Safeguard Mechanism adding $1/t to Whitehaven costs

EARLY modelling of potential costs of the Safeguard Mechanism in the 2023-24 financial year indicates Whitehaven Coal’s overall unit costs will go up about $1 per run-of-mine tonne.

Safeguard Mechanism adding $1/t to Whitehaven costs Safeguard Mechanism adding $1/t to Whitehaven costs Safeguard Mechanism adding $1/t to Whitehaven costs Safeguard Mechanism adding $1/t to Whitehaven costs Safeguard Mechanism adding $1/t to Whitehaven costs

Whitehaven's Narrabri coal mine in NSW.

Whitehaven's Narrabri longwall mine and Maules Creek open cut mine are both covered by the Safeguard Mechanism, and subject to the reformed scheme's requirements which started on July 1.