https://newsletter-mw.creamermedia.com
Coal|Energy|Resources
Coal|Energy|Resources
coal|energy|resources

Yancoal Australia inks $2.4bn deal to acquire Kestrel coking coal mine

Kestrel mine, in Queensland

Kestrel mine, in Queensland

14th April 2026

By: Reuters

  

Font size: - +

Yancoal Australia said on Tuesday it has entered a deal to acquire an 80% stake in the Kestrel coking coal mine in Queensland for up to $2.4-billion - a move that strengthens its position as one of the country's largest coal miners.

The company will purchase the majority stake in the Bowen Basin-based mine from private equity firm EMR Capital and Alamtri Resources Indonesia, the current stakeholders.

The remaining 20% is held by Japanese trading house Mitsui & Co.

Yancoal, which is controlled by China's Yankuang Energy, said the acquisition would strengthen its position in the Bowen Basin, with Kestrel located near Yancoal’s existing Middlemount joint venture and Yarrabee operation.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Axiom Hydraulics
Axiom Hydraulics

Axiom Hydraulics is a trusted leader in South Africa’s hydraulic industry, delivering world-class components, systems, and engineering expertise...

VISIT SHOWROOM 
AQS Liquid Transfer
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.069 0.972s - 105pq - 2rq
Subscribe Now