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Yancoal seeks expansion in Hunter Valley with $710m bid for Mitsubishi’s mines

Cecilia Jamasmie | May 25, 2017 | 5:58 am Energy Top Companies Asia Australia China Europe Coal 

Yancoal (ASX:YAL), the subsidiary of China’s Yanzhou Coal Mining that is buying Rio Tinto’s thermal coal assets in Australia’s Hunter Valley, is now going after Mitsubishi’s mines in the area. The coal miner offered the Japanese company Thursday $710 million for its...

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