SURFACE

Moolarben turbocharging Yancoal profits

THE Moolarben coal complex in New South Wales was the main driver of a 14-fold increase in Yancoal’s half yearly net profit of $2.7 billion.

 Yancoal's Moolarben coal mine in NSW.

Yancoal's Moolarben coal mine in NSW.

Moolarben contributed $1 billion of the net profit after tax followed by Yancoal's 51%-owned Hunter Valley Operations, which earned $487 million. Yancoal's revenue for the six months to June 2022 increased...

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