December 2016 Quarterly Report – Increasing Met Coal Sales

Whitehaven Coal has released its Quarterly Report for the December 2016 quarter.

Highlights

  • Continuing Improvement in safety performance – TRIFR 7.2 at the end of December from 9.9 at the end of September
  • Record managed quarterly and half year metallurgical coal sales of 1.2Mt and 2.0Mt respectively
  • Managed quarterly ROM coal production 5.5Mt
  • Managed quarterly saleable coal production 5.1Mt for quarter, up 2% on previous corresponding period
  • Managed quarterly coal sales 5.3Mt , up 7% on previous corresponding period
  • First half managed ROM coal production 10.9Mt, up 17% on previous corresponding period
  • First half managed saleable coal production 10.2Mt, up 10% on previous corresponding period
  • First half managed coal sales 10.3Mt, up 9% on previous corresponding period
  • Maules Creek operating at 10.5Mtpa rate at half year end
  • Expansion to the 400 metre wide panel at Narrabri on schedule to commence production in the June quarter FY2017

The full report can be downloaded at this link: December 2016 Quarterly Report

The audio of the Investor Call regarding this report can be found below: