DAILY: Another Shanxi accident deepens coking coal supply fears in China

China's coking coal market faced renewed supply uncertainty on August 6, after leading miner Shanxi Coking Coal Energy Group Co., Ltd. announced the suspension of its Xiqu mine following a fatal accident. The incident occurred amid heightened safety supervision in Shanxi's coal sector, fueling concerns over the stability of domestic coking coal supply.

According to a statement from Shanxi Coking Coal Energy issued on Thursday, operations at its Xiqu mine were suspended after a fatal accident the previous day. The 2.7-million-tonne-per-year mine accounts for 5.67% of the company's total capacity and is one of its key coking coal operations, the firm noted.