News: WHC Whitehaven Coal Says Qtrly Total Managed Coal Sales 4,741 KT

Jan 19 (Reuters) - Whitehaven Coal Ltd (WHC) :

• QTRLY TOTAL MANAGED COAL SALES 4,741 KT VERSUS 4,629 KT REPORTED LAST YEAR
• QTRLY MANAGED ROM COAL PRODUCTION 5,027 KT VERSUS 4,838 KT REPORTED LAST YEAR
• QTRLY MANAGED SALEABLE COAL PRODUCTION 4,161 KT VERSUS 4,047 KT REPORTED LAST YEAR
• NARRABRI'S EXPECTED CONTRIBUTION FOR FY24 IS NOW IN RANGE OF 5.1MT - 5.7MT.
• QTRLY TOTAL EQUITY COAL SALES 3,890 KT VERSUS 3,786 KT REPORTED LAST YEAR
• OVERALL FY24 ROM AND SALES GUIDANCE REMAIN UNCHANGED
• QTRLY AVERAGE COAL PRICE ACHIEVED A$216/T
• SEES FY24 MANAGED COAL SALES 16.0 - 17.5 MT
• FY24 COSTS ARE TRACKING TOWARDS TOP END OF COST GUIDANCE RANGE.
• SEES FY24 CAPITAL EXPENDITURE OF A$ 400 - 450 MILLION
• THE DERAILMENT OCCURRED IN DEC, AND SUBSEQUENT DISRUPTION ON THE ULAN RAIL LINE, DID NOT IMPACT CO'S OPERATIONS IN THE QUARTER
• WERRIS CREEK REMAINS ON TRACK TO COMPLETE MINING IN Q3 FY24
• FY24 PRODUCTION AND SALES MIX IS EXPECTED TO REFLECT STRONGER PERFORMANCE AT OPEN CUT MINES AND LOWER VOLUMES FROM NARRABRI
• AVERAGE REALISED PRICE OF A$216/T WAS ACHIEVED FOR THE QUARTER
• VICKERY EARLY MINING PROJECT IS PROGRESSING IN LINE WITH PLAN, WITH FIRST ROM COAL EXPECTED MID-CY24
• WERRIS CREEK FINAL COAL SALES ARE EXPECTED TO BE DELIVERED IN Q4 FY24
• FY24 PRODUCTION MIX EXPECTED TO BE SKEWED TO OPEN CUT OPERATIONS