Coal News & Price Data – September 20, 2023 – WHC to use $1B Loan to Buy BHP mines
Whitehaven Coal is considering using $1.1bn to $1.8bn in debt to purchase BHP’s coal mines in Queensland, as suggested by UBS analysts.
Whitehaven Coal is considering using $1.1bn to $1.8bn in debt to purchase BHP’s coal mines in Queensland, as suggested by UBS analysts.
Time to address the elephant in the room. Whitehaven is most likely going to buy Blackwater and Daunia from BHP.
Australian coal miner Whitehaven Coal has announced weaker-than-expected projections for its fiscal 2024 managed coal output
Whitehaven Coal has temporarily suspended its share buyback program to allocate resources for a potential bid for BHP’s coking coal mines.
Market Updates: Steel sector has moved past the hype-cycle of a Chinese reopen boom and is settling into a new reality.
It’s time to put Australian thermal producers on alert again, namely Whitehaven, New Hope and Yancoal.