Browsing Tag
Yancoal Australia Limited
4 posts
Yancoal completes $1.85bn Kestrel acquisition as metallurgical coal exposure grows
Yancoal Australia Limited has completed its acquisition of an 80% interest in Queensland’s Kestrel Coal Mine, bringing a large underground metallurgical coal operation into its earnings from October 1.
Yancoal Australia revenue rises 13% as A$2bn net cash cushions profit slump
Yancoal Australia Limited increased first-half revenue and operating EBITDA as coal production rose, but statutory profit fell sharply and its planned acquisition of Kestrel Coal Group is set to put a large cash balance to work.
Can Yancoal’s 98.75% control of Moolarben boost margins once coal prices rebound?
Yancoal Australia Limited (ASX: YAL), one of Australia’s leading thermal and metallurgical coal exporters, has tightened its grip…
Yancoal Australia stock falls 5.81% as Moolarben stake buy and soft coal prices weigh on sentiment
Yancoal’s stock drops 5.81% as it expands its Moolarben stake amid weak coal prices. Can production strength and low-cost assets drive a second-half rebound?