Whitehaven Coal Managing Director and CEO Mr Paul Flynn said “With demand for high quality coal outstripping global supply, Whitehaven remains well placed to support energy security through transition and to deliver strong returns for shareholders. Coal prices set a new record during the June quarter and continue to be well supported. Stronger operational performance has enabled us to deliver our FY22 production and sales guidance in spite of a tight labour market and COVID-related absenteeism. Improved operational performance combined with record high coal price will underpin our strongest ever full year result. We expect to report a full year EBITDA of approximately AUD 3.0 billion, subject to final audit.Whitehaven achieved a record average coal price of AUD 514 per tonne for the quarter and AUD 325 per tonne for FY22FY22 managed ROM coal production of 20.0 million tonnes and total equity sales of produced coal of 14.2 million was down 2% on FY21 while managed sales of produced coal of 17.6 million tonne was within guidance
Whitehaven Coal Managing Director and CEO Mr Paul Flynn said “With demand for high quality coal outstripping global supply, Whitehaven remains well placed to support energy security through transition and to deliver strong returns for shareholders. Coal prices set a new record during the June quarter and continue to be well supported. Stronger operational performance has enabled us to deliver our FY22 production and sales guidance in spite of a tight labour market and COVID-related absenteeism. Improved operational performance combined with record high coal price will underpin our strongest ever full year result. We expect to report a full year EBITDA of approximately AUD 3.0 billion, subject to final audit.Whitehaven achieved a record average coal price of AUD 514 per tonne for the quarter and AUD 325 per tonne for FY22FY22 managed ROM coal production of 20.0 million tonnes and total equity sales of produced coal of 14.2 million was down 2% on FY21 while managed sales of produced coal of 17.6 million tonne was within guidance
