New Hope (ASX: NHC) — Company Overview, News & Financial Data
New Hope is an Australian coal producer also involved in oil, gas, and agricultural operations with a focus on thermal coal.
New Hope
New Hope is a coal and energy company focused on thermal coal production, bulk port terminal operations, and agricultural enterprises. The company operates major open-cut coal mines in the Hunter Valley region of New South Wales and southeast Queensland, supplying thermal coal primarily to export markets in Asia. Its infrastructure operations include a dedicated coal export terminal at the Port of Brisbane, providing material handling and ship loading capabilities for regional resource producers. In addition to its mining and port logistics assets, the enterprise manages agricultural grazing and cropping businesses integrated with its landholdings surrounding its operational mining leases.
Snapshot
Operations
Products and/or services of New Hope
- Open-Cut Thermal Coal Mining: Produces 10 to 11 million tonnes of thermal coal annually from open-cut operations near Muswellbrook in the Hunter Valley, supplying high-grade export coal to energy markets across Asia via an 80 percent operating joint venture interest.
- Stage 3 Mine Expansion: Conducts open-cut thermal coal extraction near Oakey in southeast Queensland, with forecast output reaching five million tonnes per annum over a 12 to 15 year operational lifespan to supply international energy customers.
- Bulk Export Terminal Services: Operates a dedicated coal export facility at the Port of Brisbane, handling multi-modal rail unloading, stockpiling, and vessel loading services for coal producers exporting thermal and metallurgical coal to overseas markets.
- Livestock and Pastoral Operations: Manages commercial cattle grazing, dryland farming, and irrigated cropping across extensive agricultural land holdings adjacent to active mining leases in Queensland, supporting sustainable land management, soil remediation, and regional agricultural enterprise integration.
- Agricultural Land Management: Conducts beef cattle grazing and crop production across 1,100 hectares of land adjacent to open-cut coal operations near Muswellbrook in New South Wales, integrating land rehabilitation with active regional agricultural production.
- Strategic Energy Investments: Holds equity interests in metallurgical coal projects and exploration tenements across New South Wales and Queensland, focusing on long-term resource identification, deposit evaluation, and operational growth through strategic energy sector investments.
New Hope executive team
- Mr. Robert John Bishop B.Com.Chief Executive Officer
- Ms. Rebecca Susan RinaldiChief Financial Officer
- Mr. Dominic Hugh O'Brien B.A., L.L.B., L.L.M.Executive GM & Company Secretary