25
Aug
06:48
Whitehaven Coal books record FY22 profit
Australian coal miner Whitehaven Coal has reported a record net profit of AUD 1.95 billion ($1.36 billion) for the year ended 30 June 2022, versus a net loss of AUD 543.9 million a year ago, underpinned by higher coal prices, Kallanish notes. THe company's success however has been driven largely by thermal coal markets.
In metallurgical markets, while pricing is strong compared to historical levels, the group expects further volatility due to global economic p…
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Anonymous
Very good overview of the weekly steel market.
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