Yancoal Australia Pty. Limited

Yancoal Australia Pty. Limited (ABN 82-111-859-119) was incorporated in Australia in 2004, and is a wholly owned subsidiary of Yanzhou Coal Mining Company Limited in the People’s Republic of China.

Yanzhou Coal Mining Company Limited, China, owns and operates eight mines in China with ISO 9001 Quality certification and ISO 14001 environmental certification.

The objective of setting up a company in Australia was to introduce the Longwall Top Caving Coal Mining Technology to this important coal mining region. This technology, which was developed by Yanzhou Coal Mining Company Limited, had been successfully implemented in China.

Yancoal Australia Pty. Limited has every intention to become a leading mining and technology company in the mining sector in Australia.

Austar Coal Mine Pty. Limited

As at the end of 2006, Austar Coal Mine employed over 250 mine workers and staff. This number does not include some 30 technical and managerial staff working as expatriates in Australia.

Yancoal Australia together with Austar Coal Mine have vested authority to sell and export clean coal to any customer in the world and both companies are not restricted to simply sell coal back to China.