Yari Resources (YAR) Q2 2026 TU earnings summary

Executive summary

• Appointed Courtney Taylor as Managing Director to lead Queensland coal expansion, focusing on the Bowen Basin.

• Changed company name to Yari Resources Limited, reflecting a strategic shift to Queensland coal assets.

• All AGM resolutions passed, including the name change, with strong shareholder support.

• Continued engagement with potential strategic partners and commodity traders for joint ventures and offtake agreements.

Segment performance

• Advanced Rolleston South Coal Project with completion of four drill holes, confirming shallow coal intercepts from 48.93m depth.

• Rehabilitation completed at all drill sites; remaining two planned holes deferred as current data provides sufficient confidence.

• Ongoing coal quality analysis and geological modelling to refine drilling strategy and support future development.

Financial highlights

• Exploration expenditure for the quarter was $0.202 million.

• Cash position at 30 June 2026 was $0.492 million.

• Payments to directors during the quarter totaled $0.216 million.