Yancoal to lift stake in Moolarben coal mine for A$110.5m
Yancoal Australia has moved to increase its stake in the Moolarben Joint Venture (MJV), exercising pre-emptive rights to acquire an additional 3.75% interest for A$110.5 million (about $71 million). The deal will lift Yancoal’s ownership in the New South Wales-based thermal coal operation from...