Yancoal Australia to buy 80% stake in Kestrel coal mine for up to $2.4 billion

Yancoal Australia , said on Tuesday ​it has entered a deal ‌to acquire an 80% stake in the Kestrel coking coal mine in ​Queensland for up to $2.4 billion, ​a move that strengthens its position ⁠as one of the country's ​largest coal miners.