Quarterly Activities Report
| 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
- 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
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.