(Reuters) – Australia’s Whitehaven Coal posted an 82% rise in first-quarter output on Friday, aided by rising manufacturing at coking-coal operations it purchased from BHP because the miner pivots in direction of metallurgical coal.
The nation’s high impartial coal miner mentioned its managed run-of-mine (ROM) manufacturing for the three months ended Sept. 30 was 9.7 million tonnes, beating a Seen Alpha consensus of 9.1 million tonnes.
This compares with 5.3 million tonnes a 12 months in the past.