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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 3,000 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

85% owned, open cut and underground, thermal coal

18.6Mt ROM, 16.5Mt Saleable - 2018

274.0Mt Total recoverable reserves - 31 December 2018

Stratford / Duralie

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

0.7Mt ROM, 0.5Mt Saleable -  2018

44.0Mt Total recoverable reserves - 31 December 2018

Yarrabee

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

3.4Mt ROM, 2.6Mt Saleable - 2018

52.0Mt Total recoverable reserves 31 December 2018

MOUNT THORLEY WARKWORTH

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

17.6Mt ROM, 12.1Mt Saleable - 2018

315Mt Total recoverable reserves 31 December 2018

HUNTER VALLEY OPERATIONS

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

19.0Mt ROM, 13.3Mt Saleable - 2018

796Mt Total recoverable reserves 31 December 2018

Middlemount joint venture

MIDDLEMOUNT 

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

4.8Mt ROM, 3.8Mt Saleable - 2018

85Mt Total recoverable reserves - 31 December 2018

WATAGAN Sites MANAGED BY YANCOAL:

Ashton*

100% owned, underground, semi-soft coking coal

47.0Mt Total recoverable reserves - 31 December 2018

Austar*

100% owned, underground, semi-hard coking low ash high fluidity coal

40.0Mt Total recoverable reserves - 31 December 2018

Donaldson*

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

 110.0Mt Total recoverable reserves - December 2018

*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.