has remaining coal reserves of 71.923 million tonnes (by Chinese standard). 

BIC is working closely with our joint venture partners in technological innovation and digital transformation, blending international technology  to construct environmental-friendly, efficient and intelligent coal mines. 

In response to the growing market demand, BIC expanded into international and domestic coal trading market since 2017 and seeks to achieve synergetic development of coal and power business. The coal trading company: Banpu (Beijing) Energy Trading Ltd. was established with business scope covering coal import and export, domestic trading and market development etc.