Whitehaven Coal

Whitehaven Coal is an Australian coal mining company.

Whitehaven Coal
ASX: WHC
IndustryCoal mining
FoundedFebruary 1999
Headquarters,
Australia
Key people
Mark Vaile (Chairman)
Paul Flynn (CEO)
Revenue$1.7 billion (2020)
$306 million (2020)
Websitewww.whitehavencoal.com.au

History

Whitehaven Coal was established in February 1999. In September 2000, mining operations commenced at the Canyon open cut mine near Gunnedah. Further mines were established at Werris Creek in September 2005 and Tarrawonga in June 2006 before the company listed on the Australian Securities Exchange in June 2007.[1][2]

In June 2011, Whitehaven was granted approval to operate trains in its own right by the Australian Rail Track Corporation to the Port of Newcastle via the Main Northern railway line.[3] In 2012, Nathan Tinkler made an unsuccessful attempt to take over the company.[4] In 2015, the Maules Creek coal mine opened.[5] The project was controversial and opposed by a coalition for traditional owners, farmers and environmentalists.[6]

Assets

Current

Former

  • Canyon coal mine, opened 2000, closed 2009, 100% ownership[13]
  • Rocglen coal mine, opened 2008, closed 2019, 100% ownership[14]

References

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