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Whitehaven Coal Limited ( (AU:WHC) ) has provided an update.
Whitehaven Coal Limited reported significant growth and operational success in FY25, marked by a strategic transformation and the acquisition of Daunia and Blackwater mines in Queensland. The company achieved a 60% increase in managed run-of-mine production, reaching 39.1 million tonnes, and strengthened its balance sheet through the sale of a 30% stake in Blackwater to Nippon Steel and JFE Steel. Despite a downturn in coal prices, Whitehaven’s increased scale and diversification, along with cost reductions, helped mitigate pricing pressures, showcasing the resilience of its business model.
The most recent analyst rating on (AU:WHC) stock is a Buy with a A$8.00 price target. To see the full list of analyst forecasts on Whitehaven Coal Limited stock, see the AU:WHC Stock Forecast page.
More about Whitehaven Coal Limited
Whitehaven Coal Limited is a prominent player in the coal mining industry, primarily focusing on the production and sale of high-quality thermal coal. The company operates in key regions of New South Wales and Queensland, Australia, and has recently diversified its operations through strategic acquisitions.
Average Trading Volume: 5,004,876
Technical Sentiment Signal: Buy
Current Market Cap: A$5.82B
Learn more about WHC stock on TipRanks’ Stock Analysis page.