2307 GMT - The impact to coal markets from Chinese supply disruptions "could be very material" over the remainder of this year, says Jefferies. Safety-related cuts have followed a deadly gas explosion at the Liushenyu mine Friday. More than 100 mines have been ordered to suspend production for safety checks, according to Mysteel, a research and consulting firm. Shutdowns are "generally expected to last 3-7 days, unless violations are discovered, which is highly likely to be the case," says Jefferies. While the coking coal market will be most directly affected, cuts should be expected at thermal-coal operations as well, the bank says. It highlights Glencore, BHP, Warrior Met Coal, Peabody Energy, Core Natural Resources and Alpha Met Resources as potential beneficiaries. Among those, Warrior should benefit most, it says. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

May 27, 2026 19:08 ET (23:08 GMT)

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