Shanxi Xishan Coal and Electricity Power Co Ltd000983
▼ NegativeSupplyrelevance
Three mines with 17.23% of capacity halted due to license expiry, reducing coal supply.
Shanxi Coking Coal announced that due to the expiration of mining permits and safety production licenses, its Xiqu Mine halted production on July 23, 2026, while the Zhenchengdi and Malan mines stopped on July 27. The company is actively applying for license extensions. The three mines have a combined annual approved capacity of 8.2 million tonnes, accounting for 17.23% of the company's total capacity. The company expects the production halt will not have a material adverse impact on operations.
Shanxi Xishan Coal and Electricity Power Co LtdThree mines with 17.23% of capacity halted due to license expiry, reducing coal supply.
Production halt reduces coal supply, likely supporting coking coal futures prices.