Whitehaven Coal Limited
(ASX:WHC) has reported a strong lift in coal production after the relocation and start-up of longwall equipment at its Narrabri Mine.
In its quarterly production report, the miner’s managed saleable coal production rose 44 per cent to 2.3 million tonnes in the three months to September 30, compared with 1.6 million tonnes in the previous corresponding period.
The miner said production set a new quarterly record and attributed the increase to record production rates from the longwall at Narrabri Mine, compared to early stage ramp up of the longwall in the previous corresponding period.
Mine coal production was 2.7 million tonnes in the quarter, a 39 per cent increase from 1.9 million tonnes in the previous corresponding period.
Whitehaven said its Narrabri Mine's annualised cutting rate for the longwall reached 7.1 million tonnes during the quarter.
Whitehaven booked a net loss of $82.2 million in fiscal 2013.
