Whitehaven Coal Says Qtrly Managed Saleable Coal Production 8,288 KT
July 19 (Reuters) -Whitehaven Coal Ltd WHC.AX:
QTRLY MANAGED SALEABLE COAL PRODUCTION 8,288 KT
A POTENTIAL SELL DOWN OF 20% OF BLACKWATER MINE TO GLOBAL STEEL PRODUCERS AS STRATEGIC JOINT VENTURE PARTNERS IS PROGRESSING
AVERAGE COAL PRICE OF A$271/T ACHIEVED FROM NEWLY ACQUIRED QLD OPERATIONS IN QUARTER
QTRLY MANAGED ROM COAL PRODUCTION 9,744 KT
QTRLY TOTAL MANAGED COAL SALES 7,332 KT
EXPECT TO REPORT FY24 UNIT COST OF COAL OF A$114/TONNE
QTRLY TOTAL EQUITY COAL SALES 6,532 KT
WHITEHAVEN COAL - NET DEBT POSITION AT 30 JUNE 2024 A$1.3 BILLION
DID NOT SUPPLY ANY COAL UNDER DOMESTIC COAL RESERVATION SCHEME IN JUNE QUARTER
SEES HIGHER METALLURGICAL COAL PRICES OVER THE NEAR- AND LONG-TERM
STRUCTURAL SUPPLY SHORTFALL IN SEABORNE HIGH CV THERMAL COAL CONTINUES TO GROW AS A RESULT OF UNDERINVESTMENT IN NEW SUPPLY
Further company coverage: WHC.AX
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