Australia's Whitehaven Coal hits 3-year high on higher-than-expected quarterly output

Whitehaven Coal

29/01/2026 24:20

** Shares of coal miner Whitehaven Coal WHC.AX rise as much as 4.4% to A$9.59, their highest level since late January 2023

** Second-quarter managed run-of-mine coal production rises 13.5% y-o-y, beating market expectations

** Stock last up 2.9%; among top gainers on the benchmark which is down 0.7%

** Shares on track for best day in over two weeks

** Stock ended up 25% in 2025

 (Reporting by Jasmeen Ara Shaikh in Bengaluru)

 ((Jasmeenaraislam.Shaikh@thomsonreuters.com;))