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Whitehaven Coal Apr-Jun Quarterly Production Report

Coal News - Published on Wed, 15 Jul 2020

Image Source: Whitehaven Coal
Whitehaven Coal Managing Director and CEO Paul Flynn said “Despite drought, bushfires and COVID-19 it was great to finish the year so strongly and achieve our ROM and managed sales guidance. We recorded our best ever safety result, 4.13 TRIFR, which is a credit to the team and the strong safety culture we are building across all sites. Our Vickery Project is now in the final stages of the NSW Government’s evaluation process and we expect a decision within weeks. Against an uncertain global economic backdrop Whitehaven is focused on optimising existing operations and observing disciplined capital management.”

Highlights

Record June quarter managed ROM coal production of 8.2 million tonnes, up 17% YoY

Record June quarter managed saleable coal production of 6.2 million tonnes, up 29% YoY

Strong June quarter managed sales of produced coal 5.3 million tonnes, up 13% YoY

Managed coal stocks of 3.7 million tonnes at period end

FY20 managed ROM coal production of 20.6 million tonnes, achieved full year guidance

FY20 managed coal sales of 17.5 million tonnes, achieved full year guidance

Source :

Posted By : Yogender Pancholi on Wed, 15 Jul 2020
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