Yancoal is an Australian

coal mining Coal mining is the process of extracting coal from the ground. Coal is valued for its energy content and since the 1880s has been widely used to generate electricity. Steel and cement industries use coal as a fuel for extraction of iron from ...

company operating mines in

New South Wales ) , nickname = , image_map = New South Wales in Australia.svg , map_caption = Location of New South Wales in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , es ...

Queensland ) , nickname = Sunshine State , image_map = Queensland in Australia.svg , map_caption = Location of Queensland in Australia , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , established_ ...

and

Western Australia Western Australia (commonly abbreviated as WA) is a state of Australia occupying the western percent of the land area of Australia excluding external territories. It is bounded by the Indian Ocean to the north and west, the Southern Ocean to th ...

. A

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 ar ...

on the

Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...

and the

Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...

, 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 The Hunter Region, also commonly known as the Hunter Valley, is a region of New South Wales, Australia, extending from approximately to north of Sydney. It contains the Hunter River and its tributaries with highland areas to the north and so ...

. In June 2012 it was listed on the

. In September 2017

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. H ...

was purchased by Yancoal from

Rio Tinto Rio Tinto, meaning "red river", may refer to: Businesses * Rio Tinto (corporation), an Anglo-Australian multinational mining and resources corporation ** Rio Tinto Alcan, based in Canada ** Rio Tinto Borax in America *** Rio Tinto Borax Mine, ...

. In December 2018 Yancoal became a

when it was listed on the

Assets

Current

New South Wales

* Ashton *Hunter Valley Operations (51%) with

Glencore Glencore plc is a Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland. Glencore's oil and gas head office is in London and its registered office is in Saint Helier, Jersey. The current company was c ...

* Moolarben (95%) *Mount Thorley Warkworth (80%) * Stratford Duralie

Queensland

* Cameby Downs *

Middlemount Middlemount is a rural town and locality in the Isaac Region, Queensland, Australia. In the the locality of Middlemount had a population of 1,841 people. It is nicknamed the "Giant Peanut" by some locals due to its peanut-shaped road layout. ...

(50%) with Peabody *

Yarrabee Yarrabee Wesfarmers Reserve is a 9.23 km2 nature reserve in south-west Western Australia. It is 120 km north-east of Albany, Western Australia, Albany and 481 km south-east of Perth. It lies on the eastern boundary of the Stirlin ...

Western Australia

*Premier, purchased from

Wesfarmers Wesfarmers Limited is an Australian conglomerate, headquartered in Perth, Western Australia. It has interests predominantly in Australia and New Zealand, operating in retail, chemical, fertiliser, industrial and safety products. With revenue o ...

in September 2011

Former

Austar Austar was an Australian telecommunications company. Its main business activity was subscription television but it has also been involved with internet access and mobile phones. It was founded in 1995 under the name Community Entertainment Tele ...

*DonaldsonYancoal's Donaldson coal to shut down
''Australian Mining'' 3 March 2016

References

{{Mining companies of Australia, state=collapsed Coal companies of Australia Companies based in Sydney Companies listed on the Australian Securities Exchange Companies listed on the Hong Kong Stock Exchange Dual-listed companies Non-renewable resource companies established in 2004 2004 establishments in Australia