Yancoal

Yancoal is an Australian coal mining company operating mines in New South Wales, Queensland and Western Australia. A dual-listed company on the Australian Securities Exchange and the Hong Kong Stock Exchange, Yancoal is majority owned by the Yankuang Group.

Yancoal

Company type	Dual-listed
Traded as	ASX: YAL SEHK: 3668
Industry	Mining
Founded	2004
Headquarters	Sydney , Australia
Products	Coal
Revenue	$5.4 billion (2021)
Net income	$791 million (2021)
Number of employees	4,500 (2021)
Parent	Yanzhou Coal (62.5%)
Website	www.yancoal.com.au

History

Yancoal was established in 2004 with the acquisition of the Austar coal mine in the Hunter Valley.^[1] In June 2012 it was listed on the Australian Securities Exchange.^[2] In September 2017 Coal & Allied was purchased by Yancoal from Rio Tinto.^[3][4] In December 2018 Yancoal became a dual-listed company when it was listed on the Hong Kong Stock Exchange.^[5]

Yancoal produced 13.9 million tonnes (31 billion pounds) of run-of-mine coal (an increase from the previous quarter’s 8.3 million tonnes or 18 billion pounds) during the June 2024 quarter with 8.6 million tonnes (19 billion pounds).^{[incomprehensible][6]}

Assets

Current

New South Wales

• Ashton^[7]
• Hunter Valley Operations (49%) with Glencore^[8]
• Moolarben^[9]
• Mount Thorley Warkworth^[10]
• Stratford Duralie^[11]

Queensland

• Cameby Downs^[12]
• Middlemount (50%) with Peabody^[13]
• Yarrabee^[14]

Western Australia

• Premier Coal, purchased from Wesfarmers in September 2011^[15][16]

Former

• Austar^[17][18]
• Donaldson^[19][20]