YAL 1.65% $2.38 yancoal australia limited

News: YAL Yancoal Australia says quarterly sales volumes 4.74 mln tonnes

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

    • Says quarterly sales volumes (equity share) 4.74 million tonnes, down two percent on the year prior
    • Quarterly production of 3.88 million tonnes saleable coal, down eight percent on the year prior
    • Coal demand in Asia is still expected to be strong and continued growth in coal demand is expected in the future"
    • Says "gains are expected to be offset slightly by the challenges facing the coal industry "
                        
 
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