News: WHC Whitehaven Coal Says Qtrly Managed ROM Coal Production 5,138 KT

Jan 14 (Reuters) - Whitehaven Coal Ltd (WHC) :

• QTRLY MANAGED ROM COAL PRODUCTION 5,138 5,138 KT VERSUS 3,124 KT
• FY21 GUIDANCE UPDATED AND TIGHTENED
• WHITEHAVEN COAL LTD QTRLY TOTAL EQUITY COAL SALES FROM CONTINUING OPERATIONS 3,736 KT VERSUS 3,762 KT
• INCREASED ITS FY21 MANAGED COAL SALES (EXCLUDING PURCHASED COAL) GUIDANCE TO 19.0 - 20.0MT
• QTRLY MANAGED SALEABLE COAL PRODUCTION FROM CONTINUING OPERATIONS 3,949 KT VERSUS 3,069 KT
• NARRABRI'S FY21 MANAGED ROM PRODUCTION GUIDANCE REVISED DOWN TO 5.4 - 6.0MT
• QTRLY TOTAL MANAGED COAL SALES FROM CONTINUING OPERATIONS 4,461 KT VERSUS 4,386 KT
• WHITEHAVEN COAL LTD SEES FY21 MANAGED ROM COAL PRODUCTION 21.0 - 22.5 MT
• SEES FY21 MAULES CREEK MANAGED ROM COAL PRODUCTION OF 11.8 - 12.4 MT
• IN MID-NOV ONE OF NEWCASTLE COAL INFRASTRUCTURE GROUP'S SHIPLOADERS WAS DAMAGED DUE TO STORM
• HAS HAD TO SOURCE AD-HOC MONTHLY CAPACITY OF ABOUT 200KT/MONTH UNTIL SHIPLOADING CAPACITY AT NCIG CAN BE LIFTED
• ABOUT 550KT OF EQUITY SALES OF PRODUCED COAL SLIPPED FROM DEC QUARTER INTO MARCH QUARTER
• NCIG AND WHITEHAVEN MAINTAIN INSURANCE POLICIES ADDRESSING INCREASED COSTS THAT MAY ARISE FROM DAMAGE TO SHIPLOADER
• DOES NOT EXPECT TO CONSIDER MAKING FINAL INVESTMENT DECISION IN RELATION TO THREE MAIN DEVELOPMENT PROJECTS IN FY21
• QTRLY MANAGED ROM COAL PRODUCTION 5,138 KT VERSUS 3,124 KT (REMOVES EXTRANEOUS NUMBERS)