Yari presents a compelling investment opportunity through Rolleston South, Queensland’s Bowen Basin Tier 1 asset and the 2026 binding conditional agreement to acquire the nearby Arcadia Coal Project.

1. Rolleston South boasts a 222.9Mt JORC Coal Resource, including 33.7Mt Indicated. 

2. Arcadia Coal Project hosts a reported 282Mt JORC 2012 Mineral Resource.

These projects offer significant upside potential; both are strategically positioned to capitalise on the region’s rich coal-bearing geology, offering substantial opportunities for resource growth and value creation.

Upon completion of the proposed Arcadia acquisition, Yari’s reported coal resource base would increase to more than 500Mt across two complementary projects in the broader Rolleston coal district. Poised for substantial shareholder value in a strengthening coal market.

More information on the proposed Arcadia acquisition can be found in Yari’s ASX announcements dated 3 & 7 August 2026.

   Key Investment Highlights

  • Rolleston’s resource upgrade – from 78.9Mt at acquisition to now 222.9Mt, comprising 33.7Mt Indicated and 189.2Mt Inferred Resources;

  • Proposed acquisition of Arcadia Coal Project – with a reported 282Mt JORC 2012 Mineral Resource;
    • On completion of the proposed acquisition, Yari’s reported coal resource base would increase to more than 500Mt;

  • Australia’s Premier Coal Jurisdiction
    • Queensland produced over 220Mt of coal in 2024. The Bowen Basin is the world’s leading metallurgical coal province – the right address for a long-life coal asset.

  • Sustained Global Demand:
    • Coal demand remains robust across Asia, with India, ASEAN and developing markets continuing to drive consumption. Energy security concerns are extending coal’s relevance – over 44GW of new coal capacity was commissioned globally in 2024, with 100GW+ under construction.

Major Highlights

Prime Location

Situated in Queensland’s Bowen Basin, near major operations like Glencore and Peabody, with direct access to state highways and rail infrastructure.

Significant Resource Upgrade

Rolleston South increased to a 222.9Mt JORC Coal Resource, with 33.7Mt Indicated. The pending acquisition of Arcadia will further Yari's footprint in the area to over 500Mt.

High-Quality Coal

Results confirm very low raw ash, low sulphur, and favourable washability characteristics. Modelling indicates a 7–8% ash product may be achievable at approximately 85% yield through conventional processing.

World-Class Infrastructure

Rolleston South’s proximity to the Blackwater Rail System, just 40 km away, ensures efficient access to coal loading facilities at the Port of Gladstone – one of the world’s largest commodity ports.

The project is also accessible via major sealed state highways (Dawson and Carnarvon), connecting directly to Gladstone, 275 km away.

This robust infrastructure supports cost-effective logistics and seamless delivery to key Asian markets, positioning Rolleston South as a highly competitive project.

 
Rolleston District Map - Bowen Basin, Queensland
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Why Queensland?

Queensland is a global leader in coal production, ranking as the world’s second-largest coal exporter with the third-largest reserves.

In 2023, the coal industry contributed $83.7 billion to Queensland’s economy and $71.8 billion in export value. Supportive government policies, including the approval of 30 new resource leases since October 2024, underscore Queensland’s commitment to the sector.

Rolleston South benefits from this favorable environment, with access to world-class infrastructure and regulatory support driving project success.

Coal Quality

The Rolleston South Coal Project features high-grade coal from six significant seams (X, A–E) within the Bandanna Formation. Historical and laboratory data confirm:

  • Low ash content (~8%) with an 85% yield
  • High volatile matter and calorific value (24.33–27.98 Mj/kg)
  • Low sulphur and phosphorus levels
    Potential for semi-soft metallurgical coal (CSN 2.5–4)


These qualities make Rolleston South’s coal ideal for export thermal and metallurgical markets.

Mining processing A