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2026-11-06
◂ Monitor YAL ASX

YANCOAL AUSTRALIA LIMITED

Producer · Others · Australia Rating locked: sign in to view v8 · yal-20261024t174648-full
Last 2026-11-06
A$5.54
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$7.3B
EV
A$7.7B
Cash
A$2.1B
Debt
A$0
3 newer ASX announcements not yet reflected in this valuation

Portfolio detail

Assets

7 assets

Core asset

Moolarben

Australia

Producer98.75% ownedOthers

Operating

Producer · Producer
Production annualised (attributable)
21.3m td
Production (last FY, 100%)
19.1m t
AISC (latest quarter)
—
AISC margin at spot
NM
Delivery vs guidance
—
Reserve life
NM
Head grade
NM
Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceTotal coal resource including reserves855 Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-12-31
Ore ReserveMarketable coal reserve141 Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-12-31
Permits & approvals1
PermitJurisdictionStatusExpiryCritical path
Moolarben OC3 optimization resubmission10April2026NSW AustraliaPending—No

Core asset

Mount Thorley Warkworth

Australia

Producer83.6% ownedOthers

Operating

Producer · Producer
Production annualised (attributable)
10.4m td
Production (last FY, 100%)
11.8m t
AISC (latest quarter)
—
AISC margin at spot
NM
Delivery vs guidance
—
Reserve life
NM
Head grade
NM
Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceTotal coal resource including reserves1.3K Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-12-31
Ore ReserveMarketable coal reserve145 Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-12-31

Core asset

Hunter Valley Operations

Australia

Producer51% ownedOthers

Operating

Producer · Producer
Production annualised (attributable)
7.5m td
Production (last FY, 100%)
14.1m t
AISC (latest quarter)
—
AISC margin at spot
NM
Delivery vs guidance
—
Reserve life
NM
Head grade
NM
Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceTotal coal resource including reserves3.7K Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-12-31
Ore ReserveMarketable coal reserve555 Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-12-31
Permits & approvals2
PermitJurisdictionStatusExpiryCritical path
HVO continuation state approvals through2045NSW AustraliaGranted2045-12-31Yes
HVO continuation federal environmental approvalAustralian federalPending—Yes

Material

Ashton

Australia

Producer100% ownedOthers

Producing; Ashton transitions to closure in early 2028

Producer · Producer
Production annualised (attributable)
1.6m td
Production (last FY, 100%)
500.0k t
AISC (latest quarter)
—
AISC margin at spot
NM
Delivery vs guidance
—
Reserve life
NM
Head grade
NM
Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceTotal coal resource including reserves190 Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-12-31
Ore ReserveMarketable coal reserve10 Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-12-31

Material

Yarrabee

Australia

Producer100% ownedOthers

Operating

Producer · Producer
Production annualised (attributable)
2.8m td
Production (last FY, 100%)
2.7m t
AISC (latest quarter)
—
AISC margin at spot
NM
Delivery vs guidance
—
Reserve life
NM
Head grade
NM
Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceTotal coal resource including reserves275 Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-12-31
Ore ReserveMarketable coal reserve52 Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-12-31

Material

Middlemount

Australia

Producer50% ownedOthers

Operating

Producer · Producer
Production annualised (attributable)
1.2m td
Production (last FY, 100%)
2.6m t
AISC (latest quarter)
—
AISC margin at spot
NM
Delivery vs guidance
—
Reserve life
NM
Head grade
NM
Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceTotal coal resource including reserves144 Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-12-31
Ore ReserveMarketable coal reserve60 Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-12-31

Core asset

Kestrel

Australia

Producer80% ownedOthers

Producing; Kestrel ownership effective 1 October 2026

Producer · Producer
Production annualised (attributable)
—
Production (last FY, 100%)
5.9m t
AISC (latest quarter)
—
AISC margin at spot
NM
Delivery vs guidance
—
Reserve life
NM
Head grade
NM
Resources & reserves2
TypeCategoryQuantityGradeContained mineralsDate
Mineral ResourceTotal coal resource including reserves406 Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-09-01
Ore ReserveMarketable coal reserve164 Mt coal on100%mine basisCoal quality is product specific; no elemental metal grade or contained-metal conversion asserted.Others2025-09-01

d derivedr our researchg guidances study forecastm daily marketNo marker: as reported— / NM missing or not meaningful (hover for why)

Stock database

Other assets

Plants, holdings and assets valued inside a project
Austar and Stratford Duralie closure obligations · Other · Held
Ownership
100%d
Description
Closed mines outsideNSWoperating CGU undertaking closure activities
Book value
—
Middlemount4%FOB royalty · Royalty / stream · Producing
Royalty type
FOB trimmed sales royalty
Rate
4%
Underlying asset and operator
Middlemount operated mine
Operator's stage
producer
Attrib. royalty units per year
—
Royalty receipts (12M)
—
Our attributable value
Locked
Newcastle Coal Infrastructure Group equity · Equity investment · Held
Investee
Newcastle Coal Infrastructure Group equity
Holding
27%
Shares held
—
Market value
—
% of holder's market cap
—
Cost basis
—
Port Waratah Coal Services equity · Equity investment · Held
Investee
Port Waratah Coal Services equity
Holding
30%
Shares held
—
Market value
—
% of holder's market cap
—
Cost basis
—
Wiggins Island Coal Export Terminal equity · Equity investment · Held
Investee
Wiggins Island Coal Export Terminal equity
Holding
33%
Shares held
—
Market value
—
% of holder's market cap
—
Cost basis
—