Operating five mines and managing five others across New South Wales, Queensland and Western Australia, Yancoal also has a ~50% share in the Middlemount joint venture.
Yancoal currently employs approximately 5,500 people, sourcing the majority of its people from the local communities in which it operates.
Yancoal’s New South Wales region includes the mines of Hunter Valley Operations, Mount Thorley Warkworth, Moolarben and Stratford Duralie, with the Queensland region comprising of Yarrabee and the Middlemount Joint Venture.
Yancoal manages the Ashton, Austar and Donaldson mines in New South Wales on behalf of Watagan Mining Company Pty Ltd (Watagan) and the Cameby Downs and Premier coal mines in Queensland and Western Australia respectively, on behalf of its majority shareholder Yanzhou Coal Mining Company Limited (Yanzhou).
Sites OPERATED BY YANCOAL:
81% owned, open cut, thermal coal
12.2Mt ROM (9.9Mt equity share), 9.4Mt Saleable (7.5Mt equity share) - December 2016
278.0Mt Total recoverable reserves - December 2016
100% owned, open cut, high fluidity semi-hard coking and thermal coals
1.2Mt ROM, 0.9Mt Saleable - December 2016
45.0Mt Total recoverable reserves - December 2016
100% owned, open cut, ultra low volatile semi-anthracite PCI thermal coals
3.6Mt ROM, 3.1Mt Saleable - December 2016
41.0Mt Total recoverable reserves Dec 2016
Mount Thorley: Yancoal Australia Ltd (80 per cent) and POSCO Australia Pty Ltd (20 per cent).
Warkworth: CNA Warkworth Australasia Pty Limited (26.82 per cent), CNA Resources Limited (28.75 per cent), Mitsubishi Development Pty. Limited (28.9 per cent), Nippon Steel Australia Pty Limited (9.53 per cent) and Mitsubishi Materials (Australia) Pty Limited (6 per cent).
Joint venture between Yancoal Australia Ltd (51%) and Glencore Coal Pty Ltd (49%)
Middlemount joint venture
~50% owned, open cut, hard coking coal and low volatile PCI coal
5.3Mt ROM (2.7Mt equity share), 4.1Mt Saleable (2.1Mt equity share) - December 2016
73.0Mt Total recoverable reserves - December 2016
WATAGAN Sites MANAGED BY YANCOAL:
100% owned, underground, semi- soft coking coal
2.4Mt ROM, 1.1Mt Saleable - December 2016
51.0Mt Total recoverable reserves - December 2016
100% owned, underground, semihard coking low ash high fluidity coal
1.2Mt ROM, 1.1Mt Saleable - December 2016
46.0Mt Total recoverable reserves - December 2016
100% owned, underground, semisoft coking coal and thermal coal
0.3Mt ROM, 0.2Mt Saleable - December 2016
110.0Mt Total recoverable reserves - December 2016
*On and from financial close, effective from 31 March 2016, Yancoal ceased to control the Austar, Ashton and Donaldson assets, but remains the exclusive provider of mine management, marketing, infrastructure and other corporate support services under 10-year contracts.