HomeMining Industry News Yancoal gets foreign investment approval for Hunter Valley miners, China's largest Australian asset buy

Yancoal gets foreign investment approval for Hunter Valley miners, China's largest Australian asset buy

Tuesday 18th of April 2017 09:56:49 AM



Coal stock piles

Yancoal Australia's shareholders can expect the sale of Rio Tinto's Hunter Valley arm, Coal and Allied, to be finalised this year after clearing the federal foreign investment review hurdle.



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Yancoal gets foreign investment approval for Hunter Valley miners, China's largest Australian asset buy

Tuesday 18th of April 2017 09:56:49 AM

Yancoal Australia's shareholders can expect the sale of Rio Tinto's Hunter Valley arm, Coal and Allied, to be finalised this year after clearing the federal foreign investment review hurdle. Read Full Story Here


45 jobs to be cut at Duralie coal mine

Monday 19th of September 2016 09:45:03 AM

The Duralie open-cut mine near Gloucester which is owned by Yancoal, a chinese-backed company, is laying off 45 people of the currently 140 employed. The layoffs were confirmed by Yancoal spokesperson James Rickards, stating the company had called for voluntary redundancies and hoped that ....


Yancoal's hopes to combine mining operations

Thursday 31st of March 2016 11:24:16 AM

Yancoal Australia has put forward plans to consolidate two of its existing mines together in the Hunter Valley. The proposal will integrate South East Open Cut Mine and Ashton Coal project was discussed at a Planning Assessment Commission meeting in Singleton yesterday. If the proposal is ....


92 NSW coal jobs are in doubt as Yancoal puts Donaldson mine on thin ice

Wednesday 2nd of March 2016 09:59:41 AM

Another 92 jobs could be lost from the Australian coal industry, with Yancoal deciding to put its Donaldson mine on "care and maintenance". The closure of the mine near Newcastle was blamed on the same "ongoing market challenges" that have seen thousands of other Australian coal jobs lost over ....


Mine dispute over as Hunter workers strike deal with Yancoal

Thursday 25th of February 2016 08:02:13 AM

Hunter Valley mine workers have struck an agreement with Yancoal after weeks of dispute over entitlements. Yancoal has formed a subsidiary company, asking 181 employees to move across to the new entity in February. But unions condemned the move, saying workers would be forced to give up too ....


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