Coal & Allied acquisition kicks into Yancoal bottom line

YANCOAL’S US$2.69 billion acquisition of Rio Tinto’s Coal & Allied Hunter Valley coal assets in September last year has helped drive production and lift profit before tax for the company to $311 million for 2017.

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Coal & Allied acquisition kicks into Yancoal bottom line Coal & Allied acquisition kicks into Yancoal bottom line Coal & Allied acquisition kicks into Yancoal bottom line Coal & Allied acquisition kicks into Yancoal bottom line Coal & Allied acquisition kicks into Yancoal bottom line

Yancoal's Mt Thorley Warkworth in NSW's Hunter Valley.

The company also achieved total run-of-mine coal production of 41.12 million tonnes for the year, which is almost 50% higher than 2016.

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