Highlights

  • Third-quarter ROM coal production was 16.6 Mt on a 100% basis.
  • Attributable coal sales totalled 9.0 Mt at an average realised price of AUD 170 per tonne.
  • Yancoal completed the Acquisition of an 80% interest in Kestrel on 1 October.

Yancoal Australia Ltd (ASX:YAL) operates in the energy and resources sector and disclosed a series of operational and financial developments in its latest ASX release. Its shares were quoted at AUD 6.015 and decreased 3.76% on 28 October 2026. The company’s announcement sets out the reported results for its stated financial or operating period, with information on Business activity, operational indicators and management’s disclosed next steps. The update covers separately reported operational, financial and project measures for the periods identified by the company.

Coal Production and Sales

Yancoal’s September-quarter report disclosed 16.6 million tonnes of run-of-mine coal production and 12.4 million tonnes of saleable production on a 100% basis. Attributable saleable production totalled 9.4 Mt, compared with 10.8 Mt during the preceding quarter. Attributable coal sales were 9.0 Mt, compared with 11.6 Mt previously and 10.7 Mt in the September 2025 quarter. The company attributed the sequential production change in part to a planned longwall relocation at Moolarben, which returned to regular production in September. Year-to-date attributable saleable production was 29.2 Mt, 4% above the comparative period.

Pricing, Cash and Mine Developments

The average realised coal price was AUD 170 per tonne, compared with AUD 160 in the June quarter and AUD 140 a year earlier. Thermal coal averaged AUD 160 per tonne, while metallurgical coal averaged AUD 229 per tonne. Yancoal reported that its cash balance increased by AUD 340 million during the quarter, before an Interim Dividend payment and the funding of the Kestrel transaction. The company completed the purchase of an 80% interest in the Kestrel Coal Mine on 1 October. Hunter Valley Operations obtained New South Wales state approval for continued operations on 30 September; federal approval remained pending.

Guidance and Operating Conditions

The company retained 2026 guidance for attributable saleable coal production of 36.5–40.5 Mt and said it expected output within the upper half of that range. Cash operating cost guidance remained AUD 90–98 per tonne, with higher diesel prices expected to place costs toward the upper end. Attributable Capital Expenditure guidance was AUD 600–750 million, excluding effects of the Kestrel acquisition. Yancoal reported its rolling total recordable injury frequency rate at 7.14, compared with 7.00 at the end of June. The Quarterly Report also documented the effects of benchmark coal-price changes on realised prices.

The reported figures and operational updates were provided by Yancoal Australia Ltd (ASX:YAL) for the period identified in its filing. Forecasts, targets, proposed transactions and commissioning schedules are company statements rather than completed outcomes. Where the announcement describes conditions, dependencies or approvals, those qualifications remain part of the disclosed position. Financial measures and operating units are retained separately to avoid presenting different measures as interchangeable.

Individual mine figures showed ROM output of 5.4 Mt at Moolarben, 4.6 Mt at Mount Thorley Warkworth and 4.5 Mt at Hunter Valley Operations for the quarter. Moolarben’s ROM production declined 8% sequentially during the longwall relocation, while Mount Thorley Warkworth output grew 5%. Hunter Valley Operations output was 5% lower quarter on quarter. The 2026 year-to-date sales figure reached 28.8 Mt, compared with 27.3 Mt for the first nine months of 2025. The report also separately identified thermal coal sales of 7.6 Mt and metallurgical coal sales of 1.4 Mt during the quarter.

Source: Company ASX announcement; share figures provided for 28 October 2026.