Asset Report
China Qinfa coal mines
Report summary
China Qinfa Group is a thermal coal producer operating in Shanxi, listed on Hong Kong Exchange. In China, Qinfa owns five mines in Shanxi province. Three of them are operating and the other two are suspended for development. We expect Qinfa to produce 5.8 Mt of coal in 2023 at an average total cash cost of RMB474.9/t. Qinfa’s reported reserves in China can only keep the current level of output until 2026.
Table of contents
- Summary
- Key issues
Tables and charts
This report includes 13 images and tables including:
- Participation
- Marketable reserves
- Production
- Production
- Mine summary
- Company assumptions
- Company average cash costs and margin (RMB/t)
- Company average cash costs and margin (RMB/t)
- Coastal cash costs 2023 (RMB/t)
- Non-coastal cash costs 2023 (RMB/t)
- Capital costs (RMB million)
- Coal quality
- Economic assumptions
What's included
This report contains: