Whitehavens Q1 profit lifts

Whitehaven Coal (WHC) has reported a strong lift in coal production after the relocation and startup of longwall equipment at its Narrabri Mine.

In its quarterly production report, the miner said its managed saleable coal production rose 44% to 2.3 million tonnes in the three months to September 30, compared with 1.6 million tonnes in the previous corresponding period.

The miner said production set a new quarterly record and attributed the increase to record production rates from the longwall at Narrabri Mine, compared to early stage ramp up of the longwall in the previous corresponding period.

Managed run of mine coal production was 2.7 million tonnes in the quarter, a 39% increase from 1.9 million tonnes in the previous corresponding period.