Whitehaven Coal (ASX:WHC) has announced its December 2022 quarter production report, highlighting achieving an average coal price of $527/t, compared with $581/t in the September quarter, to deliver a record average H1 coal price of $552/t.
Whitehaven Coal also says, subject to final audit, it expects to report an H1 FY23 EBITDA on February 16 of about $2.6B, compared with $0.6B in H1 FY22.
The company says the December quarter managed run-of-mine production of 4.8Mt, up 21% on the September quarter, and up 50% on the previous corresponding period.
Whitehaven Coal's share price is up 7% this morning.