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Yancoal posts steady quarter as new CEO finds his groove
Summary by Australian Mining
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Yancoal posts steady quarter as new CEO finds his groove
Image: Vyacheslav Svetlichnyy/shutterstock.comYancoal produced a steady September quarter, offsetting weather-related slowdowns with higher sales volumes, posting 12.3 million tonnes of saleable coal output and 15.8 million tonnes of run-of-mine coal production. The company recorded a $1.8 billion cash balance as of September 30, with an unchanged operational guidance of 35–39 million tonnes of saleable production for 2025. This is said to be tr…
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