Highlights

  • Managed ROM coal production rose 3% quarter on quarter to 11.0 Mt.
  • Equity sales of produced coal fell 5% sequentially to 6.0 Mt.
  • The average achieved coal price reached AUD 226 per tonne, up 2% quarter on quarter.

Whitehaven Coal Ltd (ASX:WHC) operates in the energy and resources sector and disclosed a series of operational and financial developments in its latest ASX release. Its shares were quoted at AUD 7.78 and fell 2.51% on 28 October 2026. The company’s announcement sets out the reported results for its stated financial or operating period, with information on Business activity, operational indicators and management’s disclosed next steps. The update covers separately reported operational, financial and project measures for the periods identified by the company.

Production and Regional Contributions

Whitehaven reported 11.028 Mt of managed run-of-mine coal production for the September 2026 quarter, compared with 10.725 Mt in June and 9.048 Mt in September 2025. Managed saleable production was 8.467 Mt, up 5% quarter on quarter. Equity saleable production reached 6.683 Mt, also up 5%, while equity sales of produced coal were 6.000 Mt, compared with 6.316 Mt in the prior quarter. Queensland managed ROM output totalled 5.491 Mt and New South Wales output reached 5.538 Mt. NSW production increased 10% sequentially, while Queensland production fell 4%.

Coal Prices and Export Timing

Whitehaven reported an average achieved price of AUD 226 per tonne, up 2% sequentially and 20% from a year earlier. The company cited export terminal disruptions at RG Tanna and Port Waratah Coal Services as contributors to the deferral of certain sales into the December quarter. Managed coal stocks increased to 5.292 Mt, compared with 3.859 Mt at June quarter-end. Equity coal stocks increased to 4.077 Mt. Management reported net Debt of approximately AUD 1.4 billion at 30 September 2026. It expected the impact of deferred sales and elevated inventories to unwind subsequently, subject to export conditions.

Mine Operations and Cost Guidance

Blackwater recorded 4.1 Mt of ROM output in Queensland, broadly in line with June. Daunia produced 1.4 Mt, down 19% sequentially in line with the mine sequence. In New South Wales, Narrabri produced 1.9 Mt of ROM coal and Maules Creek produced 2.7 Mt. Whitehaven said September-quarter unit coal costs were at the lower end of its FY27 guidance range of AUD 132–147 per tonne. Export logistics, vessel queues and the timing of planned and unplanned port maintenance remained covered in the quarterly update. The reported September total recordable injury frequency rate was 7.4.

The reported figures and operational updates were provided by Whitehaven Coal Ltd (ASX:WHC) for the period identified in its filing. Forecasts, targets, proposed transactions and commissioning schedules are company statements rather than completed outcomes. Where the announcement describes conditions, dependencies or approvals, those qualifications remain part of the disclosed position. Financial measures and operating units are retained separately to avoid presenting different measures as interchangeable.

Reported group managed coal sales totalled 7.651 Mt in the September quarter, down 8% sequentially, while managed sales of produced coal were 7.562 Mt. Queensland managed stocks stood at 3.132 Mt, compared with 2.096 Mt at the end of June. New South Wales stocks reached 2.159 Mt from 1.762 Mt. The report attributed higher stockholdings chiefly to shipment timing and terminal availability. Whitehaven stated that export disruption at RG Tanna amounted to 12 days of planned and unplanned outages. These details explain the gap between production and actual shipments without implying a change in coal resources or reserves.

Source: Company ASX announcement; share figures provided for 28 October 2026.