Past year: ▲ 5%(4.96 – 8.29 AUD)
Each one in plain English, with the numbers worked through for a shareholder.
10 Mar 2025security holder rights change● Neutral
502,984 vested 2022 STIP rights and 532,514 vested 2023 STIP rights are settled half in existing shares and half in cash. All 2022 rights are now settled; 532,521 of the 2023 rights remain, due to vest 1 March 2026.
5 Mar 2025security holder rights change● Neutral
Holders exercised 1,171,240 vested 2020 LTIP rights and 1,211,056 vested 2021 LTIP rights on 5 March 2025, settled with existing shares. Small remainders stay outstanding (100,836 and 191,571). No new shares issued.
5 Mar 2025other● Neutral
Hong Kong monthly return for February 2025: no change in issued shares, which remain 1,320,439,437. Administrative filing.
20 Feb 2025annual report● Neutral
Statutory 2024 accounts: revenue A$6,860m (down 12%) and net profit A$1,216m (down 33%) versus A$1,819m in 2023. Final dividend of A$687m (52 cents a share, fully franked) declared, payable 30 April 2025.
20 Feb 2025investor presentation● Neutral
Presentation accompanying the 2024 results released the same day. Text provided is mostly disclaimer; the headline figures are covered in the results release.
20 Feb 2025director officer appointment● Neutral
Hong Kong list of directors and committee roles following the three new appointments. Nine directors, Gang Ru as Chair. Administrative follow-up to the board change.
20 Feb 2025dividend declaration● Neutral
Hong Kong cash dividend notice accompanying the 2024 results; the text provided contains only the cover page, with no dividend terms. The A$687m final dividend (A$0.52 a share) is detailed in the results release.
20 Feb 2025resource reserve update▼ BadMajor
Reserves and resources fell at 31 December 2024. Attributable resources are 4,400Mt (down 9.4% from 4,857Mt), recoverable reserves 920Mt (down 5.2%) and marketable reserves 680Mt (down 5.6%). Continues the reserve decline thread.
20 Feb 2025half year report● NeutralMajor
2024 result: revenue A$6.86bn, operating EBITDA A$2.58bn, net profit A$1,216m; cash A$2.46bn, no interest-bearing loans. Final dividend A$687m (A$0.52 a share, 56% payout), versus no interim dividend. 2025 guidance: 35-39Mt, A$89-97/t costs, capex A$750-900m.
20 Feb 2025director officer appointment● NeutralMajor
Three non-executive directors join the board from 20 February 2025: Jiuhong Wang (General Manager of Yankuang Energy Group), Zhiguo Zhao (formerly CFO of Yankuang Energy) and Ang Li (China Cinda). Board grows to nine; independents remain three, one-third as required by Hong Kong rules. The text does not name any resignation.
14 Feb 2025other● Neutral
2024 results will be released 20 February 2025 after 7:30pm AEDT, with an investor webcast on 21 February. Scheduling notice only; no financial information.
10 Feb 2025other● Neutral
Board meeting set for 20 February 2025 to approve 2024 final results and consider a final dividend, if any. Scheduling notice that sets the date for the dividend decision flagged in earlier quarterly commentary.
5 Feb 2025other● Neutral
Hong Kong monthly return for January 2025: no change in issued shares, which remain 1,320,439,437. Administrative filing.
20 Jan 2025quarterly activities report▲ Good
2024 attributable saleable output of 36.9Mt met the 35-39Mt guidance; 4Q realised price A$176/t. Cash rose A$480m to A$2.46bn with no interest-bearing loans. Management says it can pursue corporate initiatives and distributions; dividend comment follows February results.
15 Jan 2025other● Neutral
4Q 2024 quarterly report to be released 20 January 2025 after 7:30pm, with an investor webcast on 21 January. Scheduling notice only; no financial information.
14 Jan 2025director officer appointment● NeutralMajor
CEO David Moult resigned after five years as CEO, with active duties ending immediately and employment ending 14 July 2025. Executive director Ning Yue becomes acting CEO while the board searches for a permanent successor. Moult cited other business engagements.
9 Jan 2025other● Neutral
Hong Kong principal place of business moves to Causeway Bay from 10 January 2025. Administrative notice only.
6 Jan 2025other● Neutral
Hong Kong monthly return for December 2024: no change in issued shares, which remain 1,320,439,437. Administrative filing.
18 Dec 2024material agreement● Neutral
Renews related-party arrangements with Yankuang-linked entities for 2025: a new one-year Premier Coal bank guarantee framework, revised management services agreements with annual caps to 2027, and a variation to the Australian Entities guarantee framework. Continuation of existing arrangements.
17 Dec 2024director officer appointment● Neutral
Hong Kong list of directors and committee roles after Peter Smith replaced Geoffrey Raby. Seven directors, Gang Ru as Chair. Administrative follow-up to the board change.
17 Dec 2024director officer appointment● Neutral
Independent director Geoffrey Raby, on the board since 2012, stepped down to focus on other business. Peter Smith (also on Evolution Mining and Iluka boards) joins as independent director and chairs the safety and environment committee. Board stays at seven.
4 Dec 2024other● Neutral
Hong Kong monthly return for November 2024: no change in issued shares, which remain 1,320,439,437. Administrative filing.
12 Nov 2024material agreement● Neutral
New three-year coal sales framework with POSCO (a long-standing customer) from 2025 to 2027, capped at US$510m a year. Also raises the cap for coal bought from Yankuang Energy, citing market competition and back-to-back sales to customers.
4 Nov 2024other● Neutral
Hong Kong monthly return for October 2024: no change in issued shares, which remain 1,320,439,437. Administrative filing.
17 Oct 2024quarterly activities report● Neutral
3Q24 attributable saleable output rose 24% on the June quarter to 10.2Mt as planned second-half weighting played out; realised price A$170/t. Cash rose A$430m to A$1.98bn, no interest-bearing loans. A contractor died during Austar closure work. 2024 guidance unchanged.
10 Oct 2024other● Neutral
Third-quarter report to be released 17 October 2024 after 7:30pm Sydney time, with an investor webcast on 18 October at 11am. Scheduling notice only; no financial information.
3 Oct 2024other● Neutral
Hong Kong monthly return for September 2024: no change in issued shares, which remain 1,320,439,437. Administrative filing.
19 Sept 2024half year report● Neutral
2024 Interim Report published, repeating the half-year results already released on 19 August: revenue A$3,138m, net profit A$420m, no interim dividend. Re-release; no new information.
18 Sept 2024director officer appointment● Neutral
Non-executive director Yaomeng Xiao resigned on 18 September 2024 after leaving Yankuang Energy Group, with no disagreement with the Board. Board falls to seven: one executive, three non-executive and three independent directors.
18 Sept 2024director officer appointment● Neutral
Hong Kong list of directors and committee roles after Mr Xiao's departure: seven directors, with Gang Ru as Chair. Administrative follow-up to the resignation.
