Suitable growth opportunities as they arise

Bulk cash, good cash flow and optimistic outlook make Yancoal a Bowen Basin contender

This week, Chinese-owned thermal coal miner Yancoal has signalled that it is on the prowl for good coal mining assets, following a fortnight of speculation that it could be a potential buyer of Anglo American's Bowen Basin coal business.

The company enjoyed an 18% increase in saleable coal production compared to the same period last year and has enjoyed historically high coal prices of around