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Yancoal Australia Limited (ASX:YAL)

ALERT: Price-sensitive ASX Announcement for YAL
Current share price for YAL : $5.460 -1.49 (-21.44%)+
Announcement
Release
28 May 2026 9:17AM
Price at Release
$6.950
Full Release
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Summary
Yancoal Australia Limited's 2026 Annual General Meeting focused on its financial performance and strategic initiatives. The company reported a record coal production in 2025, with an attributable saleable coal production of 38.6 million tonnes and a significant improvement in safety performance. Financial highlights included a revenue of almost A$6 billion, operating EBITDA of over A$1.4 billion, and a profit after tax of A$440 million. The company declared a fully franked final dividend, representing a 55% payout ratio. Yancoal's strategic acquisition of the Kestrel Coal Mine was highlighted as a growth initiative, expected to add value and diversify its portfolio. Operational guidance for 2026 aims for stable production and managing costs despite expected higher diesel prices. The AGM also covered voting on resolutions related to director re-elections and financial mandates.
Key Points
  • Record coal production in 2025 with 38.6 million tonnes.
  • Revenue of almost A$6 billion and operating EBITDA of over A$1.4 billion.
  • Profit after tax of A$440 million.
  • Final dividend of A$0.1220 per share, fully franked.
  • Acquisition of Kestrel Coal Mine for strategic growth.
  • Operational guidance for 2026 aims for balanced production and cost management.
  • Safety performance improved with a TRIFR of 6.14.
  • Voting on resolutions for director re-election and financial mandates.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.