Whitehaven Coal Expands with Strategic Acquisition
Company Announcements

Whitehaven Coal Expands with Strategic Acquisition

Whitehaven Coal Limited (AU:WHC) has released an update.

Whitehaven Coal Limited has reported a transformative acquisition of metallurgical coal mines, bolstering its position as a leading producer with an average coal price of A$219 per ton in Q3 FY24. The company experienced a 13% decrease in run-of-mine production compared to the previous quarter but remains on track to meet its annual production and sales guidance, with a significant additional contribution expected from the newly acquired Queensland operations.

For further insights into AU:WHC stock, check out TipRanks’ Stock Analysis page.

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