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Whitehaven Coal Ltd Solid coal Quarter Production

  • Solid coal quarter production: Whitehaven Coal Ltd (ASX: WHC) stock fell over 5.6% on August 10, 2016 due to correction in the commodity prices. On the other hand, the stock delivered an outstanding return of over 375% in the last six months (as of August 09, 2016) driven by the solid coal production coupled with recovered commodity prices. For June quarter, the group generated a solid full year ROM coal production of 20.5Mt, which is an increase by 30% against previous corresponding period. Saleable coal production reached 19.7Mt during the quarter while shipments were 20.1Mt for year. Maules Creek operated over 9.0Mtpa rate in June quarter.

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