Yari Resources (YAR) Q3 2026 TU earnings summary

Executive summary

• Arcadia acquisition completion on 20 October lifted reported Queensland coal resources to 504.9Mt, including 197.7Mt Indicated; combined resources are sums of separate estimates, not a new estimate or reclassification.

• Multiple potential Arcadia product pathways identified: semi-soft coking, PCI and high-energy thermal coal; product proportions, yields, specifications and beneficiation needs remain under review.

Financial highlights

• H1 FY2026 net loss after tax was $972,831, versus a $2,595,170 loss in H1 FY2025.

• Cash was $1.610m at 30 September 2026; quarterly exploration expenditure was $0.302m, with no substantive mining or development activity.

• At 30 June 2026, assets were $652,019, liabilities $540,255, cash $490,084 and borrowings nil.

Outlook and guidance

• Focus shifts to resource growth and project advancement at Arcadia and Rolleston South, technical and development studies, and strategic opportunities to progress future development decisions.

• Further coal quality results, refined geological interpretations and targeted drilling outcomes are expected in coming periods; work will inform a more targeted drilling strategy and development studies.

• Arcadia technical work will assess product proportions, yields, specifications and beneficiation requirements across coking, PCI and thermal pathways.