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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:

All Run of Mine ("ROM") and saleable figures reported on a 100% basis. Total recoverable reserves are inclusive of the coal resources and reported on a 100% basis for each deposit. Coal Reserves are as at 31 December 2017, with the exception of Mount Thorley Warkworth and Hunter Valley Operations, which are as at 31 December 2016.

Moolarben

81% owned, open cut and underground, thermal coal

14.7Mt ROM, 12.4Mt Saleable - December 2017

267.0Mt Total recoverable reserves - December 2017

Stratford / Duralie

100% owned, open cut, high fluidity semi-hard coking and thermal coals

0.9Mt ROM, 0.7Mt Saleable -  December 2017

44.0Mt Total recoverable reserves - December 2017

Yarrabee

100% owned, open cut, ultra low volatile semi-anthracite PCI thermal coals

3.4Mt ROM, 2.9Mt Saleable - December 2017

56.0Mt Total recoverable reserves Dec 2017

MOUNT THORLEY WARKWORTH

82.9% Yancoal owned, consisting of Mount Thorley (Yancoal 80% ownership) and and Warkworth (Yancoal 84.5% ownership)

5.8Mt ROM, 3.9Mt Saleable - from 1 September 2017

348Mt Total recoverable reserves December 2016

HUNTER VALLEY OPERATIONS

Joint venture between Yancoal Australia Ltd (51%) and Glencore Coal Pty Ltd (49%)

6.2Mt ROM, 4.8Mt Saleable - from 1 September 2017

824Mt Total recoverable reserves December 2016

Middlemount joint venture

MIDDLEMOUNT 

~50% owned, open cut, hard coking coal and low volatile PCI coal

5.3Mt ROM, 3.9Mt Saleable - December 2017

68Mt Total recoverable reserves - December 2017

WATAGAN Sites MANAGED BY YANCOAL:

Ashton*

100% owned, underground, semi- soft coking coal

2.8Mt ROM, 1.2Mt Saleable - December 2017

15.0Mt Total recoverable reserves - December 2017

Austar*

100% owned, underground, semihard coking low ash high fluidity coal

2.0Mt ROM, 1.9Mt Saleable - December 2017

41.0Mt Total recoverable reserves - December 2017

Donaldson*

100% owned, underground, semisoft coking coal and thermal coal

 110.0Mt Total recoverable reserves - December 2017

*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.