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…
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Podcast with Ben Kelleran from Kontrarian Korner…
Yancoal drop in share price marks buying opportunity…
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A quick rundown of the post-China stimulus rip in coal stocks, and how to think about positioning using some advice from our Substack and Twitter friend Le Shrub…
Whitehaven Coal reported a solid quarter with saleable coal production coming in at 4.0Mt, while sales of 3.2Mt were impacted by initial rail logistics delays, which have since been resolved…
Yancoal reported attributable coal sales reached 8.6 million tonnes, exceeding attributable saleable coal production by 0.4 million tonnes in Q3 2024…
Whitehaven’s January-March report shows increased production but decreased sales.
Australia’s coal sector could be seeing a renewed wave of mergers and acquisitions (M&A) activity, following major deals in 2022 and 2023