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Yancoal completes acquisition of Mitsubishi share of Warkworth

YANCOAL Australia has completed its purchase of Mitsubishi Development’s 28.9% interest in the Warkworth joint venture for US$230 million, in accordance with its exercising of the call option.

Lou Caruana
Yancoal's Mt Thorley Warkworth complex in NSW.

Yancoal's Mt Thorley Warkworth complex in NSW.

The Yancoal Group now owns about 84.5% of the Warkworth joint venture, which will increase its share of coal production from the integrated Mount Thorley Warkworth operations in New South Wales from 64.1%...

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