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Yancoal was established in 2004 with the acquisition of the Austar coal mine in the Hunter Valley. [1] In June 2012 it was listed on the Australian Securities Exchange. [2] In September 2017 Coal & Allied was purchased by Yancoal from Rio Tinto. [3] [4] In December 2018 Yancoal became a dual-listed company when it was listed on the Hong Kong ...
Wendy Bowman (c. 1934 – 26 July 2023) was an Australian farmer and environmentalist in New South Wales who successfully campaigned to prevent Yancoal from developing coal mining in the Hunter Valley. In recognition of her efforts, she was awarded the Goldman Environmental Prize in 2017. [1] [2]
Yancoal Australia Ltd (ASX:YAL) delivered a less impressive 4.56% ROE over the past year, compared to the 17.04% return generated by its industry. An investor may attribute an inferior ROERead More...
Yancoal The Yarrabee Coal Mine is a coal mine located in the Bowen Basin in Jellinbah in Central Queensland , Australia. The mine has coal reserves amounting to 180.6 million tonnes of Thermal and Coking coal, one of the largest coal reserves in Asia and the world.
In October 2004 there was an underground fire and the mine was sealed. The company, Gympie Gold, was forced into receivership and the mine was placed in a 'care and maintenance' position. In December 2004 the Chinese company Yancoal purchased the colliery, changed its name to Austar Coal Mine, and recommenced operations. [3]
It is owned by Yancoal. [3] Cameby Downs was one of numerous Queensland mines closed during the 2010–11 Queensland floods. Syntech Resources, who owned the mine in 2009 and itself was owned by Goldman Sachs, announced plans for a significant expansion of production from 1.8. [1] Exports from the mine leave via the Port of Brisbane. [3]
Stratford Duralie is a coal mine located in the New South Wales.The mine has coal reserves amounting to 322.3 million tonnes of coking coal, one of the largest coal reserves in Asia and the world.
Coal & Allied was formed in 1960 when Caledonian Collieries and J & A Brown & Abermain-Seaham Collieries merged. [1] Howard Smith owned 50%. [2] [3]In December 2011, Rio Tinto Coal Australia took full ownership with Coal & Allied delisted from the Australian Securities Exchange. [4]