【Yancoal Australia’s First-Half Thermal Coal Sales Rise 22% as Attributable Saleable Production Reaches a Record】

Yancoal Australia reported attributable saleable coal production of 19.8 Mt for the first half of 2026, up 5% year on year and representing a first-half production record. Attributable coal sales increased 20% to 19.8 Mt, including a 22% increase in thermal coal sales to 16.8 Mt and a 9% increase in metallurgical coal sales to 3.1 Mt.

The company’s average realised thermal coal price increased 4% to A$143/t, while its metallurgical coal price rose 4% to A$216/t. The overall realised coal price increased 3% to A$154/t. Higher volumes and prices lifted revenue by 13% to A$3.024 billion and operating EBITDA by 29% to A$767 million. Profit after tax nevertheless declined 90% to A$17 million due to A$272 million of non-operating items, most of which the company described as non-cash accounting items.

Yancoal maintained its 2026 attributable saleable production guidance of 36.5–40.5 Mt and expects output to be in the upper half of the range. Higher diesel prices are expected to push cash operating costs into the upper half of the A$90–98/t guidance range.