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Yancoal

From Alfawiki
Yancoal
Company typePublic
IndustryCoal mining
Founded2004
Headquarters
Australia
Area served
New South Wales, Queensland, Western Australia
ProductsCoal
OwnerYankuang Group (majority shareholder)

Yancoal is a coal mining enterprise based in Australia, with operational sites located in New South Wales, Queensland, and Western Australia. The company is publicly traded on both the Australian Securities Exchange and the Hong Kong Stock Exchange, and its majority shareholder is the Yankuang Group.

History

Founded in 2004 through the purchase of the Austar coal mine situated in the Hunter Valley, Yancoal entered the public market by listing on the Australian Securities Exchange in June 2012. In September 2017, it expanded its portfolio by acquiring Coal & Allied from Rio Tinto. Later, in December 2018, Yancoal achieved dual listing status by also joining the Hong Kong Stock Exchange.

During the quarter ending June 2024, Yancoal's production of run-of-mine coal increased compared to the previous quarter.

New South Wales

Queensland

Western Australia

  • Premier Coal, acquired from Wesfarmers in September 2011

Former

  • Austar (ceased operations in 2021)
  • Donaldson (closed in 2016)