Yancoal Australia Limited (Yancoal) is Australia's largest producer of pure coal. Yancoal operates five mines and manages five others in NSW, Queensland and Western Australia, and also holds about 50% of the Middlemount joint venture. Yancoal currently has around 5,500 employees, mostly from the local communities where it operates. Yancoal Australia's New South Wales region includes the Hunter Valley operation mine, Mount Solly Walkworth, Fort Moraban, and Stratford Latili mining areas, and the Queensland region includes joint ventures between Arrabi and Zhongshan. Yancoal is listed on the Australian Stock Exchange, representing its majority shareholder Yanzhou Coal Industry Co., Ltd. (Yanzhou Coal) and Ashton, Austar, and Donaldson underground mines in the New South, which manage the Cameby Downs and Premier coal mines in Queensland and Western Australia, respectively. Wales represents Watagan Mining Company Pty Ltd (Watagan). As of September 1, 2017, Yancoal has issued 43,459,388,122 shares. The two largest shareholders are Yanzhou Coal, with a shareholding ratio of 65.46% and Cinda International of 16.7%. In 2016, Yancoal produced approximately 16 million tons of marketable (equity) thermal and metallurgical coal for export to international markets.
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