WHC 1.79% $7.98 whitehaven coal limited

News: WHC Whitehaven Q3 ROM coal output up over 2%; Blackwater stake sell-down underway

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    April 19 (Reuters) - Australia's Whitehaven Coal (WHC) posted a 2.3% rise in its third-quarter production on Friday, underpinned by strong performance at its Maules Creek and Gunnedah open cut mines.

    The country's top independent coal miner said its managed run-of-mine (ROM) coal production for the three months ended March 31 was 4.4 million tonnes (Mt), compared with 4.3 Mt a year earlier.

    The coal miner also indicated that a near 20% stake sell-down process at its recently bought Blackwater mine from BHP Group (BHP) is underway.

 
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