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
History of anthracite coal mining in Pennsylvania British navy blockades through during the war, industrialist Josiah White set his mill supervisors the task of experimenting with Anthracite to get to ignite and burn in a useful way. In 1813, the first mining actually in the Lehigh Valley was begun at Beaver Meadows, however, because of the various struggles getting it the to Philadelphia and because it is far more difficult to ignite Anthracite with its sporadic and unreliable supply did not come to be generally used regularly until after the War of 1812 and Hazard and White showed the way. The developments of the canal and then