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 expertise and intellectual property rights, to Zhangjiakou Coal Mine Machinery Co., Ltd. This significant move marks a major milestone for the company, positioning it as the world's largest manufacturer of mining chains.
According to recent reports, the transfer involves China Coal Energy Group Corporation and the British FKI Group, an international engineering firm listed on the London Stock Exchange. Parsons Chain Company, a subsidiary of FKI, is globally recognized as a leader in mining chain manufacturing, with over a century of experience in the industry. The sale of the chain equipment and technology represents a strategic realignment by the FKI Group to focus on core operations and optimize its global footprint.
The φ34-48mm compact reinforced mining chain series produced by Parsons is a well-established brand, holding a dominant position in the global market. Its reputation for quality and reliability has made it a preferred choice among mining companies worldwide. FKI Group’s decision to partner with Zhangjiakou Coal Mine Machinery Co., Ltd. is based on the company’s strong presence in the Chinese market, which is one of the largest consumers of φ34-48mm mining ring chain products.
Zhangjiakou Coal Mine Machinery Co., Ltd. has long been a key player in this product line, with a history of collaboration and mutual trust with Parsons. As a result of this partnership, the company is now equipped with advanced technology and production know-how, enabling it to meet international standards and expand its global reach. This acquisition not only strengthens Zhangjiakou’s competitive edge but also reinforces China’s growing role in the global mining equipment industry.
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