Yancoal
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Yancoal is an Australian
coal mining Coal mining is the process of resource extraction, extracting coal from the ground or from a mine. Coal is valued for its Energy value of coal, energy content and since the 1880s has been widely used to Electricity generation, generate electr ...
company operating mines in
New South Wales New South Wales (commonly abbreviated as NSW) is a States and territories of Australia, state on the Eastern states of Australia, east coast of :Australia. It borders Queensland to the north, Victoria (state), Victoria to the south, and South ...
,
Queensland Queensland ( , commonly abbreviated as Qld) is a States and territories of Australia, state in northeastern Australia, and is the second-largest and third-most populous state in Australia. It is bordered by the Northern Territory, South Austr ...
and
Western Australia Western Australia (WA) is the westernmost state of Australia. It is bounded by the Indian Ocean to the north and west, the Southern Ocean to the south, the Northern Territory to the north-east, and South Australia to the south-east. Western Aust ...
. A
dual-listed company A dual-listed company or DLC is a corporate structure in which two corporations function as a single operating business through a legal equalization agreement, but retain separate legal identities and stock exchange listings. Virtually all DLCs a ...
on the
Australian Securities Exchange Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or c ...
and the
Hong Kong Stock Exchange The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market ...
, Yancoal is majority owned by the Yankuang Group.


History

Yancoal was established in 2004 with the acquisition of the Austar coal mine in the
Hunter Valley The Hunter Region, also commonly known as the Hunter Valley, Newcastle Region, or simply Hunter, spans the region in northern New South Wales, Australia, extending from approximately to north of Sydney. It contains the Hunter River and its ...
. In June 2012 it was listed on the
Australian Securities Exchange Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or c ...
. In September 2017 Coal & Allied was purchased by Yancoal from Rio Tinto. In December 2018 Yancoal became a
dual-listed company A dual-listed company or DLC is a corporate structure in which two corporations function as a single operating business through a legal equalization agreement, but retain separate legal identities and stock exchange listings. Virtually all DLCs a ...
when it was listed on the
Hong Kong Stock Exchange The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market ...
. Yancoal produced of run-of-mine coal (an increase from the previous quarter’s ) during the June 2024 quarter


Assets


Current


New South Wales

* Ashton *Hunter Valley Operations (49%) with
Glencore Glencore plc is an Anglo-Swiss Multinational corporation, multinational commodity trading and mining company with headquarters in Baar, Switzerland, Baar, Switzerland. Glencore's oil and gas headquarters are in London, London, England as well a ...
* Moolarben *Mount Thorley Warkworth * Stratford Duralie


Queensland

* Cameby Downs *
Middlemount Middlemount is a rural town and Suburbs and localities (Australia), locality in the Isaac Region, Queensland, Australia. In the , the locality of Middlemount had a population of 1,899 people. It is nicknamed the "Giant Peanut" by some locals du ...
(50%) with Peabody *
Yarrabee Yarrabee Wesfarmers Reserve is a 9.23 km2 nature reserve in south-west Western Australia. It is 120 km north-east of Albany and 481 km south-east of Perth. It lies on the eastern boundary of the Stirling Range National Park, and ...


Western Australia

*Premier Coal, purchased from
Wesfarmers Wesfarmers Limited is an Australian conglomerate, headquartered in Perth, Western Australia. It has interests predominantly in Australia and New Zealand, operating in retail, chemical, fertiliser, industrial and safety products. With revenue o ...
in September 2011


Former

*
Austar Austar was an Australian telecommunications company founded in 1995 as Community Entertainment Television (CETV). Its main business activity was subscription television. It was also involved with internet access and mobile phones. Austar's tel ...
*DonaldsonYancoal's Donaldson coal to shut down
''Australian Mining'' 3 March 2016


References

{{Mining companies of Australia, state=collapsed Coal companies of Australia Companies based in Sydney Companies listed on the Australian Securities Exchange Companies listed on the Hong Kong Stock Exchange Dual-listed companies Non-renewable resource companies established in 2004 2004 establishments in Australia