23 October 2026

September 2026 Quarterly Production Report

Strong Q1 production and cost performance delivers a strong start to FY27

Total recordable injury frequency rate (TRIFR) of 7.4 for employees and contractors for the quarter
September quarter managed ROM production of 11.0Mt, up 3% on the June quarter (up 22% on pcp)
September quarter equity sales of produced coal of 6.0Mt, down 5% on the June quarter reflecting reduced vessel throughput from export terminal disruptions at RG Tanna and PWCS
Unit cost of coal for the quarter was at the low end of the FY27 guidance range of $132 – $147/t
Whitehaven average achieved price of A$226/t, up 2% on the June quarter (up 20% on pcp)
Net debt of ~A$1.4 billion at 30 September 2026, with the temporary impact of sales slippages and elevated inventories expected to unwind in the December quarter.

QLD – Strong Q1 ROM production providing a solid start for FY27, sales to recover in Q2

QLD managed ROM production of 5.5Mt for the September quarter, down 4% on June quarter
QLD equity sales of produced coal of 2.8Mt for the quarter, down 12% on the June quarter reflecting poor terminal performance at RG Tanna in the quarter
September quarter average price of A$257/t for QLD operations with 12-month average metallurgical coal realisations at 74% of the PLV HCC Index.

NSW – Narrabri ROM production was strong in Q1 contributing to a good quarter for NSW

NSW managed ROM production of 5.5Mt in the September quarter, up 10% on the June quarter
NSW equity sales of produced coal of 3.2Mt for the quarter, up 2% on the June quarter
September quarter average achieved price of A$198/t for NSW operations with thermal coal realisations at 103% of the gC NEWC Index.

Managing Director and CEO, Paul Flynn said:

“Whitehaven has had a strong start to FY27, with September quarter managed ROM production of 11.0Mt and equity sales of 6.0Mt.

“Both our Queensland and New South Wales operations delivered good operational outcomes, with solid ROM production and unit costs at the low end of our FY27 guidance range, despite elevated diesel costs.

“Customer demand remained strong and coal prices continued to strengthen during the September quarter.

“Sales volumes were solid, although export terminal disruptions at both RG Tanna and PWCS resulted in sales slipping from the September quarter into the December quarter.

“With stronger coal prices and the deferred and contingent payments for the Queensland acquisition nearing completion, Whitehaven is well positioned to generate stronger cash flows and increase financial flexibility over the remainder of FY27.”

Read the full September 2026 Quarterly Production Report here.

Categories:

Back to News