Strategy

GOAL

OUR GOAL IS TO BE THE LEADING ASX LISTED INDEPENDENT COAL COMPANY IN AUSTRALIA

STRATEGIC POSITION

DOMINATE THE GUNNEDAH BASIN

As the historical suppliers of quality coal into the premium Asian markets mines age and move up the cost curve, Whitehaven is uniquely positioned to fulfil the needs of those markets with premium quality coal. Whitehaven is now the dominant player in the only emerging high quality coal basin in Australia.

SUPERIOR COAL QUALITY

The world supply of high energy, low ash and low sulphur quality coal is constrained. As markets return to supply/demand balance, the relative scarcity of this coal will attract better pricing.

ALIGNED TO FUTURE REGULATION AND TECHNOLOGICAL INNOVATION

The world wants more energy createdwith lower emissions. Regulatory change around the world encourages the use of Whitehaven’s quality coal. It is in turn driving technological change to reduce emissions that requires our quality coal to meet their needs.

FOCUSED ON PREMIUM MARKETS

High quality coal ensures we are aligned to the markets that pay a premium price for a premium product. All our markets are growing and as a result, growing their coal consumption.

1ST QUARTILE COST CURVE

Whitehaven is positioned in the 1st quartile of the thermal coal cost curve in Australia. This will ensure that Whitehaven remains financially robust through the cycle.

CRITICAL MASS IN A CONSOLIDATED MARKET

In a consolidated market, Whitehaven’s recently achieved scale coupled with our long life mines positions the company as a credible, reliable and importantly independent supplier to our key customers for the long term.

SUSTAINABLE FOCUS ON COMMUNITY

The whole community must benefit from our presence. As the largest employer in our region and some 77% of our people living in the local area, $215m spent with over 600 businesses in the region and more than $120m paid in local wages, these contributions are fundamental to our deep local connection. Whitehaven now has 9% Aboriginal employment which reflects the Aboriginal representation in our communities, Whitehaven truly benefits the WHOLE community.