Coal sector IPOs to exceed $6B in 2012

NEXT year is shaping up to be coal float bonanza, with Chinese giant Yanzhou listing its $A6 billion Australian Yancoal subsidiary – which owns the Moolarben and Austar mines in New South Wales – and the private Queensland Coal Company slated to hit the Australian Securities Exchange boards.

Coal sector IPOs to exceed $6B in 2012 Coal sector IPOs to exceed $6B in 2012 Coal sector IPOs to exceed $6B in 2012 Coal sector IPOs to exceed $6B in 2012 Coal sector IPOs to exceed $6B in 2012

The market is primed after Aston Resources founder Nathan Tinkler successfully sold 10% of the Maules Creek coal project in NSW to Japanese electricity wholesaling group J-Power in October for $370

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