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Yancoal
Yancoal is an Australian coal mining company operating mines in New South Wales, Queensland and Western Australia. A dual-listed company on the Australian Securities Exchange and the Hong Kong Stock Exchange, it is majority owned by Yanzhou Coal. History Yancoal was established in 2004 with the acquisition of the Austar coal mine in the Hunter Valley. In June 2012 it was listed on the Australian Securities Exchange. In September 2017 Coal & Allied was purchased by Yancoal from Rio Tinto. In December 2018 Yancoal became a dual-listed company when it was listed on the Hong Kong Stock Exchange. Assets Current New South Wales * Ashton *Hunter Valley Operations (51%) with Glencore * Moolarben (95%) *Mount Thorley Warkworth (80%) * Stratford Duralie Queensland * Cameby Downs *Middlemount (50%) with Peabody *Yarrabee Western Australia *Premier, purchased from Wesfarmers in September 2011 Former *Austar Austar was an Australian telecommunications company. Its main business a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yarrabee Coal Mine
The Yarrabee Coal Mine is a coal mine located in the Bowen Basin in Jellinbah in Central Queensland, Australia. The mine has coal reserves amounting to 180.6 million tonnes of Thermal and Coking coal, one of the largest coal reserves in Asia and the world. The mine has an annual production capacity of 3.2 million tonnes of coal. The coal is primarily sold for use as PCI coal in steel making. Product coal is road hauled 37 km to the Boonal Joint Venture rail load out where it is loaded onto trains and railed to the Port of Gladstone. It is then Shipped to customers worldwide. The open-cut mine is owned by Yancoal. After Cyclone Oswald caused severe flooding in Queensland in January 2013 the owners declared force majeure. While production at the mine was only halted for one day, the railway used to transport the coal to port was damaged. See also *Coal mining in Australia *List of mines in Australia This list of mines in Australia is subsidiary to the li ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal & Allied
Coal & Allied is an Australia coal mining company. Operating mines in the Hunter Region, it is a subsidiary of Yancoal. History Coal & Allied was formed in 1960 when Caledonian Collieries and J & A Brown & Abermain-Seaham Collieries merged. Howard Smith owned 50%. In December 2011, Rio Tinto Coal Australia took full ownership with Coal & Allied delisted from the Australian Securities Exchange. In September 2017, Coal & Allied was sold by Rio Tinto to Yancoal Yancoal is an Australian coal mining company operating mines in New South Wales, Queensland and Western Australia. A dual-listed company on the Australian Securities Exchange and the Hong Kong Stock Exchange, it is majority owned by Yanzhou Co .... Assets Current *Hunter Valley Operations mine: 67.6% *Mount Thorley mine: 80% *Port Waratah Coal Services: 36.5% *Warkworth mine: 55.6% Former * Maules Creek coal mine, sold to Whitehaven Coal February 2010 [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cameby Downs Coal Mine
The Cameby Downs Coal Mine is a coal mine located 16 km south-east of Miles on the Darling Downs in Queensland. The mine has coal reserves amounting to 688 million tonnes of thermal coal, one of the largest coal reserves in Asia and the world. Coal is extracted from the Juandah Formation in the Surat Basin. Mining operations began in 2010. The mine has an annual production capacity of 2 million tonnes of coal. It is owned by Yancoal. Cameby Downs was one of numerous Queensland mines closed during the 2010–11 Queensland floods. Syntech Resources, who owned the mine in 2009 and itself was owned by Goldman Sachs, announced plans for a significant expansion of production from 1.8. Exports from the mine leave via the Port of Brisbane. When the mine was constructed, the missing Wandoan-Moura Rail Link was expected to be completed, when Queensland Rail cancelled this, the mine was left with a much slower production rate and left to use the few remaining slots on the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austar Coal Mine
The Austar coal mine is a coal mine located near Paxton, New South Wales. The mine has coal reserves amounting to 221 million tonnes of coking coal, one of the largest coal reserves in Asia and the world. In 2012, the mine had an annual production capacity of 3 million tonnes of coal and employed 409 people. This colliery incorporates the former Pelton, Cessnock No.1 (Kalingo) and Ellalong collieries near Paxton, all of which had closed during the coal slumps, and was opened (or re-opened) in July 1979. The adjoining old Bellbird South colliery was later added, and the entire complex was renamed Southland colliery. In October 2004 there was an underground fire and the mine was sealed. The company, Gympie Gold, was forced into receivership and the mine was placed in a 'care and maintenance' position. In December 2004 the Chinese company Yancoal purchased the colliery, changed its name to Austar Coal Mine, and recommenced operations. It moved to care and maintenance in March 2020. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moolarben Coal Mine
The Moolarben Coal Mine is a coal mine located in the New South Wales. The mine has coal reserves amounting to 0.5 billion tonnes of raw coking coal Metallurgical coal or coking coal is a grade of coal that can be used to produce good-quality coke. Coke is an essential fuel and reactant in the blast furnace process for primary steelmaking. The demand for metallurgical coal is highly coupled .... The mine has an annual production capacity of 13 million tonnes of coal. References {{reflist Coal mines in New South Wales ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Middlemount Coal Mine
The Middlemount Coal Mine is an open-cut mine located approximately 90 kilometres north-east of Emerald and some 7 kilometres west of the township of Middlemount in Queensland's Bowen Basin. The mine produces medium-volatile pulverized coal injection (PCI) coal and semi-hard coking coal for the export market. Full scale operations at the open-cut mine commenced in November 2011. Production is expected to ramp up to approximately 3.6 Mtpa of saleable production by the middle of 2014. With JORC compliant measured and indicated resources and proved and probable ROM reserves of some 123 mt and 96 mt respectively at mine startup the current mine life is estimated to be in excess of 24 years. Middlemount Coal is a 50/50 joint venture between Peabody Energy and Yancoal. History Nathan Tinkler paid $11.5 million to Sennen Resources in 2006 for the undeveloped mine. In 2007, Tinkler sold a 30% share to the Hong Kong-based Noble Group for $50 million. Late ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duralie Coal Mine
The Duralie Coal Mine is a coal mine located in the New South Wales. The mine has coal reserves amounting to 322.3 million tonnes of coking coal, one of the largest coal reserves in Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area ... and the world. The mine has an annual production capacity of 5 million tonnes of coal. References {{Reflist Coal mines in New South Wales ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal Companies Of Australia
÷Some of the more notable coal companies in Australia are the following: Summary of coal companies Anglo Coal Australia Ltd Anglo Coal Australia Ltd owns and operates a number of mines in Queensland and New South Wales. Mines Callide mine: is a leading Queensland domestic coal producer providing low-sulphur, sub-bituminous thermal coal primarily for domestic power generation. The coalfields cover an area of 180 square kilometres and contain seams up to 26 metres thick. Annual production is 7 million tonnes per annum (Mtpa) of sub-bituminous thermal coal. At December 2014, estimates for ROM reserves are approximately 202 Mt of domestic and export thermal quality, with an additional 262 Mt of mineable in-situ resources outside the current mine layout. ;Capcoal: operates three underground mines and an open-cut mine which all produce premium quality hard coking coal for export steel markets. The majority of coal is mined from the German Creek Formation, noted for containing hard c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ashton Coal Mine
The Ashton coal mine is located in New South Wales, Australia. The mine is located next to Camberwell in the Upper Hunter Valley region, 15 km northwest of Singleton and 32 km southeast of Muswellbrook. The mine has coal reserves amounting to 322.5 million tonnes of coking coal. The mine applies longwall mining and currently has an annual production capacity of 3 million tonnes. Site services The site services of the mine are mainly located at the south of the New England Highway New England Highway is an long highway in Australia running from Yarraman, north of Toowoomba, Queensland at its northern end to Hexham at Newcastle, New South Wales at its southern end. It is part of Australia's National Highway system, an ..., which include the western ventilation fans, back road fans, main gas drainage plant, nitrogen plant and three borehole pumps. References {{reflist Coal mines in New South Wales ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yanzhou Coal
Yanzhou Coal Mining Company Limited (), majority owned by Yankuang Group, is a coal mining company in Mainland China. It is engaged in underground mining coal preparation and sales, and railway transportation service of coal. Its products are mainly low- sulphur coal which is suitable for large-scale power plant and for use in pulverized coal injection. Corporate governance Its headquarters is located in Zoucheng, Jining, Shandong. Its chairman is Mr. Zhang Xinwen. The company's parent and ultimate holding company is Yankuang Group Corporation Limited (a state-owned enterprise). Businesses Yanzhou Coal is principally engaged in underground coal mining, preparation and processing, sales, and railway transportation of coal. The company is organized into three operating divisions: coal mining, coal railway transportation and methanol and electrical power. The coal mining segment is engaged in the underground mining, preparation and sales of coal. The coal railway transportat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dual-listed Company
A dual-listed company or DLC is a corporate structure in which two corporations function as a single operating business through a legal equalization agreement, but retain separate legal identities and stock exchange listings. Virtually all DLCs are cross-border, and have tax and other advantages for the corporations and their stockholders. In a conventional merger or acquisition, the merging companies become a single legal entity, with one business buying the outstanding shares of the other. However, when a DLC is created, the two companies continue to exist, and to have separate bodies of shareholders, but they agree to share all the risks and rewards of the ownership of all their operating businesses in a fixed proportion, laid out in a contract called an "equalization agreement". The equalization agreements are set up to ensure equal treatment of both companies’ shareholders in voting and cash flow rights. The contracts cover issues that determine the distribution of these le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peabody Energy
Peabody Energy is a coal mining and energy company headquartered in St. Louis, Missouri. Its primary business consists of the mining, sale, and distribution of coal, which is purchased for use in electricity generation and steelmaking. Peabody also markets, brokers, and trades coal through offices in China, Australia, the United Kingdom, and the United States. In 2017, Peabody recorded sales of 191.5 million tons of coal. Peabody markets coal to electricity generating and industrial customers in more than 25 nations on six continents. As of December 31, 2017, the company had approximately 5.2 billion tons of proven and probable coal reserves. Peabody maintains ownership of majority interests in 23 surface and underground mining operations located throughout the United States and Australia. In the United States, company-owned mines are located in Alabama, Wyoming, Colorado, Arizona, New Mexico, Illinois, and Indiana. Peabody's largest operation is the North Antelope Rochelle Mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
