Australia's Whitehaven Coal hits one-year high on announcing cost cut plans

Whitehaven Coal

30/10/2025 02:15

** Whitehaven Coal WHC.AX rises as much as 3.8% to A$7.310, highest since October 15, 2024

** Stock marks biggest intraday pct gain since October 14

** Australian coal major says it's aiming to cut additional costs of A$60 mln (~$39 mln)-A$80 mln by end of June 2026 from its Queensland business

** YTD, WHC gains 15.8%

($1 = A$1.5389)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))