[SMM Coal Flash] New Hope Reports 11.5 Million Tonnes of Saleable Coal Production in FY2026

Published: Sep 18, 2026 18:24

Save

Australian coal miner New Hope Corporation Limited has released its full-year results for the 2026 financial year, reporting saleable coal production of 11.5 million tonnes and coal sales of 11.8 million tonnes. Production growth was supported by the continued ramp-up of the New Acland Mine and strong performance at the Bengalla Mine in the second half of the financial year. Underlying EBITDA reached AUD514 million, while net profit after tax stood at AUD161 million for FY2026.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

11 hours ago

[SMM Coal Flash] Haji Isam to Acquire 10 Billion Shares of Bayan Resources

Indonesian coal player PT Bayan Resources Tbk announced that Andi Syamsuddin Arsyad, also known as Haji Isam, will acquire 10.0 billion Bayan shares through PT Jhonlin Baratama. Bayan's management said the proposed transfer of the controlling shares was formalised through a Conditional Sale and Purchase of Shares Agreement signed on 16 September by company founder Low Tuck Kwong and his daughter Elaine Low. The agreement covers the proposed transfer of 10,000,000,500 ordinary Bayan shares. However, Bayan said completion of the transaction remains subject to the fulfilment of several conditions precedent.

11 hours ago

Sep 17, 2026 19:32

[SMM Coal Flash] India Pushes Uttar Pradesh to Accelerate Development of Saharpur Jamarpani Coal Block

India’s Ministry of Coal has urged the Uttar Pradesh government to accelerate development of the Saharpur Jamarpani captive coal block in Jharkhand to strengthen long-term fuel security for the state’s thermal power plants and reduce reliance on external coal supplies, particularly from Coal India Limited. Located in Jharkhand’s Dumka district, the block has reserves of more than 973 million tonnes and was allocated to Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) in August 2015 to meet the coal requirements of its thermal power projects. However, more than 10 years after its allocation, the block has yet to be operationalised.

Sep 17, 2026 19:32

Sep 17, 2026 19:27

[SMM Coal Flash] Promresurs Acquires Two Coking Coal Assets in Russia’s Tuva Republic

Novosibirsk-based Promresurs has acquired stakes in two coking coal companies in Russia’s Tuva Republic. The company acquired 100% of Ulugkhemugol from Severstal on 27 August 2026 and 81.3% of Mezhegeyugol from Raspadskaya on 3 September 2026. Severstal sold Ulugkhemugol as part of its strategy to reduce solid-fuel use in steelmaking. Mezhegeyugol produced 0.6 million tonnes of metallurgical coal from January to August 2026. However, Raspadskaya’s sale of the asset appears linked to portfolio and financial optimisation amid weak coal prices and losses. Both assets face logistical constraints due to delays to the Kyzyl-Kuragino railway, which is intended to connect Tuva’s coal-producing areas with Russia’s main railway network.

Sep 17, 2026 19:27