I believe it is because Werris Creek is producing PCI and Tarrawonga is producing semi-soft coking, neither of them are premium HCC. @hagetaka will know specifics. But you’re right, the discount got extra steep in December:
Daunia and BW get much better realisation, from memory it’s around 90% - it’s in the October M&A presentation pack.
WHC Prices Realized Thermal vs. Met Coal, page-2
Add WHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.97 |
Change
-0.020(0.22%) |
Mkt cap ! $7.504B | |||
| Open | High | Low | Value | Volume |
| $8.97 | $9.08 | $8.94 | $35.74M | 3.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7560 | $8.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.97 | 14961 | 3 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| WHC (ASX) Chart |