Tuesday, September 22, 2026
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China’s Yancoal Buys Australia Mine Stake for Up to $2.4 Billion

Chinese-controlled Yancoal Australia Ltd. agreed to acquire an 80% stake in the Kestrel coking coal mine in Queensland for as much as $2.4 billion.

This article was originally published by Bloomberg Markets and is republished here under license.

Chinese-controlled Yancoal Australia Ltd. agreed to acquire an 80% stake in the Kestrel coking coal mine in Queensland for as much as $2.4 billion.

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