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Whitehaven Coal


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Whitehaven Coal Business Description

Traded in Other Exchanges
Address
259 George Street, Level 28, Sydney, NSW, AUS, 2000
Whitehaven Coal is a large Australian independent thermal and semisoft metallurgical coal miner with mines in the Gunnedah Basin, New South Wales. It also owns the large Vickery and Winchester South deposits in New South Wales and Queensland, respectively. Coal is railed to ports in Newcastle for export to Asian customers. It has agreed to buy Blackwater and Daunia, two coking coal mines in Queensland, from BHP and Mitsubishi, effective mid-2024. Along with expanded production at Maules Creek and Narrabri, this should see its share of salable coal production approach 36 million metric tons from fiscal 2028, from about 13 million in fiscal 2023. Development of Vickery could see around 7 million metric tons of extra equity production, with first output likely from about 2025 in our view.