Senior Independent Director John Varley has resigned as a Non-Executive Director.
Rio Tinto is recommending Yancoal’s proposal to its shareholders.
The company anticipates that the acquisition will result in growth opportunities throughout the Western US.
More Coal news
The World Coal Association (WCA) has signed on to the United Nations Global Compact, the world’s largest and most widely embraced corporate citizenship initiative.
The company has been awarded funding for a metal separation and purification process from coal mining refuse.
Mitsubishi Corp. has reached an agreement to sell its interests in the Hunter Valley operations and Warkworth coal mines in Australia.
The International Centre of Excellence on Coal Mine Methane in Poland has been officially launched, representing a milestone as the first of its kind in the industry.
The US Department of Energy’s Office of Fossil Energy invests US$6.9 million into rare earth element research through two funding opportunities.