Coal producer, Yancoal Australia (ASX: YAL), has announced its December quarter production and sales volumes both increased by over 20%, compared to last year.
Yancoal says it increased sales volumes to 6.18 million tonnes, which was a jump of 25% from the year prior.
Production was largely bolstered by efficiency at Yancoal's open cut mine in the Moolarben complex, which is near Mudgee in New South Wales.
The company says Chinese and Indian demand also continued to drive positive improvements in global metallurgical and thermal coal prices.
Yancoal posted a net loss of $180 million at 30 June 2016.
