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Assets

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:

Moolarben

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

Stratford / Duralie

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

Yarrabee

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

 

Middlemount joint venture

MIDDLEMOUNT 

~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:

Ashton*

100% owned, underground, semi- soft coking coal

2.4Mt ROM, 1.1Mt Saleable - December 2016

51.0Mt Total recoverable reserves - December 2016

Austar*

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

Donaldson*

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.