July 20 (Reuters) - Coal miner Yancoal Australia Ltd (YAL) cut its 2022 output forecast on Wednesday, after reporting a fall in first-half production, hurt by higher-than-expected rainfall, COVID-19-led labour shortages and cost pressures.
The company, which is subject to a potential takeover by China's Yankuang Energy 600188.SS 1171.HK , said it now expects 31-33 million tonnes of attributable saleable coal production for the full year, down from an earlier forecast of 35-38 million tonnes.
July 20 (Reuters) - Coal miner Yancoal Australia Ltd (YAL) cut...
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$5.43 |
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Mkt cap ! $7.169B | |||
| Open | High | Low | Value | Volume |
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| YAL (ASX) Chart |