Yancoal Australia slashes debt as coal prices boom

Bumper coal prices have placed Yancoal Australia in the position to make an early payment of about $1.175 billion ( $US801 million) on its debt. The key coal producer owns a clutch of mines in New South Wales as well as Yarrabee and Middlemount (50 per cent joint venture with Peabody) in Queensland, where it […]

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Industry Queensland
Industry Queensland