Yancoal Australia (03668) equity coal sales in the third quarter were 10.4 million tons, up 21% month-on-month and 20% year-on-year

According to the Zhitong Finance App, Yancoal Australia (03668) announced that in the third quarter of 2024, according to a 100% benchmark, raw coal production was 17.5 million tons, up 26% month-on-month and 9% year-on-year. According to the 100% benchmark, commercial coal production was 13.2 million tons, up 28% month-on-month and 9% year-on-year; equity commercial coal production was 10.2 million tons, up 24% month-on-month and 10% year-on-year. Equity coal sales were 10.4 million tons, up 21% month-on-month and 20% year-on-year.

The sales price of coal in the third quarter of 2024 was 170 Australian dollars/ton. Among them, the sales price of thermal coal fell 4% month-on-month and the sales price of metallurgical coal fell 19% month-on-month. The sales price of thermal coal is in line with the trend of related coal indices. The sales price of metallurgical coal is higher than the relevant index. This is due to higher tonnage prices carried over from previous periods, product blending, and optimization strategies.