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Whitehaven Coal has released its March 2021 quarter production report and revised financial year (FY) 2021 guidance.
Highlights
The March quarter managed run-of-mine (ROM) production of 5.5 million t, up 12% on previous corresponding period (pcp).
March quarter managed saleable coal production of 4.3 million t, up 6% on pcp.
March quarter total managed coal sales 4.8 million t, up 7% on pcp, managed own coal sales 4.2 million t, up 7% on pcp, total equity coal sales 4 million t, up 7% on pcp, and equity sales of own coal 3.4 million t, up 7% on pcp.
Managed coal stocks of 2.8 million t at period end.
As reported to the market on 23 March 2021, rail and port infrastructure were impacted by weather events in March and the outage of Newcastle Coal Infrastructure Group (NCIG) shiploader SL1.