Feb 16 (Reuters) - Yancoal Australia Ltd (YAL) :
- NEW SOUTH WALES COAL RESERVATION POLICY
- WAS ADVISED BY NEW SOUTH WALES GOVERNMENT THAT IT INTENDED TO INTRODUCE A PRICE CAP AND COAL RESERVATION POLICY
- TO MAKE AVAILABLE UP TO 310,000 TONNES OF COAL PER QUARTER TO DOMESTIC POWER GENERATORS FROM ATTRIBUTABLE SALEABLE PRODUCTION
- COAL SOLD UNDER THIS POLICY IS SUBJECT TO A PRICE CAP OF A$125/TONNE DELIVERED FOR 5,500 KCAL/KG PRODUCTS, ENERGY-ADJUSTED
- REQUIREMENT TO RE-DIRECT COAL INTO DOMESTIC SUPPLY CHAIN PRESENTS SIGNIFICANT LOGISTICAL CHALLENGES
- WILL CONTINUE ENGAGING WITH THE NSW GOVERNMENT TO ADDRESS ANY UNINTENDED IMPACTS OF THE POLICY
- COMPANY WILL BE IN BETTER POSITION TO EVALUATE LOGISTICAL IMPACTS AFTER OPERATING UNDER POLICY FOR A SUFFICIENT PERIOD
- COMPENSATION MAY BE MADE AVAILABLE IN CERTAIN CIRCUMSTANCES, SUCH AS WHERE COSTS EXCEED CAPPED PRICE OF COA
- TOLD BY NSW GOVERNMENT CO WILL NOT BE COMPENSATED FOR DIFFERENCE BETWEEN MARKET RATES AND PRICE IT GETS SELLING VOLUMES UNDER POLICY
- HAS YET TO SEE FINAL FRAMEWORK GUIDING COMPENSATION AND UNDERSTANDS THIS MAY NOT BE FINALISED FOR SOME WEEKS
- WILL CONTINUE ENGAGING WITH NSW GOVERNMENT ON COMPENSATION THAT COMPANY SHOULD RECEIVE FOR LOSSES INCURRED DUE TO POLICY
(([email protected];))
Feb 16 (Reuters) - Yancoal Australia Ltd (YAL) : NEW SOUTH...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$5.43 |
Change
-0.110(1.99%) |
Mkt cap ! $7.169B | |||
| Open | High | Low | Value | Volume |
| $5.57 | $5.59 | $5.41 | $24.55M | 4.495M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 47608 | $5.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.46 | 5535 | 1 |
View Market Depth
| Last trade - 16.17pm 22/08/2025 (20 minute delay) ? |
| YAL (ASX) Chart |