Coal Producer Yancoal Australia Sees Demand Rebounding



Yancoal Australia Ltd said on Tuesday it expects a rebound in demand for coal-fired electricity generation in 2021 as global economic conditions are set to improve.

Following China’s unofficial ban on coal imports from its major supplier Australia in the second half of 2020, Yancoal has been diversifying its customer base with sales made into India, Pakistan and South America which it intends to widen.

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