Jincheng Anthracite Mining Group of aforementioned deal, which JAMG and Taiyuan Coal Gasification Group may owned 40.05% and 13.38% stake respectively, with new investors owned 20%. The shareholders of JAMG, as at 31 December 2015 were the State-owned Assets Supervision and Administration Commission (SASAC) of , China Development Bank (via a wholly owned subsidiary) and China Cinda Asset Management. The latter acquired the stake by debt-to-equity swap. On 29 January 2015 JAMG bought back 3.61% stake from China Construction Bank. The treasury stock was than canceled in mid-2015. Jincheng Anthracite Mining Group Shanxi Jincheng Anthracite Mining Group Co., Ltd. (JAMG) is a Chinese state-owned
Anthracite February 1808, by Judge Jesse Fell in Wilkes-Barre, Pennsylvania, on an open grate in a fireplace. Anthracite differs from wood in that it needs a draft from the bottom, and Judge Fell proved with his grate design that it was a viable heating fuel. In spring 1808, John and Abijah Smith shipped the first commercially mined load of anthracite down the Susquehanna River from Plymouth, Pennsylvania, marking the birth of commercial anthracite mining in the United States. From that first mine, production rose to an all-time high of over 100 million tons in 1917. Anthracite usage was inhibited by the