Comments from MD and CEO, Paul Flynn “I’m pleased to report another solid quarter of production and sales across our operations to close the first half of FY25 with strong ROM production of 19.4Mt, including 9.9Mt from our Queensland mines and 9.4Mt from our New South Wales mines. “Production and sales volumes are tracking very well, including record sales volumes from Daunia in the December quarter. We are on track to deliver firmly in the upper half of FY25 production and sales guidance, and at the low end of our full year cost guidance range. “We are continuing to reshape our Queensland business for long-term success, with good progress being made to deliver productivity gains and cost improvements. “We expect to receive the US$1.08 billion of proceeds from the 30% sell down of Blackwater in Q3 FY25, further strengthening the balance sheet and providing an opportunity to review Whitehaven’s capital allocation at the end of FY25.
WHC Price at posting:
$5.62 Sentiment: Buy Disclosure: Held
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