New Hope Corp Ltd

NHC

Company Profile

  • Business description

    New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should sell around 13 million metric tons of thermal coal annually from fiscal 2028, up from around 8.7 million in fiscal 2024, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope’s production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 20% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.

  • Contact

    175 Eagle Street
    Level 18
    BrisbaneQLD4000
    AUS

    T: +61 734180500

    https://www.newhopegroup.com.au

  • Sector

    Energy

    Stock type

    Sensitive

  • Industry

    Thermal Coal

    Fiscal Year End

    31 July 2025

    Employees

    1,084

New Hope Corp Ltd News & Analysis

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