Tag: Yancoal
Yancoal set to win bidding war for Rio Tinto’s thermal coal assets in Australia
The Board of Rio Tinto has once again recommended its shareholders to vote in favour of the sale of its Coal & Allied Industries...
Rio Tinto snubs Glencore, tells shareholders to vote for Yancoal’s C&A proposal
Rio Tinto has told its shareholders to vote in favour of Yancoal’s offer for its wholly-owned subsidiary Coal & Allied (C&A) despite receiving a...
Glencore tables US$2.55bn bid for Rio Tinto’s Coal & Allied
Commodities giant Glencore is looking to hijack Yancoal’s US$2.45 billion takeover deal for Rio Tinto’s Coal & Allied, offering US$100m more that the Chinese-controlled...
Mining accident at the Austar mine kills two men
An accident at Yancoal’s Austar mine claimed the lives of two miners who were working 500 metres below the surface when the accident occurred....
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