Australia's Whitehaven Coal second-quarter output rises by 92.7%

Reuters
01-29
Australia's Whitehaven Coal second-quarter output rises by 92.7%

Jan 29 (Reuters) - Australia's Whitehaven Coal WHC.AX posted a 92.7% rise in its second-quarter production on Wednesday, helped by strong contributions from New South Wales mines and its recently acquired Queensland mines.

The country's top independent coal miner said its managed run-of-mine $(ROM)$ coal production for the three months ended December was 9.7 million metric tons, compared with 5 million tons produced a year earlier.

That was slightly ahead of the Visible Alpha consensus estimate of 9.5 million tons.

(Reporting by Sherin Sunny in Bengaluru; Editing by Alan Barona)

((Sherin.Sunny@thomsonreuters.com))

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