Shanxi Coking Coal subsidiary resumes production after safety halt
Shanxi Coking Coal Energy Group Co., Ltd. announced the resumption of production at its subsidiary, Shanxi Fenxi Mining Group Shuiyu Coal Industry Co., Ltd. (Shuiyu Coal Mine). The mine had been temporarily halted due to a safety accident. Following rectifications and successful on-site inspections by the Lvliang Emergency Management Bureau and the Lvliang Local Coal Mine Safety Supervision Bureau, Shuiyu Coal Mine received official notification to resume production starting September 12.
Shuiyu Coal Mine, a wholly-owned subsidiary, has an annual approved production capacity of 4 million tons, accounting for 8.18% of the issuer's total approved capacity. The temporary shutdown lasted 15 days due to the accident, affecting an estimated 180,000 tons of raw coal output.
The company stated that the incident's specific impact on overall production, operations, and performance will be subject to confirmation during the annual audit. As of the report date, this matter is not expected to have a significant adverse impact on the issuer's debt repayment capabilities or the repayment of principal and interest on its outstanding bonds.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Shanxi Xishan Coal & Electricity Power publishes news
Free account required • Unsubscribe anytime