ASX:WHC:

Whitehaven Coal is proud to be the leading Australian producer of premium-quality coal

We are the dominant player in Australia’s only emerging high-quality coal basin. We help power developed and emerging economies in Asia where there is strong and growing demand for our product, particularly for use in high-efficiency, low-emissions coal-fired power stations.

Our purpose as a company is to support and sustain regional communities by exporting high-quality thermal and metallurgical coal from Australia to the world. North West NSW is the focus of our capital investment and workforce presence.

We operate four mines (three open-cut and one large underground mine) in the Gunnedah Coal Basin of NSW. Our operating assets are complemented by two high-quality, near-term development assets, being Vickery, near Gunnedah, and Winchester South, in Queensland’s Bowen Basin. Over our almost 20-year history, including 12 years as a publicly-listed entity on the Australian Securities Exchange, we have developed a growing reputation for excellence in project delivery, safe operation, and targeted investment in the local economy and community.

We are proudly local, and around 75% of our 2,500-strong workforce lives in the local communities around our mine sites. We believe in helping communities grow, ensuring benefits flowing from our operations are seen and felt locally.

Our purpose

To support and sustain regional communities by exporting high-quality thermal and metallurgical coal from Australia to the world.

Our vision

To be the benchmark coal investment on the ASX.

Our principles

Our principles represent how we work and guide our interactions internally and with external stakeholders.  

Safety

The safety of our people, workplaces and the communities around us comes first. We are committed to Zero Harm.

Teamwork

We work collaboratively and support one another.

Respect

We foster a diverse and inclusive culture and deal with all stakeholders respectfully.

Integrity

We are honest and do the right thing.

Value

We create value for shareholders, customers and local communities.

Excellence

We deliver on our commitments.

Our strategy

Our vision is to be the benchmark coal investment on the ASX.

Our strategy is to own and operate large, lower-cost mines producing a mix of high-CV thermal coal and premium semi-soft coking coal, and to increase our share of the growing market for these products in our region.

We have invested in high-quality, large-scale, long-life assets that allow the
business to efficiently manage the cyclical nature of the commodities sector.

We expect to grow our portfolio from a managed level of approximately 21Mt in 2020 to over 40Mt by 2030.

As some of our smaller foundation mines reach the end of their lives, our business is oriented towards scaling-up larger existing operations and delivering on our key development assets, Vickery and Winchester South.

Maintaining capital discipline and a focus on productivity gains over an expanding production base will continue to drive returns for shareholders.

Our track record of growth and our strong development pipeline make us an attractive employer for committed and motivated people who value being a part of a community and achieving goals.

As the largest private employer in North West NSW, we will continue to communicate the benefits of our regional location – and that of our development site in Queensland’s Bowen Basin – to attract talent to support high performance and further expansion.

We are actively assessing and pursuing opportunities to access latent capacity in our mines through upgrades to mobile equipment as well as fixed infrastructure.

These opportunities help us realise the full extent of the resources at our mines and enable us to do more, with less.

The supply of high-energy, low-ash and low-sulphur coal globally is constrained but, at the same time, demand for coal with these attributes is increasing in a world seeking to minimise atmospheric carbon emissions.

Our quality assets and strong customer relationships in the key export markets within our geographic region mean we are able to attract premium pricing for our products.

Our business produces high-quality thermal coal and semi-soft coking coal (SSCC).

 With the purchase of Winchester South, we have set a path to increase our exposure to other metallurgical coal products. We can also optimise revenue by responding to prevailing pricing spreads between the thermal and SSCC markets.

Productivity of the coal mining industry has improved over time as equipment has become bigger and more efficient.

We employ large equipment matched to the mining conditions at our operations including ultraclass and autonomous fleets at Maules Creek and our highly-automated 400m longwall face at Narrabri.

We take time to critically assess the strengths and weaknesses of our business and market dynamics.

Where acquisition opportunities present themselves, we review and act on them appropriately. We do this in a measured and disciplined manner with the objective of creating longer term value for our shareholders.

Our customers

Select a location on the map

South Korea

Japan

India

Taiwan

Vietnam

Malaysia

Philippines

Indonesia

New Caledonia


High-quality coal

Coal has been the fastest growing energy source over the last ten years and global demand continues to rise, especially in South East Asia.

Our coal helps power regional economies through its contribution to energy generation and steel production and is highly sought-after for its unique properties, including the fact it delivers among the lowest carbon emissions per tonne of coal consumed in the seaborne trade.


How we operate

Supporting communities

We prioritise creating social and economic value in the communities in which we operate.

We’re proud of our origins in the NSW Gunnedah Basin and of the strong, community-based, partnerships we have established over two decades of continuous operation.

We are proud to be the largest employer in North West NSW, with 75% of our approximately 2,500-strong workforce living permanently in the communities around our operations.


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Indigenous engagement

We work in partnership with Indigenous people connected to the land where we operate to address disadvantage.

Our Indigenous Employment Strategy in particular continues to help transform and empower the lives of local Indigenous men and women through meaningful and well-paid work, and has been recognised by the NSW Minerals Council as ‘best in class.’


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Environment

We are committed to safe, responsible and sustainable environmental management across all aspects of our operations.

Our approach to environmental management focuses on avoiding environmental impacts where possible, mitigating unavoidable impacts, rehabilitating or restoring disturbed areas, and offsetting to compensate for any significant residual adverse impacts that cannot be otherwise avoided, minimised or rehabilitated.


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