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We produce a reliable source of resources that power and build societies around the world. We value the contributions of our employees, contractors and their families, and embrace close relationships with local communities.
Our value chain transcends through the exploration, development, operation and closure of our assets, including how we market our coal products, how these are consumed and how we rehabilitate and manage mine closure.
We actively engage with the complexities of our operations and their impacts on the natural environment, embracing a robust approach to environmental stewardship. Our endeavours to oversee and mitigate our interactions span the entire lifecycle of our operations, commencing with the exploration of geological formations and continuing through active operations and through rehabilitation and closure.
Open communication, relationship-building and commitment to transparency are foundational principles guiding our interactions with our local communities and the broader social landscape. Building trust is paramount. We seek to achieve this through responsible environmental stewardship, adherence to safety standards, and mitigating social impacts.
We play an active role in enhancing Australia's economic well-being by attracting foreign direct investment and generating foreign exchange earnings through our exports. Our operations foster job creation, stimulate economic activity, and bolster local businesses through our procurement practices. Additionally, we make substantial contributions to government revenues through taxes and royalty payments. Outside of Australia we also play a role in many economies, where high-grade coal remains a vital component for energy security and development. Helping meet immediate energy needs while new technologies are developed and deployed.
Our key stakeholders encompass a diverse array of individuals and entities with both direct and indirect connections to our operations. Local communities residing near our sites, indigenous groups, government authorities overseeing regulations, employees actively engaged in operations, and investors holding shares in the company are among the primary stakeholders. Suppliers, customers, and environmental organisations also play crucial roles. Effective engagement with our stakeholders involves understanding and addressing their concerns, interests, and expectations and fostering positive relationships.
Sustainability StrategyAt Yancoal, sustainability involves the generation of lasting value for stakeholders through our mining activities, all while minimising financial, operational, environmental, and social risks.
Long term profitability focuses on creating value for all stakeholders, including share holders, employees, customers and the broader community.
Our mining processes and planning are future focused and involve innovative development, leading technology and a global vision that guides our operational processes and reduces risk.
We have a holistic approach that addresses the interconnectedness of people, the environment, and the economy in the areas we operate.
The renewable and the non-renewable resources from which our operations benefit have clear and transparent reporting and assurance to reduced nature related risks.
Yancoal is committed to making a genuine and positive difference locally and nationally.
We recognise the importance of strong and vibrant regional communities. We are committed to investing in the communities surrounding our operations and to create strategic partnerships aimed at fostering positive and lasting impacts into the future. Our Community Support Program (CSP) is crafted to generate positive impact through financial support to community groups and initiatives.
Yancoal supports Australia’s national economic prosperity, and we contribute to economic development through a variety of methods, including: the payment of rates, taxes and royalties to governments; procurement from local business and service providers; and employing members of local and regional communities. Our Economic Contribution Report describes the economic impact and benefits of our operations at local, state and national levels.
Every year, Yancoal’s thermal coal provides power to millions of households in the Asian region, and our metallurgical coal assists in the production of 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 quality of life, especially in Asia.
Japan
China
Taiwan
South Korea
Thailand
Vietnam
India
Other
Australia
Dispel some of the common misconceptions you may have about Yancoal Australian by going through the FAQs below.
Yancoal has been operating in Australia for 20 years. All assets are presently located in Australia and the predominantly Australian management is headquartered in Sydney. Yancoal employs over 6,000 Australians, mainly in regional areas.
Yancoal is dual listed on the Australian and Hong Kong stock exchanges, so anyone can buy shares in the company. The majority shareholder is Yankuang Energy Group, which is also listed on the Hong Kong Stock Exchange.
Yes. Yancoal has paid Australian corporate (or company) tax on profits since 2022. The company also pays royalties, rates and other taxes to local, state and federal governments.
No. Yancoal exports almost all of its coal to a diverse range of export markets, primarily located across located across Asia. No one market represents a majority of Yancoal’s sales revenue.
Visit the careers section of this website for more information on joining the team.
We acknowledge and pay our respects to the Indigenous and Traditional owners of the land where we operate around Australia. In the spirit of respect and reconciliation, we will continue to support initiatives that strengthen culture to preserve ongoing cultural legacy.
