Whitehaven puts off Vickery mine decision

Original article by Nick Evans
The Australian – Page: 16 : 17-Apr-20

Whitehaven Coal has advised that its production fell by 15 per cent year-on-year in the March quarter, to 4.1 million tonnes of saleable coal. Whitehaven’s managed coal sales fell 22 per cent to 4.5 million tonnes, and the group now expects its managed coal sales for the full year to be within the range of 17.5-18.5 million tonnes. Whitehaven has also indicated that challenging market conditions means that a final investment decision on its Vickery project will not be made until at least 2021. It had previously expected a decision to be made by the end of June.

CORPORATES
WHITEHAVEN COAL LIMITED – ASX WHC

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