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Yancoal’s Kestrel expansion brings related-party coal sales to a crucial vote
7:47pm on Friday 23rd of October, 2026 AEDT
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Mining
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Yancoal’s Kestrel expansion brings related-party coal sales to a crucial vote
7:47pm on Friday 23rd of October, 2026 AEDT
Key Points
US$300 million annual cap for Yankuang Energy sales and US$900 million for YIT-linked sales
Proposed contracts cover 6 million tonnes a year, plus up to 2 million tonnes of spot opportunities
Kestrel subsidiaries required to guarantee and secure Yancoal acquisition financing
Yankuang Energy’s 62.26% stake will not count on related-party resolutions
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Yancoal Australia (ASX:YAL)
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