China Coal Hub Suspends Mines After Floods During Energy Crisis

China Coal Hub Suspends Mines After Floods During Energy Crisis

During the National Day holiday, Shanxi was hit by heavy rainfall: the largest flood peak in 40 years, the suspension of railroad tracks, the transfer of tens of thousands of people overnight, the suspension of production of 27 coal mines and 99 non-coal mines…

In the context of the current thermal coal market, which is already tight in supply and demand, more than 20 coal mines in Shanxi Province have been closed due to flood control needs, triggering concerns that the thermal coal market will have a larger gap after the holiday.

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