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Whitehaven Coal Ltd (WHC.AX)

WHC.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Whitehaven Coal Posts QTRLY Managed Rom Coal Production 3,124 KT
Thursday, 16 Jan 2020 

Jan 16 (Reuters) - Whitehaven Coal Ltd ::QTRLY MANAGED ROM COAL PRODUCTION 3,124 KT VERSUS 7,390 KT.QTRLY MANAGED SALEABLE COAL PRODUCTION 3,114 KT VERSUS 5,583 KT.FY20 GUIDANCE REMAINS UNCHANGED.QTRLY TOTAL EQUITY COAL SALES 3,861 KT VERSUS 4,319 KT.QTRLY MANAGED TOTAL COAL SALES 4,485 KT VERSUS 5,405 KT.MAULES CREEK OPERATIONS AFFECTED BY LABOUR SHORTAGES, DUST & SMOKE EVENTS ASSOCIATED WITH DROUGHT CONDITIONS, REGIONAL BUSHFIRES.  Full Article

Whitehaven Coal Expects FY20 Managed ROM Coal Production Of 20.0 MT - 22.0 MT
Thursday, 5 Dec 2019 

Dec 5 (Reuters) - Whitehaven Coal Ltd ::SEES FY20 MANAGED ROM COAL PRODUCTION OF 20.0 - 22.0 MT DOWN FROM EARLIER GUIDANCE OF 22.0 MT - 23.5 MT.SEES FY20 MANAGED COAL SALES BETWEEN 19.0 MT - 20.0 MT FROM EARLIER GUIDANCE OF 20.0 MT - 21.0 MT.REVISED GUIDANCE DUE TO CHALLENGES EXPERIENCED SOURCING SKILLED OPERATORS FOR MAULES CREEK; IMPACTS FROM DUST EVENTS DUE TO DROUGHT.FY20 UNIT COST (EXCLUDING ROYALTIES) GUIDANCE RAISED TO 73 -75A$/T FROM 70A$/T.CURRENTLY NO INTERRUPTION IS EXPECTED FOR FY20 OPERATIONS ON ACCOUNT OF WATER SUPPLY ISSUES.  Full Article

Whitehaven Coal Ltd Says FY20 Guidance Remains Unchanged
Tuesday, 22 Oct 2019 

Oct 22 (Reuters) - Whitehaven Coal Ltd ::FY20 GUIDANCE REMAINS UNCHANGED.SEPTEMBER QUARTER SALEABLE COAL PRODUCTION OF 4.9MT, UP 23% ON PCP.SEPTEMBER QUARTER OF 4.4MT ROM COAL PRODUCTION , UP 22%.SEPTEMBER QUARTER COAL SALES OF 5.5MT, UP 14% ON PCP.DYNAMICS IN STEEL MARKET ARE BEING IMPACTED BY TRADE WAR BETWEEN CHINA AND US.OUTLOOK FOR METALLURGICAL COAL HAS EXPERIENCED SOME DETERIORATION IN LAST QUARTER WITH OPERATING MARGINS IN STEEL MARKET CONTRACTING.SIGNS ARE EMERGING OF A MODEST RECOVERY IN COAL IMPORT VOLUMES INTO CHINA.  Full Article

Whitehaven To Acquire 7.5% Interest In Narrabri Mine
Friday, 23 Aug 2019 

Aug 23 (Reuters) - Whitehaven Coal Ltd ::WHITEHAVEN TO ACQUIRE 7.5% INTEREST IN NARRABRI MINE.CONSIDERATION FOR ACQUISITION IS US$72 MILLION.FOLLOWING COMPLETION, WHITEHAVEN WILL OWN 77.5% OF MINE.ENTERED AGREEMENT TO ACQUIRE EDF TRADING AUSTRALIA PTY LTD, WHICH OWNS A 7.5% INTEREST IN WHITEHAVEN-OPERATED NARRABRI MINE.  Full Article

Whitehaven Coal Posts FY Net Profit After Tax Before Significant Items Of $564.9 Mln
Thursday, 15 Aug 2019 

Aug 15 (Reuters) - Whitehaven Coal Ltd ::REPORTED A RECORD NET PROFIT AFTER TAX BEFORE SIGNIFICANT ITEMS OF $564.9 MILLION FOR FY2019.FY SALES REVENUE OF $2,487.9 MILLION, UP 10%.PROPOSED TO PAY A DIVIDEND OF 30 CENTS PER SHARE TO SHAREHOLDERS.SEES FY20 ROM COAL PRODUCTION AT BETWEEN 22.0 – 23.5 MT.SEES FY20 COST OF COAL AT $70/T.SEES FY20 MANAGED COAL SALES BETWEEN 20.0 - 21.0 MT.WHITEHAVEN COAL- LONGER TERM OUTLOOK FOR METALLURGICAL COAL REMAINS HEALTHY, STEEL PRODUCTION HOLDING UP WELL IN INDIA, CHINA & JAPAN, AMONG OTHERS.  Full Article

Whitehaven Coal Posts Qtrly Saleable Coal Production Of 5.2 MT, Up 9%
Thursday, 11 Jul 2019 

July 11 (Reuters) - Whitehaven Coal Ltd ::JUNE QUARTER SALEABLE COAL PRODUCTION OF 5.2MT, UP 9% ON PCP.JUNE QUARTER COAL SALES (INCLUDING PURCHASED COAL) OF 5.3MT, UP 12% ON PCP.ROCGLEN MINE SCHEDULED TO MOVE TO REHABILITATION PROGRAMME IN FY2020.FY19 ROM COAL PRODUCTION 23.2MT.FY19 SALEABLE COAL PRODUCTION 19.8MT.  Full Article

Rio Tinto Completes Sale Of Winchester South For $200 Mln
Friday, 1 Jun 2018 

June 1 (Reuters) - Rio Tinto Ltd ::COMPLETES SALE OF WINCHESTER SOUTH FOR $200 MILLION.  Full Article

Whitehaven Coal HY ‍Net Profit After Tax Up 63 Percent ​
Friday, 16 Feb 2018 

Feb 16 (Reuters) - Whitehaven Coal Ltd ::HY ‍ NET PROFIT AFTER TAX ATTRIBUTABLE $257.2 MILLION, UP 63 PERCENT ​.‍INTERIM DIVIDEND OF 13.0 CENTS PER SHARE ​.HY REVENUE FROM ORDINARY ACTIVITIES $1.15 BILLION VERSUS $823.5 MILLION.FY2018 GUIDANCE FOR SALEABLE COAL PRODUCTION WAS REVISED TO THE RANGE OF 20.5MT TO 21.0MT.COSTS FOR THE YEAR ARE LIKELY TO INCREASE SLIGHTLY.  Full Article

UPDATE 1-Whitehaven Coal Q2 output slumps 44% on labour, drought issues

Jan 16 Australia's Whitehaven Coal Ltd on Thursday posted a 44% drop in second-quarter saleable coal production as labour issues and drought-related weather conditions hit output at its flagship Maules Creek mine.