Australia: Yancoal delivers strong performance in '24; outlook optimistic for '25

Yancoal met its 2024 production goals, reaching 47.7 million tonnes (mnt) of run-of-mine (ROM) coal, reflecting a 5% increase compared to the previous year. This result marks a significant achievement for the company, aligning with its expected production profile and reflecting the concerted efforts of its operations and logistics teams throughout the year.

Production and sales growth Yancoal achieved a 5% increase in attributable ROM production and a 14% rise in attributable sales in 2024, reflecting the strength of its operational strategy. Despite facing short-term supply and demand challenges in the thermal coal market, the company's ability to meet its production and sales