Yancoal drags Australian coal miners lower on weak results

Coronado Global Resources

20/08/2025 04:30

** Yancoal Australia YAL.AX, one of Australia's largest pure-play coal miners, falls as much as 10% to A$5.6

** Stock posts its biggest intraday pct loss since March 13

** Co posts first-half net profit after tax before non-recurring items of A$163 million ($104.89 million), a 61% drop from pcp

** Co says results impacted by lower coal prices and attributable sales volumes, says saw elevated global supply and subdued demand

** Coronado Global Resources CRN.AX falls 6.4%, while Whitehaven Coal WHC.AX down 0.5%

** Broader mining sub-index .AXMM down 1%

($1 = 1.5540 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))