Yancoal Australia

Inner Mongolia North Hauler Joint Stock Co (NHL) won a 1 billion yuan ($142 million) contract to supply nine NTE360A electric mining trucks to Warkworth Mining Ltd, a subsidiary of Yancoal Australia, for use in New South Wales coal mines. Deliveries will be in shipments in 2020.

Yancoal Australia exercised a call option to acquire Mitsubishi Development's near-29% stake in the Warkworth joint venture for $230 million, increasing its stake to 84.5%. The deal is expected to close by early March 2018.

Yancoal Australia exercised its option to buy a 29% stake in the Warkworth coal mine from Mitsubishi Corp for $230 million, increasing its stake to about 85%.

Mitsubishi Development accepted Yancoal Australia's offer to acquire its 32.4% interest in the Hunter Valley Operations Joint Venture in New South Wales for $710 million. The deal also includes a call option for Yancoal to purchase Mitsubishi's 28.9% interest in the Warkworth operation for $230 million.