Yancoal’s Jan-Sept coal output, sales surge 30%

Shanghai-listed Yanzhou Coal Mining Company (Yancoal) posted both its output and sales of merchant coal including thermal and metallurgical coal grew substantially over January-September, up 30.8% and 28.6% on year respectively, amid generally better performance from its mines both in China and in Australia, according to the company’s latest quarterly report released on October 27.

Over the period, the company produced nearly 71 million tonnes and its sales totalled 82.7 million tonnes including 70 million tonnes from its own mines and the balance sourced from other mines, according to the report, and among the total sales, met coal sales from Yancoal Australia increased 21% on year to 6.98