BRIEF-Whitehaven Coal Reiterates FY25 Guidance, Posts Q1 Total Managed Coal Sales ‍7,401 KT

Reuters

2024-10-25

Oct 25 (Reuters) - Whitehaven Coal Ltd :

* IN QUEENSLAND, WE ARE SEEING PRODUCTIVITY GAINS AND COST IMPROVEMENTS

* FY25 GUIDANCE REMAINS UNCHANGED AT THE END OF THE QUARTER

* OUR COSTS ARE TRACKING TOWARDS BOTTOM END OF OUR FULL YEAR COST GUIDANCE

* AVERAGE COAL PRICE OF A$211/T ACHIEVED FROM NSW OPERATIONS IN QUARTER

* EXPECT TO RECEIVE US$1.08 BILLION OF PROCEEDS FROM 30% SELL DOWN OF BLACKWATER IN Q3 FY25

* NET DEBT AT 30 SEPTEMBER 2024 WAS A$1.2 BILLION

* QTRLY MANAGED ROM COAL PRODUCTION ‍9,678 KT

* QTRLY TOTAL MANAGED COAL SALES ‍7,401 KT

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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