Yancoal builds coal interests

YANCOAL Australia has exercised a call option to acquire Mitsubishi Development's 28.9% stake in the Warkworth joint venture in New South Wales for US$230 million.

Yancoal builds coal interests Yancoal builds coal interests Yancoal builds coal interests Yancoal builds coal interests Yancoal builds coal interests

Yancoal had a call option to buy the Mitsubishi stake after completing the acquisition of Rio Tinto's Hunter Valley assets last month.