Yancoal Australia to shut down Ashton coking coal mine

Yancoal Australia Ltd. recently announced that it would close its Ashton underground coking coal mine in early 2028, Australia's public news agency ABC News reported.

Located in the Hunter Valley of Southeast Australia's New South Wales and wholly owned by Yancoal Australia, Ashton mainly produces semi-soft coking coal for export through the Port of Newcastle, Mysteel Global notes. In a statement published on June 30, the dual-listed miner in Sydney and Hong Kong said that