SinoCoking Coal and Coke Chemical Industries, Inc. (Sinocoking), formerly Ableauctions.com, Inc., is a coal and coke producer based in Henan Province, People�s Republic of China. The Company uses coal from both its own mines and that of third-party mines to produce basic and value-added coal products, such as thermal coal, washed metallurgical coal, and chemical and metallurgical coke for steel manufacturers, power generators, and various industrial users. It also produces and sells coal, including raw (unprocessed) and washed coal (which is coal that has been prepared for coking or thermal uses), medium coal and coal slurries (by-products of the coal-washing process), and coal tar (a by-product of the coke manufacturing process). All of SinoCoking�s business is conducted by Henan Province Pingdingshan Hongli Coal & Coke Co., Ltd. (Hongli). Hongli produces coke, coal, coal byproducts and electricity.