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New Hope Boosts Coal Output and Extends Debt Maturity with $300m Notes

10:00am on Thursday 1st of January, 1970 AEST Mining
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New Hope Boosts Coal Output and Extends Debt Maturity with $300m Notes

10:00am on Thursday 1st of January, 1970 AEST
Key Points
  • 5% increase in quarterly ROM coal production to 4.3Mt
  • 10.4% rise in coal sales to 3.2Mt
  • Bengalla Mine lowers cash costs by 12.4% to A$74/t
  • Issued $300 million convertible notes due 2032, repurchased 2029 notes
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