Increased Coal Production
Coal production saw significant growth with wrong coal production increasing by 56% to 8.3 million tonnes, salable coal production up 33% to 5.4 million tonnes, and coal sales up 44%.
Financial Performance Improvement
Underlying EBITDA increased by 22% to $517 million, and statutory net profit after tax rose 35% to $340 million compared to the first half of 2024.
Cash Flow and Shareholder Returns
The business generated $370 million in cash flow from operating activities, enabling investments in growth and returns to shareholders, including a $0.19 per share fully franked interim dividend and a $100 million share buyback.
Safety Improvements
The company's 12-month moving average TRIFR decreased by 18% from 4.99 to 4.08, indicating an improvement in safety metrics.
Operational Efficiency
Group FOB cash costs decreased by 21% to $77.7 per sales tonne, with significant production increases at Bengalla Mine and New Acland Mine.