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New Hope Corp Says Future For Co Remains Positive With Strong Demand For Product To Continue
New Hope Corporation Sees Strong FY22
New Hope Corp FY Revenue From Cont Ops A$1.05 Billion
New Hope Corporation Limited is an Australia-based diversified energy company. The Company's principal activities include coal exploration and project development, coal extraction, processing, marketing and logistics, agriculture and oil and gas exploration, development, production and processing. The Company operates through three segments: Coal mining in Queensland, including mining related production, processing, transportation, port operations and marketing; Coal mining in New South Wales, including mining related production, processing, transportation and marketing, and Other, including coal exploration, oil and gas related exploration, development, production and processing, pastoral operations and administration. It has two open cut coal mines, one in the Darling Downs and one in the Hunter Valley. The Company conducts its various operations through its subsidiaries.
Level 16, 175 Eagle Street
Robert Dobson Millner
Non-Executive Chairman of the Board
Chief Executive Officer
Chief Financial Officer, Company Secretary
Andrew L. Boyd
Chief Operating Officer
B. C. Armitage
Chief Development Officer
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Australian coal miner New Hope Corp Ltd said on Friday it will lay off up to 75% of its workforce from its corporate headquarters due to uncertainty around approvals for its environmentally contentious New Acland mine.
* HIGH COURT OF AUSTRALIA GRANTED OAKEY COAL ACTION ALLIANCE INC SPECIAL LEAVE TO APPEAL ORDERS OF QUEENSLAND COURT OF APPEAL
* REDUCTION IN THERMAL COAL PRICE, LOWER PRODUCTION FROM CO’S QUEENSLAND COAL OPERATIONS TO NEGATIVELY IMPACT FINANCIAL PERFORMANCE IN H2
* QTRLY QLD COAL OPERATIONS PRODUCED 0.58 MILLION TONNES OF COAL VERSUS 1.23 MILLION TONNES
* QTRLY QLD COAL OPERATIONS PRODUCED 58 MILLION TONNES OF COAL VERSUS 1.23 MILLION TONNES
Australian coal producer New Hope Corp Ltd reported on Tuesday a 66% jump in saleable coal production in the first quarter, as output ramped up at its Bengalla mine.
* Harder for coal miners to find funding -CEO (Adds executive comments)
New Hope Corp Ltd said on Tuesday its New Acland coal mine project has cleared an environmental hurdle in the Australian state of Queensland and can now seek further permits to begin operations.
New Hope Corp Ltd will buy a further 10 percent stake in the Bengalla thermal coal mine in Hunter Valley, New South Wales from Japan's Mitsui & Co Ltd for A$215 million ($155.7 million), the Australian coal miner said on Monday.
New Hope Corp Ltd will buy a further 10 percent stake in the Bengalla thermal coal mine in Hunter Valley, New South Wales from Japan's Mitsui & Co Ltd's for A$215 million ($155.7 million), the Australian coal miner said on Monday.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.