Whitehaven Metallurgical Coal Acquisition Presentation
3 Transforms Whitehaven into a metallurgical coal
producer, in line with strategy
TRANSFORMS PORTFOLIO 1
■
■
☐
☐
Revenue from metallurgical coal sales from
<20% to 70% FY24F pro-forma¹
Repositions Whitehaven as Australia's leading
ASX seaborne metallurgical coal company²
Several portfolio initiatives expected to further
re-weight balance towards metallurgical coal
ROM production more than doubles³
"
☐
Equity ROM from ~15 Mtpa to ~35 Mtpa
Managed ROM from ~20 Mtpa to ~40 Mtpa
Saleable production more than doubles4
"
Equity saleable production from ~13 Mtpa
to >30 Mtpa
Managed saleable production from ~17 Mtpa
to >32
Revenue by coal type 1,3 ($m)
FY24F pro-forma
(consensus pricing)
Whitehaven 10-year average
-17%
63%
-83%
37%
Metallurgical
Thermal
FY24F pro-forma
(spot pricing)
-70%
1.
Source: Whitehaven company filings, pro-forma data based as per Whitehaven estimates
Shown on an equity % basis and assuming spot pricing
16
2.
On the basis of metallurgical coal production; excludes diversified mining peers
3.
4.
Excludes coal reservation volumes and purchased coal; 10-year average is FY13-FY23; FY24F pro-forma as per Whitehaven estimates and assuming consensus / spot pricing
As per FY24 Whitehaven estimates
-30%
WHITEHAVENView entire presentation