Yancoal Australia Ltd (YACAF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to Yanko first quarter production report conference call and webcast. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you need to press star 1 and 1 on your telephone. You'll then hear automated message advising when it's raised. You can also submit your questions via the webcast. Please be advised that today's call is being recorded. I'll now hand the call over to Mr. Brendan Fitzpatrick, Head of Investor Relations. Thank you, Brendan. Please go ahead. Thank you, Desmond, and thank you to everyone on the call for joining this briefing on Yan Cole's first quarterly production report for 2026. We have several members of Yan Cole's executive leadership team to recap the quarter and participate in the question and answer session. The commentary provided today is based on the quarterly production report published on the Australian Securities Exchange and the Stock Exchange of Hong Kong announcement platforms on the 20th of April. There is no presentation pack for this call. The ANCOR website holds past presentations for any participants who require additional information on the company. I'll hand over to our Chief Executive Officer, Jarrett Burra, to provide the first quarter highlights. Thank you, Brendan. I also welcome everyone joining us on today's conference call. We would have spoken to some of you just a few days ago after announcing the Kestrel coal mine acquisition. The acquisition price for Kestrel is US$1.85 billion, plus a potential contingent cash consideration. Adding a long-life asset that produces hard-coking coal at strong margins is a compelling step forward for Yen Coal. We're wor...