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Yancoal helps drive Yanzhou income

CHINESE coal mining giant and Yancoal Australia major shareholder Yanzhou Coal Mining Company has had its net income jump more than fourfold to 7.36 billion yuan in 2017 with the help of the Australian company.

Lou Caruana
Yancoal has helped lift Yanzhou's profits.

Yancoal has helped lift Yanzhou's profits.

Yancoal had swung to a record profit before tax of $311 million for 2017 compared to a loss the previous year.   Yanzhou is a China-based, integrated mining company with interests in coal, coal chemicals,...

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