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Australia's Whitehaven FY saleable coal production slightly short of guidance

Published 13/07/2017, 09:04 am
© Reuters.  Australia's Whitehaven FY saleable coal production slightly short of guidance
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SYDNEY, July 13 (Reuters) - Australia's Whitehaven Coal Ltd WHC.AX said on Thursday it produced 20.8 million tonnes of saleable coal in the financial year-ended June 30, falling slightly short of guidance.

Whitehaven had set full-year production guidance of 21 million to 22 million tonnes for the year ended June 30.

Coal miners enjoyed a temporary spike in the prices of metallurgical and energy coal, which peaked in early April at $314 a tonne and $89 a tonne respectively, but then subsided to finish flat quarter on quarter.

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