Earnings release
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QUARTERLY REPORT 15 July 2021 WHITEHAVEN WHITEHAVEN COAL June 2021 Quarter Production Report Highlights . . . • • • • • • June quarter managed run - of - mine ( ROM ) production of 5.4Mt June quarter managed saleable coal production of 3.8Mt June quarter total managed coal sales 4.5Mt , managed own coal sales 4.0Mt , total equity coal sales 3.7Mt and equity sales of own coal 3.2Mt FY21 managed ROM coal production of 20.6Mt Maules Creek achieved record annual managed ROM production of 12.7Mt FY21 managed coal sales of 19.8Mt , including 2.0Mt of purchased coal , equity coal sales of produced coal 14.4Mt Managed coal stocks of 3.3Mt at period end No known cases of COVID - 19 at any of our sites to date and operations remain largely unaffected but for distancing and hygiene measures FY22 coal production and sales tonnages , capital expenditures and unit cost guidance will be provided in the FY21 Results release scheduled for 26 August Comments from MD and CEO Paul Flynn " Coal prices staged a remarkable recovery over the quarter , responding to increased economic activity as well as continuing supply - side constraints . " Prices for high - CV thermal are at 10 - year highs , and we will begin to see this materialise into strong free cash flow over the coming months . " Our largest mine , Maules Creek , finished with a solid quarter and demonstrated its full potential over the course of the year , delivering a record annual ROM production . " Unfortunately difficult geological conditions persisted at Narrabri through the second half and , having now navigated through this area , we are focused on finishing the balance of the panel expeditiously and getting to the change out scheduled for Q2 of FY22 . Safety The safety outcome for the Group for the 12 months ending 30 June 2021 was a total recordable injury frequency rate ( TRIFR ) , on a 12 month rolling basis , of 5.86 . There is a continued focus on improving safety performance through a focus on hazard reporting and safety interactions . Our Gunnedah CHPP and Rocglen operations both achieved recordable injury free records of 3000 days during 2021 . Whitehaven Coal Limited ABN 68 124 425 396 Level 28 , 259 George Street , Sydney NSW 2000 | 02 8222 1100 | info@whitehavencoal.com.au | www.whitehavencoal.com.au