The world's leading mining chain manufacturer, the British Parsons Chain Company, has officially transferred its proprietary φ34-48mm chain equipment, along with the associated mining chain technology and intellectual property rights, to Zhangjiakou Coal Mine Machinery Co., Ltd. This significant deal marks a major milestone, positioning Zhangjiakou as the largest global producer of mining chains.
According to recent reports, the transfer involves China Coal Energy Group Corporation and the British FKI Group, an international engineering company listed on the London Stock Exchange. Parsons Chain, a subsidiary of FKI, is one of the most renowned names in the mining industry, with over a century of experience in manufacturing high-quality mining chains. The decision to sell the chain equipment and technology is part of FKI's broader strategic realignment.
The φ34-48mm reinforced mining chain series produced by Parsons is a globally recognized brand, holding a dominant position in the market. FKI chose Zhangjiakou Coal Mine Machinery Co., Ltd. as its partner due to the vast and growing demand for φ34-48mm mining ring chains in China, the world's largest market for such products. Zhangjiakou has long been a key player in this sector and has maintained a strong and collaborative relationship with Parsons for many years.
This acquisition not only strengthens Zhangjiakou’s technological capabilities but also enhances its global competitiveness. With access to advanced manufacturing techniques and proven expertise, the company is now well-positioned to meet increasing international demand and expand its market presence worldwide. The partnership represents a win-win situation for both parties, combining FKI’s legacy with Zhangjiakou’s production strength and market insight.
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