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New Hope Corporation Limited (ASX:NHC)

ALERT: Price-sensitive ASX Announcement for NHC
Current share price for NHC : $5.880 1.16 (24.58%)+
Announcement
Release
16 Feb 2026 9:39AM
Price at Release
$4.720
Full Release
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Summary
New Hope Corporation Limited's Quarterly Activities Report for the quarter ending 31 January 2026 highlights a robust performance. The Group's ROM coal production increased by 4.8% to 4.1 million tonnes, and coal sales rose by 8.2% to 2.9 million tonnes compared to the previous quarter. The average realised sales price improved slightly to A$139.0 per tonne. The company maintained an underlying EBITDA of $106.9 million for the quarter, with a cash balance of $616.8 million by quarter-end. Bengalla Mine is expected to resume its 13.4Mtpa ROM coal production rate in the second half of the financial year due to progress in pit sequence re-alignment. The report also outlines adjustments in Bengalla Mine's sustaining capital guidance, focusing on capital optimization in response to market conditions.
Key Points
  • Group ROM coal production was 4.1 million tonnes, a 4.8% increase from the previous quarter.
  • Coal sales increased by 8.2% to 2.9 million tonnes.
  • The average realised sales price was A$139.0 per tonne.
  • Underlying EBITDA for the quarter was $106.9 million.
  • Available cash balance at the end of the quarter was $616.8 million.
  • Bengalla Mine is set to return to a 13.4Mtpa ROM coal production rate in the latter half of the financial year.
  • Reduction in sustaining capital guidance for Bengalla Mine.
  • The company is focusing on capital optimization amid market conditions.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.