Yancoal joins WCA

YANCOAL Australia, which recently bought the Rio Tinto’s Coal & Allied Hunter Valley coal assets for US$2.69 billion, has become the latest member of the World Coal Association, the only body acting globally on behalf of the coal industry.

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Yancoal joins WCA Yancoal joins WCA Yancoal joins WCA Yancoal joins WCA Yancoal joins WCA

Yancoal CEO Reinhold Schmidt.

The company, which has become one of Australia’s largest coal producers, is also believed to be bidding for Rio’s Kestrel longwall and Hail Creek open cut mine in Queensland.

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