14 July 2016
June Quarter 2016 – Guidance delivered
Whitehaven Coal’s June Quarterly Report can be found by clicking at this link: June Quarterly Report
HIGHLIGHTS
– Record full year ROM coal production of 20.5Mt, up 30% on previous corresponding period (pcp)
– Record saleable coal production of 19.7Mt and shipments of over 20.1Mt for year
– Managed and equity sales of 20.1Mt and 15.4Mt, up 44 and 42% respectively on the pcp
– Maules Creek operating over 9.0Mtpa rate in June quarter
– Narrabri and Tarrawonga established new ROM coal production records – Narrabri 1.05Mt in April and Tarrawonga 2.4Mt for full year
– ROM coal production of 5.6Mt and saleable coal production of 5.1Mt in June quarter
– Second longwall changeout at Narrabri completed on time and budget, full longwall production resumed
– Excellent ROM coal production from the Gunnedah open cuts of 5.8Mt for year, up 5% on pcp
A audio recording of the Investor Call held regarding this report can be found below.
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