Yancoal Australia has agreed to pay up to $2.4 billion for one of the largest underground coking coal mines in the world — $1.85 billion upfront, the rest contingent on price recovery. Our DCF puts fair value at $1.29 billion on the 80% stake at current market assumptions, indicating Yancoal paid a 40%+ premium to acquire the asset…
You must be logged-in to see this content. Logged-in Premium subscribers get full access to this page. If you’re a subscriber but haven’t logged in,
The global coking coal market closed the week of September 12th on a stable footing, with seaborne prices flat in both the Pacific and Atlantic basins…
You must be logged-in to see this content. Logged-in Premium subscribers get full access to this page. If you’re a subscriber but haven’t logged in,
Overview of coverage kickoff for Whitehaven Coal (WHC.AX, WHITF)…
Whitehaven Coal delivered a solid performance in the December 2024 quarter, with clean coal production and sales volumes rising…
Part 1 of the official TCT outlook for metallurgical coal…
Queensland, Australia’s largest coking coal exporter, has elected the conservative Liberal National Party (LNP) to a four-year term in government, marking a significant political shift
The Queensland Resources Council (QRC) has expressed concern over new coal royalties legislation, stating it undermines Queensland’s competitiveness and poses a risk to the state’s economic security…
A rundown of recent price changes in the broader coal markets…
Australia has witnessed a modest 3% year-over-year increase in coking coal exports in the first half of 2024, reaching 75.5 million tonnes…