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Strategy

Yancoal remains steadfast in its commitment to implementing a long-term strategy for growth and opportunity.

With a commitment to continued strategic growth and maximising new opportunities, Yancoal remains focused on returning shareholder value and building its business as a leading competitor in global markets.

Supported by the core values of the Yancoal Way, the Board and management team remain focused on investing into the Australian resources sector, implementing operational efficiencies, reducing costs, sharing services, and providing all customers with the certainty of product quality and delivery.

Yancoal’s long-term business priorities are:

Markets
Strengthening the Company’s relationships with customers throughout the key thermal and coking coal markets of Korea, Japan, China, India and Taiwan, with the wholly-owned subsidiary Yancoal Australia Sales Pty Ltd, facilitating the sale of Yancoal, Watagan Mining and Yanzhou coal blends to all external parties.

Products
Maximising blending opportunities across Yancoal-controlled and managed operations, remaining focused on producing high quality thermal, semi-soft and semi-hard coking coals to meet increasing demand in established and new global markets.

Projects
Continued delivery of brownfield exploration and expansion projects on time and budget, via efficient and robust project management, enabling continued strategic organic growth to meet global market demand.

Talented Personnel
Attracting and developing the right people with the right skills, working together to build a robust culture of respect, transparency, diversity and efficiency.

Cost Reduction
Implementing operational efficiencies across all mines, maintaining a commitment to reduce costs and support future growth opportunities and capital improvement.

Business transparency, compliance and efficiency

Operating Yancoal’s site and corporate functions to the highest standards of corporate governance, reporting via transparent, compliant and efficient processes to meet the needs of all key stakeholders.