YANCOAL is increasing the capital expenditure at its mine sites and may even consider acquisitions with rise in coal prices.
Yancoal has flagged capital expenditure increases in 2022 after two years of modest expenditure.
The company said it held cash reserves of $1.5 billion at the end of 2021 - reconfirming its capacity to deliver strong financial performance during periods of elevated coal prices. "Capital expenditure...
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