YAL yancoal australia limited
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News: YAL Yancoal Australia Posts Qtrly Saleable Coal Production Of 13.3Mt

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    20/04/20
    19:00
    Post #: 44149714

    April 20 (Reuters) - Yancoal Australia Ltd (YAL) :

    • QTRLY 13.3MT SALEABLE COAL PRODUCTION, UP 2% FROM 1Q 2019
    • OUTLOOK FOR THERMAL COAL DEMAND AND PRICING OVER REMAINDER OF 2020 IS INCREASINGLY UNCERTAIN
    • QTRLY 16.0MT ROM COAL PRODUCTION, DOWN 8% FROM 1Q 2019
    • ALL MINES CONTINUE TO OPERATE WITH NO MATERIAL PRODUCTION IMPACT SO FAR
    • WILL BE INCIDENTAL OPERATING COSTS INCURRED RESPONDING TO PANDEMIC
    • AT DEC 31, 2019, CO HAD CASH AND CASH EQUIVALENTS OF $962 MILLION, AND UNDRAWN DEBT FACILITIES
    • CAPEX CONTINGENCY MEASURES UNDER CONSIDERATION
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