Company type | Dual-listed |
---|---|
ASX: YAL SEHK: 3668 | |
Industry | Mining |
Founded | 2004 |
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 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 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]
BHP, officially named BHP Group Limited and formerly known as BHP Billiton, is an Australian multinational mining and metals public company headquartered in Melbourne, Australia.
Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation. It was founded in 1873 when a group of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government. It has grown through a long series of mergers and acquisitions. Although primarily focused on extraction of minerals, it also has significant operations in refining, particularly the refining of bauxite and iron ore. It has joint head offices in London, England and Melbourne, Australia.
Aluminum Corporation of China Limited, is a multinational aluminium company headquartered in Beijing, People's Republic of China. It is a public company, listed in Hong Kong and in New York. In 2021, it was the world's largest aluminum producer, ahead of China Hongqiao Group, Rusal and Shandong Xinfa.
Rio Tinto Coal Australia (RTCA) was an Australian coal mining organisation, that was part of the worldwide Rio Tinto Group. In 2018, Rio Tinto completed the sale of its remaining assets
The Bowen Basin contains the largest coal reserves in Australia. This major coal-producing region contains one of the world's largest deposits of bituminous coal. The Basin contains much of the known Permian coal resources in Queensland including virtually all of the known mineable prime coking coal. It was named for the Bowen River, itself named after Queensland's first Governor, Sir George Bowen.
The Minerals Council of Australia (MCA) is an industry association, notable for representing companies that generate most of Australia's mining output. The MCA was founded in 1995, succeeding the Australian Mining Industry Council which was established in 1960. It is unrelated to the former Australian Minerals Council, which was established in 1946 as an intergovernmental forum between state and federal government ministers.
Coal & Allied is an Australia coal mining company. Operating mines in the Hunter Valley, it is a subsidiary of Yancoal.
Kitchener is a small town in the City of Cessnock, in the Hunter Region in the state of New South Wales, Australia. Kitchener is located 5 kilometres south of the town of Cessnock, NSW and is adjacent to Werakata National Park and the Aberdare State Forest.
÷Some of the more notable coal companies in Australia are the following:
The Ashton coal mine is located in New South Wales, Australia. The mine is located next to Camberwell in the Upper Hunter Valley region, 15 km northwest of Singleton and 32 km southeast of Muswellbrook. The mine has coal reserves amounting to 322.5 million tonnes of coking coal. The mine applies longwall mining and currently has an annual production capacity of 3 million tonnes.
Stratford Duralie is a coal mine located in the New South Wales. The mine has coal reserves amounting to 322.3 million tonnes of coking coal, one of the largest coal reserves in Asia and the world. The mine has an annual production capacity of 5 million tonnes of coal.
The Yarrabee Coal Mine is a coal mine located in the Bowen Basin in Jellinbah in Central Queensland, Australia. The mine has coal reserves amounting to 180.6 million tonnes of Thermal and Coking coal, one of the largest coal reserves in Asia and the world. The mine has an annual production capacity of 3.2 million tonnes of coal. The coal is primarily sold for use as PCI coal in steel making.
The Middlemount Coal Mine is an open-cut mine located approximately 90 kilometres north-east of Emerald and some 7 kilometres west of the township of Middlemount in Queensland's Bowen Basin.
The Bowen Basin Coalfields contains the largest coal reserves in Australia. This major coal-producing region contains one of the world's largest deposits of bituminous coal. The Basin contains much of the known Permian coal resources in Queensland including virtually all of the known mineable prime coking coal. It was named for the Bowen River, itself named after Queensland's first Governor, Sir George Bowen.
Quorrobolong is a small locality in the Hunter Region of New South Wales, Australia. It is located 11 km (7 mi) southeast of the town of Cessnock and is adjacent to Watagans National Park.
Bulga is a locality in the Singleton Council region of New South Wales, Australia. It had a population of 354 as of the 2016 census. The name is derived from an Aboriginal word for "mountain" or "isolated hill or mountain".
Warkworth is a locality in the Singleton Council region of New South Wales, Australia. It had a population of 49 as of the 2016 census.
Wendy Bowman was an Australian farmer and environmentalist in New South Wales who successfully campaigned to prevent Yancoal from developing coal mining in the Hunter Valley. In recognition of her efforts, she was awarded the Goldman Environmental Prize in 2017.
NRW Holdings is a construction and mining contractor with its headquarters in Perth, Western Australia.