Australia’s Yancoal says Austar mine to restart production

Coal miner Yancoal Ltd said on Tuesday that it will restart its Austar coking coal mine in New South Wales state after receiving regulatory approval to resume production.
Work at the mine was halted in early July following a safety dispute with the New South Wales Resources Regulator.
Employees from the mine who were redeployed to other operations during a stand-down period will be recalled, the company said in a statement.
Reuters reports that Austar employs 205 people.
Yancoal applied for a dual listing on the Hong Kong Stock Exchange (HKEX) last month.
The company is a unit of China’s Yanzhou Coal Mining Co Ltd.
•••Tasmanian nickel mine to restart Also, privately held Dundas Mining is restarting its Avebury nickel mine in Tasmania early next year and Swiss trading house Transamine has secured the offtake, a source familiar with the matter said on Tuesday.
Avebury, which had most recently been owned by China-backed MMG, was sold to Dundas last year and has been on care and maintenance since 2009.
According to the source, the mine will produce around 7, 000 t to 8, 000 t of nickel and Transamine has secured offtake for the full amount.
The concentrate will be sold into the battery and stainless steel markets.
The trading house will provide a line of finance in double digit millions of dollars, the person said.

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