Quarterly Activities Report

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Stock New Hope Corporation Ltd (NHC.ASX)
Release Time 16 Feb 2026, 9:39 a.m.
Price Sensitive Yes
 New Hope Corporation Ltd Quarterly Activities Report
Key Points
  • Group ROM coal production up 4.8% to 4.1Mt
  • Group coal sales up 8.2% to 2.9Mt
  • Underlying EBITDA of $214.8m for first half of FY2026
Full Summary

New Hope Corporation Ltd released its Quarterly Activities Report for the period ended 31 January 2026. The key highlights include:- Group ROM coal production of 4.1Mt, a 4.8% increase on the previous quarter, driven by a strong mining performance.- Group coal sales of 2.9Mt, 8.2% higher than the previous quarter, reflecting improved logistics across both Bengalla Mine and New Acland Mine.- Average realised sales price of $139.0/t, compared to $136.6/t in the previous quarter.- Underlying EBITDA of $106.9m for the quarter, in-line with the previous quarter. Underlying EBITDA of $214.8m for the first half of the 2026 financial year.- Available cash balance of $616.8m as at the end of the quarter.- Bengalla Mine expected to return to 13.4Mtpa ROM coal production rate during the second half of FY2026, with solid progress made on re-aligning the pit sequence.- Reduction in Bengalla Mine's FY2026 sustaining capital guidance to $100m-$130m, reflecting timing and capital optimisation.The report also provided updates on the company's safety performance, New Acland Mine operations, strategic investments, and marketing and logistics.