Australia’s Whitehaven Coal WHC.AX reported a loss for the full year on Thursday, pressured by lower sales and A$650.0 million ($472.81 million) asset impairment expenses following a downtime at its Narrabri mine in New South Wales. The coal miner said sales volumes were lower than forecast as production was hit by some unexpected geological challenges …
The post Australia’s Whitehaven Coal reports annual loss on mine impairment charge first appeared on Hellenic Shipping News Worldwide.
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