Whitehaven Coal Limited Whitehaven Coal Limited engages in the development and operation of coal mines in New South Wales and Queensland, producing metallurgical coal for steelmaking and premium thermal coal characterized by high energy, low ash, and low sulphur content for high-efficiency, low-emissions power stations. The company operates six mines, including five open-cut and one large underground facility in the Gunnedah Coal Basin of New South Wales and the Bowen Basin of Queensland; key assets comprise Maules Creek, Narrabri, Tarrawonga, Werris Creek, Blackwater, and Daunia, with coal railed to ports in Newcastle and Queensland for export primarily to Asian markets such as Japan, India, Indonesia, China, Korea, Taiwan, and Malaysia. Founded in 1999 and headquartered in Sydney, Australia, Whitehaven Coal exports high-quality coal offering among the lowest carbon emissions per tonne in the seaborne trade, serving customers in developed and emerging economies while supporting regional communities through its operations and Indigenous employment strategies. In April 2024, the company completed a major acquisition of the Blackwater and Daunia coking coal mines from BHP and Mitsubishi for approximately US$2 billion plus adjustments, significantly expanding its metallurgical coal portfolio to represent about 40% of total output and enhancing its position in premium hard coking coal markets. In March 2025, Whitehaven formed a strategic joint venture at Blackwater with Nippon Steel Corporation, under which Nippon Steel acquired a 20% interest, providing validation of the asset's quality and enabling customer-backed investments in its metallurgical coal expansion. The company maintains a robust development pipeline with large-scale projects like Vickery in New South Wales and Winchester South in Queensland, transitioning to long-life assets amid global demand for its products.