Yancoal Australia Ltd's stock surged 15.01% during intraday trading on Monday, marking a significant upward movement for the coal mining company.

The sharp rise in Yancoal's share price comes as Australian coal miners broadly advance, tracking gains in underlying commodity prices. The most active China coking coal contract rose nearly 8%, driving investor interest in coal mining stocks.

Other Australian coal miners including New Hope and Whitehaven Coal also advanced significantly, with all three miners among the top movers on the broader benchmark despite overall market weakness.