Yancoal completes acquisition of additional Moolarben Joint Venture stake
Yancoal Australia Ltd (Yancoal) announced the completion of its acquisition of an additional 3.75% stake in the Moolarben Joint Venture (MJV). This transaction increases Yancoal's economic interest in the MJV to 98.75%. The effective economic interest date for this acquisition is 1 January 2025, allowing Yancoal to immediately consolidate attributable production and revenue from this low-cost, tier-1 asset into its financial results.
The total cash consideration for the acquisition is A$110.5 million. This sum comprises an initial A$25 million cash payment made on completion, with the remaining A$85.5 million to be paid through coal price-linked quarterly instalments over a five-year period. The purchase will be funded by Yancoal's existing cash holdings and future operating cash flows. This strategic move was initially announced on 18 July 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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