Yankuang Group Australia Mining Coal

China's Yankuang terminates Yancoal Australia takeover talks

China's Yankuang Energy has ended discussions for the potential acquisition of remaining shares in its majority-owned unit Yancoal Australia, citing 'recent market conditions'. In May 2022, Yankuang's $1.8bn bid to purchase the minority stake in the Australian coal firm was rejected.

Yankuang Energy Group Company Limited

Yankuang Energy Group Co Ltd is a China-based international comprehensive energy company engaged in coal and coal chemical industry. The Company operates in five segments. The Coal Mining segment is engaged in underground and open-cut mining, preparation and sale of coal and potash mineral exploration.

Annual reports

Business Overview. Yankuang Energy fully implements the New Development Philosophy, seek both external and internal improvement, and pay equal emphasison industrial operation and capital operation, fostering five major industries of mining, high-end chemicals and new materials, new energy, high-end equipment …

FACT SHEET

Yanzhou Coal Mining Company Limited (now Yankuang Energy Group) acquired Austar mine, creating Yancoal. Yancoal is a leading Australian coal producer in the global …

Yankuang Group Company Limited

Yankuang's BCA primarily reflects its large scale and diversified coal mining assets; the strong performance of its subsidiary, Yancoal Australia Ltd; and its low-cost mining operations in ...

Chinese group mulls bid for Australia's biggest …

The Chinese majority owner of Yancoal – Australia's largest listed coal miner – is considering a $1.8 billion bid to acquire the remaining stake in the company, a deal that would be a litmus ...

Yankuang Energy Group

Yankuang Energy Group Co Ltd, is an integrated thermal and coking coal-mining company, with operations in mainland China and Australia. The company also engages in power/heat generation and rail transportation and produces coal chemicals including methanol.

1171.HK

Yankuang Energy Group Co Ltd is a China-based international comprehensive energy company engaged in coal and coal chemical industry. The Company operates in five segments. The Coal Mining segment ...

(PDF) Legitimacy Concerns and Countermeasures of …

Coal, in Australia to deal with t he financial risks of acquisit ion, and acquired a series of coal mining companies through Yankuang's lis ted operations. Secondly, Yanku ang fully developed the ...

Yancoal rejects $1.8bn takeover bid from Yankuang

China's Yankuang Energy Group made an offer in late May to acquire the 37.7% it does not already own in Australia's largest listed coal miner at a 16% discount to the current market price for ...

Australia

China's Yankuang Energy plans $1.8bn takeover of Yancoal …

China-based Yankuang Energy Group, the controlling shareholder of coal miner Yancoal Australia, is planning to take full ownership of the latter in a deal worth …

Yanzhou Coal owner Yankuang Group, Shandong Energy …

Yankuang Group Co. Ltd., the controlling shareholder of Yanzhou Coal Mining Co. Ltd., or Yancoal, is planning a restructuring with Shandong Energy Group Co. Ltd., according to a July 12 filing by Yancoal to the Shanghai Stock Exchange. A detailed restructuring plan has yet to be decided, Yancoal said in the filing.

China's Yankuang terminates Yancoal Australia takeover talks

China's Yankuang Energy has ended discussions for the potential acquisition of remaining shares in its majority-owned unit Yancoal Australia, citing 'recent market …

Yancoal's Chinese parent Yankuang in bid to mop up coal …

Yankuang already owns 62.3 per cent of Yancoal, Australia's biggest listed coal miner. China Cinda Asset Management owns about 15.9 per cent of Yancoal stock, with Glencore holding 6.4 per cent ...

Yankuang Energy Group: coal production 2023

Yankuang Energy Group's coal production volume 2010-2023; Volume of coal sold by Arch Coal 2010-2023; ... Bosnia-Herzegovina: number of enterprises mining coal and lignite 2017-2022;

China's Yankuang Energy ends buyout talks with Yancoal Australia

China's Yankuang Energy said on Thursday it had walked away from a potential deal to buy the remaining shares in its majority-owned unit, Yancoal Australia, due to recent market conditions.

Yancoal spurns $1.8bn takeover offer from China's Yankuang

An independent board committee (IBC) of Yancoal Australia has rejected the $1.8bn takeover offer from major shareholder Yankuang Energy Group Company. Based in China, Yankuang currently owns a 62.26% stake in Yancoal, in which Anglo-Swiss commodity trading and mining company Glencore has a 6.4% interest.

Yankuang Group Company Profile

Yankuang Group (Yankuang) is a privately held group engaged in the production and sale of coal. The group is also engaged in coal chemical industries, machinery and equipment manufacturing; aluminum processing and profiling; and financial trade. The coal mining and trading involves large-scale, modernization, intensification of coal resources.

Yanzhou Coal Mining Company Limited has Changed its Name to Yankuang

Yanzhou Coal Mining Company Limited changed its name to Yankuang Energy Group Company Limited. ... Yankuang Energy Group's Coal Production, Sales Rise in Q2 Jul. 22: MT Yankuang Energy Group Company Limited Reports Sales Volume Results for the Second Quarter and Year to Date Ended 2024 Jul. 19: CI …

YANKUANG ENERGY GROUP COMPANY LIMITED

Mission and Vision

Mining

Mining: As a leading thermal coal enterprise in China,Yankuang Energy is the largest coal producer in East China,whose subsidiary Yancoal Australia is the largest pure coal player in Australia. By the end of 2021, the Company has in-situ resources (according to Jorc standard) of 14.6 billion tons, 23 coal mines in production and 1 under ...

About

Yancoal owns, operates or participates in nine producing coal mines across Australia – five mines in New South Wales, three in Queensland and one in Western Australia. These operations employ over 6,000 full …

Yancoal Australia Seeks Dual Listing in Hong Kong

Yanzhou Coal Mining, which is controlled by Chinese state-owned enterprise Yankuang Group, owns almost 66% of the Australian unit. Yancoal said Monday in a statement that the controlling parent's …

Yankuang Group Company (YGC): The Internationalization …

Yankuang Group Company (YGC), a Chinese provincial state-owned enterprise (SOE), had over two decades of experience operating in the international market since its overseas initial public offering (IPO) in 1997. In 2013, YGC suffered great losses from an oversupply of coal production and a sharp decline of coal prices. How has YGC …

Raby, Australian directors to lead Yancoal privatisation talks

Yankuang is bound by a 2012 ruling of Australia's Foreign Investment Review Board (FIRB) to keep Yancoal listed on the ASX and own less than 70 per cent of its shares, among other conditions.

Glencore likely to rebuff Chinese bid for stake in Yancoal Australia

Anglo-Swiss commodity trading and mining company Glencore is expected to turn down a stake purchase bid of $3.60 per share by Chinese firm Yankuang Energy Group in coal producer Yancoal Australia, reported Reuters.. The move comes as the commodity firm considers the offer as 'too low', the news agency reported citing two …

Yancoal in halt as parent mulls $2.5b mop up

Yancoal owns and manages coal mines across New South Wales, Queensland and Western Australia, including Moorlarben in Mudgee and Mount …