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Whitehaven Coal Limited

We are the dominant player in Australia’s only emerging high-quality coal basin. We help power developed and emerging economies in Asia where there is strong and growing demand for our product, particularly for use in high-efficiency, low-emissions coal-fired power stations.

We are also driving prosperity and economic growth in regional Australia, and North West NSW in particular, which is the focus of our capital investment and workforce presence.

We operate four mines (three open cut and one large underground mine) in the Gunnedah Coal Basin of NSW. Our operating assets are complemented by two high quality, near-term development assets, being Vickery, near Gunnedah, and Winchester South, in Queensland’s Bowen Basin. Over our almost 20 year history, including 12 years as a publicly listed entity on the Australian Securities Exchange, we have developed a growing reputation for excellence in project delivery and safe, efficient and environmentally responsible operations.

We are proudly local, and around 75% of our 2,4000-strong workforce lives in the local communities around our mine sites. We believe in helping communities grow, ensuring benefits flowing from our operations are seen and felt locally.

ASX Code
WHC

Sector
Energy

Website
https://whitehavencoal.com.au/

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News

Can Whitehaven weather the coal storm?

Whitehaven Coal (ASX:WHC) has joined rival Yancoal Australia in reporting a significant decline in revenue and earnings due to a global downturn in coal prices during the year ending June. Unlike Yancoal, which opted to conserve cash by suspending dividends, Whitehaven declared a smaller dividend after investing billions of dollars in two Queensland mines formerly owned by BHP and Mitsubishi.

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