Underground mining at MTW could provide a Yancoal growth path

YANCOAL is targeting saleable coal production of 35 million tonnes as it ramps up production in 2019 from its Moolarben mine and explores options for underground mining at its Mt Thorley Warkworth complex in New South Wales.

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Underground mining at MTW could provide a Yancoal growth path Underground mining at MTW could provide a Yancoal growth path Underground mining at MTW could provide a Yancoal growth path Underground mining at MTW could provide a Yancoal growth path Underground mining at MTW could provide a Yancoal growth path

Yancoal's Moolarben mine complex in NSW combines both underground and open cut mining.

The company expected its cash costs in 2019 to be about $62.5 per tonne and capital expenditure of around $285 million, Yancoal CEO Reinhold Schmidt told the company's annual general meeting.