Yancoal Australia Limited - Profile Company Report Australia

31-12-2012, 10 pages

Yancoal Australia Limited is a public listed company that operates in the coal-mining industries. The Company operates seven coal mines in New South Wales and Queensland and has several exploration assets and projects under feasibility study. Yancoal Australia is listed on the Australian Securities Exchange under the ticker symbol YAL and is headquartered in Sydney.

Yancoal Australia Limited's major shareholder is the China-based Yanzhou Coal Mining Company Limited.

Yancoal Australia Limited operates in a support role for its subsidiary companies that are involved in the mining of coal. It provides the necessary financial, marketing, logistical and administrative support. The group's major Australian operations include:

Ashton Coal Mine, an open-cut coal mine located near Singleton in the Hunter Valley, NSW.
Austar Coal Mine, an underground coal mine, located west of Newcastle, NSW.
Yarrabee Coal Mine, an open-cut coal mine, located in the Bowen Basin, Queensland.
Moolarben Coal Mine, an open-cut and underground thermal coal mine, located in the north-east Hunter Valley, NSW.
Donaldson Coal , includes the Donaldson open-cut mine and the Abel and Tasman underground mines located near the Port of Newcastle.
Middlemount Mine, an open-cut coal mine located in the Bowen Basin, Queensland
Duralie, an open-cut mining operation, located in the Gloucester Basin north of Newcastle, producing high fluidity coking coal.
Stratford, an open-cut mining operation extracting coal from the upper and middle seams of the Gloucester Basin.
NCIG Coal Terminal: a terminal located at the Newcastle Port. Construction began in 2007 and the first shipment was loaded in March 2010. The final capacity of the terminal is 66 million tonnes per annuum. Yancoal's subsidiary Felix Resources is one of six companies involved in the project.
Ultra Clean Coal Project: a process for producing chemically cleaned coal that is used in gas turbines to create electricity with high efficiencies than through traditional coal fired power stations. The pilot plant is based in Cessnock, NSW in the Hunter Valley region.
Wiggins Island Coal Terminal: a joint effort amongst 8 coal companies to develop a coal export terminal in Gladstone.

Cameby Downs Mine, an open-cut thermal coal mine in Queensland and Premier Coal, an open-cut coal mine located in the Collie Coal Basin in Western Australia are both managed by Yancoal Australia on behalf of its majority shareholder, Yanzhou Coal Mining Company Ltd.

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