Shanxi coking coal mine halts operations after fatal accident

Shanxi Coking Coal Energy Group Co., Ltd. (SZSE:000983) announced the suspension of operations at its subsidiary Huajin Coking Coal's Shaqu No. 1 Coal Mine following a fatal accident on January 23, 2025. The accident resulted in one fatality, and an investigation by relevant government authorities is underway. The Shaqu No. 1 mine has an annual production capacity of 4.5 million tons, representing 9.2% of Shanxi Coking Coal's total capacity. Huajin Coking Coal is 51% owned by Shanxi Coking Coal. The company is implementing safety reviews and enhancing safety protocols to prevent future incidents. Further updates will be provided as the investigation progresses.