FOUNDED ON SHARED VALUES

Focused on Australian futures

FACT SHEET

OVERVIEW KEY EVENTS

Yancoal is a leading low-cost Australian coal producer in the global
seaborne market, producing a mix of premium thermal, semi-soft Delivered record revenue of over $5.4 billion and
coking and PCI coals for export. record Operating EBITDA of over $2.5 billion. 
Paid dividends to shareholders of $930 million
Since 2004, Yancoal has generated over $10 billion in Foreign Direct (or A$0.70/share).
Investment (FDI) for Australia and now owns, operates or participates in
nine producing coal mines across NSW, Queensland and Western Australia. Reconsolidated Watagan Assets (including
These operations support around 4,300 full time jobs, and in 2021 Ashton underground mine) and agreed to
generated $667 million in government contributions and created an execute US$775 million finance arrangement
with Shandong Energy Group.
overall value-added impact of $8.3 billion for the Australian economy.
Acquired additional 10% of Moolarben,
Yancoal has a diverse range of customers and in 2021 we sold our coal to taking interest to 95%.
19 countries.
Every year, Yancoal’s thermal coal provides power to millions of households Paid first dividends from profits and listed on
in the Asian region, and our metallurgical coal assists in the production of the HKEx. Acquired additional 4% of Moolarben,
taking interest to 85%.
millions of tonnes of steel. Over coming decades, we believe our coal will
continue to play a key role in delivering economic growth and improved
Acquired 100% of the shares of Coal & Allied (Mount
quality of life, especially in Asia. Thorley, Warkworth & Hunter Valley Operations).
Yancoal is committed to the Australian coal industry, and mining coal will Established HVO JV with Glencore Coal.
remain our core focus in the foreseeable future. To sustain our business well
into the future, we are also actively assessing renewable energy projects Acquired the Gloucester Group (Stratford/Duralie,
in Australia, whether to supply electricity to our existing operations or as a Donaldson & Middlemount), and listed on the ASX.
YANCOAL ESG REPORT 2021
beneficial land-use after mining has ended, and opportunities to expand into
other minerals and commodities. Yanzhou acquired Syntech (Cameby Downs)
in August and Premier in December: both mines
2021 FINAL DESTINATION FOR
Yancoal is a public company, listed on both the Australian Securities are managed by Yancoal.
Exchange (ASX: YAL) and the Stock Exchange of Hong Kong (HKSE: 3668),
COAL VOLUMES MANAGED
and is majority owned by Yankuang Energy Group Company Limited. Acquired Felix mines (Moolarben, Yarrabee,
BY YANCOAL MARKETING 2
Ashton & Minerva).

OTHER/UNKNOWN Yanzhou Coal Mining Company Limited acquired

9% JAPAN Austar mine, creating Yancoal.
SOUTH EAST ASIA 21%

STRATEGIC ADVANTAGES
11%

People – Yancoal attracts, retains and develops people with the right
2021 skills. Our assets deliver because our people are skilled, innovative
EXPORT
EXPORT and collaborative.
MARKETS
MARKETS Projects – Yancoal has a strong asset portfolio, in which Tier-1 assets
with robust operating margins underpin the business.
INDIA SOUTH KOREA Relationships – Yancoal has built and maintained strong relationships
17% 16% with customers throughout Asia, including the key markets of Japan,
South Korea and China.
THAILAND Products – Yancoal produces high-quality coal for the international
YARRABEE TAIWAN
10% market. We meet our customers’ evolving demands and maximise price
CAMEBY DOWNS*
16%
through our ability to blend product from our asset portfolio.
MOUNT THORLEY WARKWORTH Optimisation – Yancoal continues to drive and deliver cost efficiencies:
Final destination is an internal assessment determined by Yancoal (on a 100% basis,
STRATFORD DURALIE optimising operations, maintenance, procurement and product blending
excludes HVO and includes Middlemount and the managed Cameby Downs mine). This
ASHTON
differs from the segment reporting provided in Note B2 to the Annual Financial Report.
to improve sustained financial performance.

MOOLARBEN
 COMPANY PERFORMANCE
Coal Production Operating EBITDA Net Profit/(Loss) After Tax Net Debt and Gearing
ATTRIBUTABLE SALEABLE COAL A$ MILLIONS / MARGIN % A$ MILLIONS A$ MILLIONS / %
PRODUCTION, MILLION TONNES

Three large-scale, low-cost mines are Record Operating EBITDA and Record profit after tax after excluding Net debt position returned to a
the foundation
Moolarben
of Yancoal’s
MTW
business.
HVO
EBITDAOperating
Margin. one-off items.
One-off items
manageable level.
Yarrabee Stratford Duralie Ashton EBITDA Margin % Profit / (Loss) after tax excluding one-off items Net debt, A$ mn Gearing ratio, %
Non-attributable Profit / (Loss) after tax

60 3,000 1,000 852 5,000 47%

45% 46% 791
719
52.1 51.8 4,500 41%
50.0 48.5
50 2,500 38% 4,000
36% 500 869 891
229 663 35%
38.3 3,500
40 35.6 36.7 2,000 29%
169
32.9 - 3,000
31.5 (295) 24%
30 1,500 2,500
2,530 4,516
2,180 (500) 2,000
20 18.5 21% 3,568
1,000 1,500 3,093
1,654 2,536
(1,000) 1,000 1,940
10 500 988
748 (1,040)
500
0 - (1,500) -
2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021
Moolarben MTW HVO Operating EBITDA Margin % One-off items Net debt, A$ mn Gearing ratio, %
Yarrabee Stratford Duralie Ashton Profit / (Loss) after tax excluding one-off items
Non-attributable Profit / (Loss) after tax
5,000 47%
3,000 46% 1,000
60 45% 852 791
719 4,500 41%

REVIEW OF OPERATIONS
52.1 51.8 2,500 4,000
50.0 48.5 38%
50 36% 500 869 891 35%
229 663 3,500
2,000 29%
40 38.3
36.7 169 3,000
35.6 -
31.5
32.9 MOUNT HUNTER (295) 2,500
24%

THORLEY 1,500
VALLEY STRATFORD- 4,516 CAMEBY
30 2,530 2,000 PREMIER*
MOOLARBEN WARKWORTH OPERATIONS MIDDLEMOUNT
2,180 YARRABEE (500) ASHTON DURALIE DOWNS*
3,568
21%
NSW
18.5 NSW NSW
1,000 QLD QLD NSW NSW 1,500 WA 3,093 QLD
20 1,654 2,536
(1,000) 1,000 1,940

0% 0%
500 988 (1,040)

95% 83% 50% 100% 100% 100%

ECONOMIC

51%
500
INTEREST

10 748
(1,500) - (MANAGED BY (MANAGED BY
0 - 2017 2018 2019 2020 2021 2017 2018
YANCOAL) 2019 YANCOAL)
2020 2021
2017 2018 2019 2020 2021 2017 2018 2019 2020 2021

~780 ~1,300 ~1,200 ~510 ~400 ~325 ~100 ~390 ~160

HEAD COUNT

EMPLOYEES & EMPLOYEES & EMPLOYEES & EMPLOYEES & EMPLOYEES & EMPLOYEES & EMPLOYEES & EMPLOYEES & EMPLOYEES &
CONTRACTORS CONTRACTORS CONTRACTORS CONTRACTORS CONTRACTORS CONTRACTORS CONTRACTORS CONTRACTORS CONTRACTORS
2020 SALEABLE
COAL OUTPUT

18.4 11.2 10.6 3.7 2.6 1.2 0.8 3.0 2.0

(100%)

MILLION TONNES MILLION TONNES MILLION TONNES MILLION TONNES MILLION TONNES MILLION TONNES MILLION TONNES MILLION TONNES MILLION TONNES

10 16 58 19 23 18 2 8 45
MINE LIFE**
IMPLIED

YEARS YEARS YEARS YEARS YEARS YEARS YEARS YEARS YEARS

*Managed, not owned, by Yancoal

**Implied mine life is the Marketable reserve at 31-Dec-2021 divided by the 2021 Output, rounded to the nearest whole number.

w
Yancoal has a suite of documents and reports that provide detailed information on YARRABEE
MIDDLEMOUNT
a range of our activities, our performance across different areas of the business and
our contribution to our regional communities and the Australian economy more broadly.  CAMEBY DOWNS*
These documents and reports listed below are published annually and are available MOUNT THORLEY WARKWORTH
STRATFORD DURALIE
on our website yancoal.com.au ASHTON
• Annual Report • Tax Transparency Report HUNTER VALLEY OPERATIONS
• ESG Report • Modern Slavery Statement
• Economic Contribution Report
PREMIER* MOOLARBEN

CONTRIBUTING TO AUSTRALIA’S PROSPERITY YANCOAL’S 2021 ECONOMIC CONTRIBUTION INCLUDED:

$8.3
Yancoal’s annual operational and financial performance – safely, efficiently, responsibly
and profitably mining high-quality product for export – is just one element of what OVERALL VALUE-ADDED IMPACT
our Company achieves.  The broader benefits that Yancoal generates to people BILLION ON THE AUSTRALIAN ECONOMY
and societies should not be overlooked.  Yancoal is committed to making a genuine

2,846
positive difference where it operates. Through its Community Support Program
(CSP), Yancoal invests in its communities and partners with community groups.  We BUSINESSES ENGAGED FOR
support projects across a wide range of activities, such as: funding health services; SERVICES & SUPPLIES
sponsoring key community events and clubs; supporting environmental initiatives; BUSINESSES ENGAGED
and providing education and training, such as through the support of indigenous

41,929
traineeships.  We are proud to invest in local and regional Australia, helping to build FULL TIME EQUIVALENT JOBS
stronger and more sustainable communities across the country.  In 2021, the SUPPORTED, WHICH EARNED
CSP and our associated Joint Venture operations (HVO and Middlemount) $3.3 BILLION
invested $1.45 million, 162 initiatives across Australia. JOBS SUPPORTED

DARLING PARK, TOWER 2, LEVEL 18, 201 SUSSEX STREET, SYDNEY NSW 2000 | +61 2 8583 5300 | YANCOAL.COM.AU