Whitehaven Coal reports highest quarterly coal production

Company News


Whitehaven Coal Limited (ASX:WHC) has announced record high ROM coal production of 5.7Mt for the March quarter, up 21% compared with the previous corresponding period and 44% YTD.
 
The company also recorded its highest quarterly saleable coal production of 5.3 Mt for March, up 28% compared to a year earlier, and 48% YTD.
 
Whitehaven Coal says that it is on track to meet FY2016 guidance for saleable coal to be in the range of 19.5 Mt to 20.1 Mt.
 
The miner says that costs guidance for the full year FY2016 is now expected to be $57/t.
 
Whitehaven Coal recorded a net profit of $7.84 million at 31 December 2015.

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