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Coal mining costs now double 2016 levels

Peter Ker
Peter KerResources reporter

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Inflationary pressures in the Australian mining sector have been put in stark contrast by Whitehaven Coal after the company revealed the unit cost of delivering a tonne of its coal to Newcastle Port this year would be approximately double the cost seen as recently as 2016.

Whitehaven said on Wednesday its unit costs would be about 7 per cent higher than previously expected this year because flooding in the Gunnedah Basin would reduce mine production and sales volumes by between 5 per cent and 7 per cent.

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    Original URL: https://www.afr.com/companies/mining/coal-mining-costs-now-double-2016-levels-20221109-p5bwpz