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19 Jul
05:21

Whitehaven Coal sees record earnings, met coal turbulence

Australian coal mining firm Whitehaven Coal says improved operational performance combined with record high coal prices will underpin its strongest ever full-year result. Managing director and chief executive Paul Flynn says he expects the firm to report full-year Ebitda of approximately AUD 3 billion ($2.05 billion), compared with AUD 200 million a year ago, Kallanish notes. The firm also holds a net cash position of AUD 1 billion as at 30 Ju…
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