Whitehaven books record profit, expects coal prices to stay elevated
25 Aug 2022
The logo of Australia's biggest independent coal miner
Whitehaven Coal Ltd is displayed on their office building located in the
north-western New South Wales town of Gunnedah in Australia, August 15, 2017.
Picture taken August 15, 2017. REUTERS/David Gray
Aug 25 (Reuters) - Whitehaven
Coal (WHC.AX) declared a bumper dividend on
Thursday and said it expects coal prices to stay elevated after the global
energy squeeze triggered by Russia's invasion of Ukraine helped the Australian
miner book a record annual profit.