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 iron and received it in 1837. By the time the patent was sealed, Yniscedwyn was producing about 35 tons of iron using anthracite only as a fuel. Inspired both by Geisenhainer and Crane (whose success was closely followed by the LC&N), experiments in the US continued. Baughman, Guiteau and Company used an old furnace near Mauch Chunk to produce some anthracite iron during late 1837. They built another experimental furnace nearby, which was worked for about two months during fall and winter 1838 and for some time in 1839, but mechanical deficiencies led them to abandon the furnace at the end