Yancoal

Last updated

Yancoal
Type Dual-listed
ASX:  YAL
SEHK:  3668
Industry Mining
Founded2004
Headquarters,
Australia
Products Coal
Revenue$5.4 billion (2021)
$791 million (2021)
Number of employees
4,500 (2021)
Parent Yanzhou Coal (62.5%)
Website www.yancoal.com.au OOjs UI icon edit-ltr-progressive.svg

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.

Contents

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]

Assets

Current

New South Wales

Queensland

Western Australia

Former

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References

  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. About Ashton Coal
  7. Hunter Valley Operations Yancoal
  8. About Moolarben Coal
  9. Mount Thorley Warkworth Yancoal
  10. Stratford Duralie Yancoal
  11. Cameby Downs Yancoal
  12. Ownership Middlemount Coal
  13. Yarrabee Yancoal
  14. "Premier". Yancoal. Retrieved 17 September 2022.
  15. "Sale of Premier Coal". Wesfarmers. Archived from the original on 15 March 2017. Retrieved 17 September 2022.
  16. About Us Austar Coal Mine
  17. Yancoal closes 100 year old mine near Cessnock NBN News 27 February 2021
  18. About Donaldson Coal
  19. Yancoal's Donaldson coal to shut down Australian Mining 3 March 2016