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Coal & Allied

From Wikipedia, the free encyclopedia

Coal & Allied
ASX: CNA
IndustryMining
Founded2 May 1960
Headquarters
Australia
ProductsCoal
ParentYancoal
Websitewww.coalandallied.com.au

Coal & Allied is an Australia coal mining company. Operating mines in the Hunter Valley, it is a subsidiary of Yancoal.

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Transcription

History

Coal & Allied was formed in 1960 when Caledonian Collieries and J & A Brown & Abermain-Seaham Collieries merged.[1] Howard Smith owned 50%.[2][3]

In December 2011, Rio Tinto Coal Australia took full ownership with Coal & Allied delisted from the Australian Securities Exchange.[4] In September 2017, Coal & Allied was sold by Rio Tinto to Yancoal.[5][6][7]

Assets

Current

  • Hunter Valley Operations mine: 67.6%
  • Mount Thorley mine: 80%[8]
  • Port Waratah Coal Services: 36.5%
  • Warkworth mine: 55.6%

Former

References

  1. ^ Coal monopoly a menace to the people's well-being Tribune 16 March 1960 page 5
  2. ^ Coal & Allied Rebuilds in Hunter Australian Financial Review 30 September 1988
  3. ^ Farquar, Ian (2002). Howard Smith Shipping: Enterprise & Diversity 1854-2001. Caulfield South: Nautical Association of Australia. ISBN 0959907955.
  4. ^ Coal & Allied Industries Limited: Removal from Official List Australian Securities Exchange 16 December 2011
  5. ^ Rio Tinto waves goodbye to Coal & Allied Australian Mining 1 September 2017
  6. ^ Rio Tinto completes divestment of Coal & Allied Investments Limited for $2.69 Billion Rio Tinto 1 September 2017
  7. ^ History Yancoal
  8. ^ About Us Mount Thorley Workworth
  9. ^ Whitehaven Completes Vickey Transaction Whitehaven Coal 4 February 2010
This page was last edited on 1 November 2023, at 18:32
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