Yancoal remains steadfast in its commitment to implementing a long-term strategy for growth and opportunity.
As we continue to build our business, we are implementing operational efficiencies, reducing costs, sharing services, and providing our customers with the certainty of quality product and delivery. Our long-term business priorities are:
Yancoal continues to strengthen its relationships with established customers throughout the key markets of China, Japan, Korea and Taiwan, while generating new opportunities across the territories of India and Vietnam. Wholly owned subsidiary Yancoal Australia Sales Pty Ltd, facilitates the sale of Yancoal, Watagan and Yanzhou coal blends.
Maximising blending opportunities across Yancoal-controlled and managed NSW operations, Yancoal remains focused on producing quality thermal, semi-soft and semi-hard coking coals to meet changing demands throughout established and new market territories. Yancoal upholds a proven history of efficient delivery and adaptability.
The proven delivery of the tier one Moolarben Stage Two projects on time and budget, demonstrate Yancoal’s commitment to efficient and robust project management. The Company continues to pursue new approvals, enabling future optionality and expansion via organic growth. Yancoal will continue to progress its pipeline of future projects to meet market needs.
4 Talented Personnel
Yancoal remains committed to developing the skills of its people, working together to build a robust culture of respect, transparency and efficiency, while continuing to employ and retain the right people with the rights skills to grow our business into the future.
5 Cost Reduction
Yancoal continues to implement new efficiencies across all operations, maintaining its long-term commitment to reducing costs to support future growth and capital improvements. Yancoal continues to strategically address its existing take-or-pay arrangements in the interests of securing long-term financial arrangements to benefit the Company and its shareholders.
Asset portfolio and capital structure
Yancoal continues to take decisive action to strengthen its capital structure and portfolio of assets, with a focus on strategic organic and acquisitive growth opportunities.
Business transparency, compliance and efficiency
Yancoal operates its 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.