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Yancoal

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Yancoal
Company typeDual-listed
ASXYAL
SEHK3668
IndustryMining
Founded2004
Headquarters,
Australia
ProductsCoal
Revenue$5.4 billion (2021)
$791 million (2021)
Number of employees
4,500 (2021)
ParentYanzhou Coal (62.5%)
Websitewww.yancoal.com.au Edit this at Wikidata

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.

History

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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 (Mt) of run-of-mine (ROM) coal (an increase from the previous quarter’s 8.3Mt) during the June quarter with 8.6Mt.[6]

Assets

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Current

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New South Wales

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Queensland

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Western Australia

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Former

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References

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  1. ^ History Yancoal
  2. ^ Yancol Australia Limited Admission to Official List Australian Securities Exchange 26 June 2012
  3. ^ Rio Tinto waves goodbye to Coal & Allied Australian Mining 1 September 2017
  4. ^ Rio Tinto completes divestment of Coal & Allied Investments Limited for $2.69 Billion Rio Tinto 1 September 2017
  5. ^ Yancoal to dual list onto Hong Kong exchange Sydney Morning Herald 2 July 2018
  6. ^ Thomson, Olivia (22 July 2024). "Solid production for Yancoal and Whitehaven". Australian Mining. Retrieved 26 July 2024.
  7. ^ About Ashton Coal
  8. ^ Hunter Valley Operations Yancoal
  9. ^ About Moolarben Coal
  10. ^ Mount Thorley Warkworth Yancoal
  11. ^ Stratford Duralie Yancoal
  12. ^ Cameby Downs Yancoal
  13. ^ Ownership Middlemount Coal
  14. ^ Yarrabee Yancoal
  15. ^ "Premier". Yancoal. Retrieved 17 September 2022.
  16. ^ "Sale of Premier Coal". Wesfarmers. Archived from the original on 15 March 2017. Retrieved 17 September 2022.
  17. ^ About Us Austar Coal Mine
  18. ^ Yancoal closes 100 year old mine near Cessnock NBN News 27 February 2021
  19. ^ About Donaldson Coal
  20. ^ Yancoal's Donaldson coal to shut down Australian Mining 3 March 2016