Yanzhou faces FIRB hurdle on Yancoal

Chinese coal giant's push to privatise its Australian offshoot could hit roadblock, analyst says.

Chinese giant Yanzhou Coal Mining's plans to take full control of its Australian offshoot Yancoal could face a potential roadblock from the Foreign Investment Review Board.

Yanzhou, which already owns 78% of the local miner, has approached Yancoal with a proposal to fully privatise the company.


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