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Whitehaven Coal Limited (ASX:WHC)

ALERT: Price-sensitive ASX Announcement for WHC
Current share price for WHC : $7.260 0.25 (3.57%)+
Announcement
Release
24 Oct 2025 8:36AM
Price at Release
$7.010
Full Release
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Summary
Whitehaven Coal Limited reported a strong start to FY26 with solid production and sales results for the September 2025 quarter. The company achieved a total ROM coal production of 9.048 million tonnes, with managed saleable coal production at 7.333 million tonnes. Sales of produced coal were 7.486 million tonnes. Despite a challenging pricing environment, Whitehaven maintained a robust financial position with net debt at approximately $0.8 billion. NSW operations achieved an average price of A$175 per tonne, while QLD operations saw an average price of A$200 per tonne for coal sales. The report highlights ongoing operational improvements, cost discipline, and strategic projects such as the Narrabri Stage 3 Extension and the Winchester South Metallurgical Coal Project. Whitehaven continues to focus on operational excellence and strategic growth, with a focus on maintaining cost efficiency within the guidance range of A$130-145 per tonne for FY26.
Key Points
  • NSW equity sales of produced coal were 2.8Mt, up 6% from the previous quarter.
  • September quarter average price for NSW operations was A$175/t.
  • Solid first quarter result despite flooding impacting ROM production.
  • Queensland ROM production was 4.7Mt, with ongoing operational improvements.
  • Equity coal sales totaled 5.9Mt with a soft pricing environment.
  • FY26 cost of coal expected to remain within A$130-145/t.
  • Net debt was approximately $0.8 billion as of September 30, 2025.
  • Development projects include Narrabri Stage 3 and Winchester South.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.