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Whitehaven Coal Provides September 2017 Quarterly Report

12 Oct 2017  |  08:39:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: September 2017 Quarterly Report

Whitehaven Coal provided September 2017 quarterly report. Safety performance across the group continued to improve with its TRIFR of 6.75 recordable injuries per million hours worked at the end of September 2017 declining from 7.42 at the end of June 2017. As expected Maules Creek continues to establish new ROM and saleable coal production records. ROM coal production from the mine for the quarter was 2.599Mt up 37% on 1.900Mt produced in the pcp. The mine operated at 10.5Mtpa rate, its current capacity for the quarter. There are US$84.0m in forward A$/$US exchange contracts currently in place at an average exchange rate of A$1.00 = US$0.7881. These contracts are deliverable between October 2017 and March 2018.

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