Chinese coal miner Yanzhou Coal Mining Co plans to list its shares in Australia by end of 2012, after the company consolidates its operations in the country, the China Securities Journal said on Friday, quoting a senior company executive.

Yanzhou is starting consolidation of Felix Resources, which it acquired last year with $2.9 billion, as well as Austar Coal Mine in Australia, Li Weimin, the company's general manager, told the paper.

Li said Yanzhou plans to expand its production capacity in Australia to 30 million tonnes. In 2009, the company produced a total of 36 million tonnes of raw coal, according to a company statement.

China is the world's largest coal producer and consumer, and generates about 80 percent of its power from coal.

China has vowed to push forward consolidation in the coal industry, which has long been plagued with a poor safety record, inefficiency and pollution.

Li said the current consolidation drive in the coal industry is expected to curb production growth in the short term, while in the long term, coal mining capacity will grow in tandem with economic development.