Whitehaven Coal’s $1 billion Winchester South metallurgical coal project in Queensland remains on track after the state government released a draft environmental impact statement (EIS).
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Whitehaven cautious of project spending
Whitehaven Coal is wary of investing in its development projects due to turbulent coal markets that have been amplified by Chinese restrictions on imports from Australia.
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Whitehaven bolsters Winchester South ambitions
Whitehaven Coal is anticipating a 50 per cent boost in production and processing capacity from the $980 million Winchester South coal project in Queensland.
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Whitehaven to delay investment decisions amid coal slump
Subdued coal markets have forced Whitehaven Coal to be cautious in allocating its capital to expansion, the company stated in its September quarterly report.
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Whitehaven hits record territory on the back of Maules Creek
Whitehaven Coal has achieved record figures across multiple fronts during the 2019 financial year as it benefitted from the high quality of its thermal coal.
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Whitehaven growth defies softening coal markets
Whitehaven Coal has beaten its production guidance for the 2019 financial year on the back of strong performance at its New South Wales mines.
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Whitehaven enters next phase of Winchester South development
Whitehaven Coal has reached a milestone in the proposed development of the Winchester South metallurgical coal site, with the Queensland Government declaring it a coordinated project.
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Rio Tinto to return coal sale proceeds in $US3.2 billion buyback
Rio Tinto will return the sale proceeds of its Australian coal mines, worth $US3.2 billion ($4.4 billion), to its shareholders via a share buy-back.
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Rio Tinto lets go of remaining Australian coal assets
Rio Tinto has completed the sale of its remaining Australian coal-mining operations in Queensland for $3.95 billion.
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Whitehaven completes acquisition of Winchester South from Rio Tinto
Rio Tinto has completed the sale of its 75 per cent stake in the Winchester South coal project in Queensland to Whitehaven Coal.
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