Whitehaven Coal Ltd
Company Profile
Business description
Whitehaven Coal is a large Australian independent thermal and metallurgical coal miner with mines in the Gunnedah Basin, New South Wales. It also bought Blackwater and Daunia, two coking coal mines in Queensland, from BHP and Mitsubishi in April 2024. In addition, it owns the large Vickery and Winchester South deposits in New South Wales and Queensland, respectively. Coal is railed to ports in Newcastle and Queensland for export to Asian customers. Along with expanded production at Maules Creek and Narrabri, we expect its share of salable coal production to approach 32 million metric tons from fiscal 2029, from about 13 million in fiscal 2023. Initial development of Vickery will see around 1 million metric tons of extra equity production, with potential expansion to 7 million metric tons.
Contact
259 George Street
Level 28
SydneyNSW2000
AUST: +61 282221100
Sector
Energy
Stock type
Sensitive
Industry
Thermal Coal
Fiscal Year End
30 June 2025
Employees
1,227
Morningstar Investment Ideas
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