Strong Recovery in ROM Coal Mining Volumes
Stanmore reported a strong recovery in ROM coal mining volumes, maintaining full-year saleable production guidance despite wet weather challenges. ROM production was particularly high at South Walker Creek and Poitrel, with South Walker Creek achieving the highest ROM production since mid-2022.
Zero Serious Accidents
The company achieved a serious accident frequency rate of 0 for the first time since late 2023, highlighting strong safety performance.
Positive Cash Flow and Strong Liquidity
Stanmore generated positive cash flow over the quarter and retained a strong liquidity position of more than USD 400 million.
Isaac Plains 60% Increase in ROM Volumes
Isaac Plains delivered ROM volumes of 932,000 tonnes, a 60% increase on the prior quarter, overcoming heavy weather-affected conditions.