Australian coal miners jump as prices surge after Indonesian miners halt exports

Coronado Global Resources

04/02/2026 03:45

** Australian coal miners rise as coal prices gain nearly 5.1%
** Miners in Indonesia, the world's largest exporter, halt spot coal exports over a government proposal to cut output
** Yancoal Australia YAL.AX gains as much as 7.4% to A$6.21, posting its biggest intraday pct jump since Feb 21, 2025

** Whitehaven Coal WHC.AX rises 2.5%, Coronado Global Resources CRN.AX up 1.3%

** Broader mining-sub index .AXMM up 3.6% as metals rally resumes

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))