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Australia’s Whitehaven Coal posted a 91.8% jump in its fourth-quarter production on Friday, underpinned by strong performance at its New South Wales operations and Narrabri, coupled with production from its recently acquired Queensland business.
The country’s top independent coal miner said its managed run-of-mine coal production for the three months ended June 30 was 9.7 million tonnes , compared with 5.1 Mt a year earlier. The company’s Blackwater and Daunia mines in Queensland, which it recently purchased from BHP Group, produced 4.8 Mt, their first quarterly production under Whitehaven’s ownership.
Production at its Narrabri coal mine more than doubled, compared to the third quarter, following engineering upgrades early in the June quarter.Column: China’s commodity import trend driven by prices, not economy China's imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world's second-biggest economy.Australia’s Quantum Graphite receives $300m loan offer from US EXIM BankPaladin would churn out 10% of global uranium output after combining production of its Namibian mine with Fission’s Canadian project.
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