New Hope Corporation Ltd Quarterly Activities Report
Key points
- Improved safety performance with TRIFR down to 2.63
- Increased coal production and sales volumes
- Reduced cash costs at Bengalla Mine
- Paid $126.4 million final FY25 dividend
Full summary
New Hope Corporation Ltd reported a strong operational and financial performance in the October 2025 quarter. Safety performance improved, with the 12-month moving average Total Recordable Injury Frequency Rate (TRIFR) decreasing to 2.63 from 3.22 in the previous quarter. Group prime waste movement increased by 6.1% to 17.1Mbcm, reflecting favourable mining conditions, while group saleable coal production rose 7.1% to 2.7Mt. The Bengalla Mine achieved an FOB cash cost (excluding royalties) of $83.0 per sales tonne, an 18.2% reduction from the prior quarter. During the quarter, the company paid a final fully franked dividend of 15.0 cents per share, totaling $126.4 million. The company's available cash balance as of 31 October 2025 was $544.3 million, post the dividend payment.
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