April 13 (Reuters) - Whitehaven Coal Ltd (WHC) :
- Managed quarterly saleable coal production 5.1mt
- Record managed quarterly ROM coal production 5.7mt
- Managed quarterly coal sales 4.9mt
- Following impact of cyclone Debbie, enquiries for metallurgical coal have increased substantially
- Given existing committed sales volumes, expecting an increase in metallurgical coal sales in final quarter of year
- Whitehaven confirms its full year production guidance of 21mt to 22mt of saleable coal production.
- Negotiations for June quarter benchmark prices metallurgical and annual benchmark price for thermal coal stalled as customers and coal miners assess impact of cyclone.
- "Price settlement is now likely to occur late in April at earliest & is forecast to be at higher prices than were expected some weeks ago"
News: WHC Whitehaven Coal says managed quarterly saleable coal production was 5.1mt
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