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An announcement from New Hope Corporation Limited ( (AU:NHC) ) is now available.
New Hope Corporation Limited reported its quarterly activities, highlighting a stable production of saleable coal and a significant increase in production for the first half of the 2025 financial year compared to the previous half. The company achieved a 21.8% increase in underlying EBITDA and reduced FOB cash costs at the Bengalla Mine. Safety improvements were noted with a decrease in the All-Injury Frequency Rate. The closure of the Oakey Coal Action Alliance appeal proceedings and increased equity in Malabar Resources were confirmed.
More about New Hope Corporation Limited
New Hope Corporation Limited operates in the coal industry, primarily focusing on coal production and sales. The company is involved with the Bengalla Mine and has increased its equity interest in Malabar Resources Limited to 22.97%.
YTD Price Performance: -6.73%
Average Trading Volume: 1,425
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.37B
For a thorough assessment of NHC stock, go to TipRanks’ Stock Analysis page.
