YANCOAL AUS (03668): Will be included in the S&P/ASX 200 and S&P/ASX 300 indices starting from September 23rd.

YANCOAL AUS (03668) announcement, the company has noted the index announcement released by S&P Dow Jones Indices on September 6, 2024. Following the third quarter review by Standard & Poor's, Yancoal Australia will be included in the following indices before the opening on Monday, September 23, 2024: S&P/ASX 200 and S&P/ASX 300. Prior to being included in the ASX indices, Yancoal Australia was included in the Hang Seng Composite Index and the list of stocks tradable through the Shanghai-Hong Kong Stock Connect in mainland China in March 2023. Yancoal Australia CEO David Moult stated, "This is a milestone worth celebrating for Yancoal Australia as we mark our 20th year of establishment and 12th year of listing on the Australian Securities Exchange. We are pleased to see significant increases in the company's market valuation, average daily trading volume, and shareholder base in recent years as we recover from ongoing rainfall impacts and increase our free float shares." "Yancoal Australia provides investors with a direct channel to invest in the international coal market. In the 12 months ending on June 30, 2024, Yancoal Australia produced over 62 million tonnes of raw coal and 36 million tonnes of equity coal. We expect the productivity for the remainder of 2024 to position the company as the second largest coal producer in Australia." "We believe that being included in the S&P ASX indices will provide further opportunities to expand our investor base and enhance stock trading liquidity."